Top stocks to watch on March 2

Mar 2, 2021

By: Navdeep Yadav

​BPCL to sell its 61.65 percent stake in Numaligarh refinery for ₹9,875 crore.

The Oil India and Engineers consortium will acquire 49 percent, and the rest, 13.65 percent, will be sold to the Assam government.

​Hero MotoCorp sold 5.05 lakh motorcycles and scooters in February 2021.

It registered a decent growth of 1.5 percent, beating the street's expectations of a 5 percent YoY decline.

​NMDC achieves higher production in February

In Feb, iron ore monthly production stood at 3.86 million tonnes compared to 3.24 million tonnes in the same period last year.

​Govt gets multiple bids for Shipping Corporation of India privatisation.

The last date for submitting the bids was February 13, which was later extended to March 1.

​RBI imposes ₹2 crore penalty on Bank of Maharashtra for non-compliance with various norms.

The apex bank said the penalty was imposed for non-compliance with certain provisions in the RBI directions 2016.

​Indian Railways directs IRCTC to terminate all contracts of mobile catering.

This came after the mobile catering issue was raised in a petition by members of ICRMCA in the Madras High Court.

​Coal India's production remained subdued in February.

The company said its India production stood at 61.9 million tonnes down in February 2021 — down nearly 7 percent compared to last year.

Credit: Unsplash

​PVR opens three new screens in Kanpur.

It now operates 838 screens at 176 properties in 71 cities.

Heranba Industries will finalise the share allotment of its ₹625-crore IPO today.

The shares of the company will be listed on NSE and BSE on March 5.

<b>These are the top 10 likely IPOs scheduled in March 2021</b>