With several companies making big announcements, it can be tricky to keep track of which stocks to watch. From key business deals and leadership changes to financial updates, these developments could impact market movements as well. Here is a quick look at the stocks that will be in focus today, March 4.

Indian stock markets had a volatile session on Monday, swinging between gains and losses before ending nearly flat. The Sensex dropped 112 points to close at 73,085, while the Nifty slipped just 5 points to settle at 22,119. Both indices saw sharp movements, with the Sensex fluctuating between 72,784 and 73,649, and the Nifty moving between 22,004 and 22,261.

Adani Green Energy has refinanced its $1.06 billion construction loan, originally secured in 2021, for developing a solar-wind hybrid renewable energy cluster in Rajasthan. The new financing has a 19-year repayment period with a fully amortized debt structure, aligning with the operational lifespan of the project. This move is part of AGEL’s capital management strategy to secure long-term funding for its renewable energy assets.

Real estate giant Godrej Properties has called off a land development agreement with TCM Limited for a project in Thrikkakara, Kochi. The agreement, signed in 2008, was officially terminated on March 3, 2025. The company did not disclose the reason for the cancellation.

The Indian Energy Exchange (IEX) reported a 9% jump in electricity trading volumes for February 2025, reaching 9,622 million units (MU). This growth was mainly driven by higher demand in key segments. The Day-Ahead Market (DAM) traded 5,369 MU, up 14% year-on-year, while the Real-Time Market (RTM) surged 23% to 2,887 MU.

Auto component maker ASK Automotive has teamed up with Japan’s Kyushu Yanagawa Seiki Co Ltd (KYSK) to manufacture high-pressure die-cast alloy wheels for two-wheelers. KYSK will provide technical expertise to ensure high-quality production. In return, ASK Automotive will pay an initial royalty and a running royalty as part of the agreement.

IndiGrid Investment’s subsidiary, IndiGrid 2 Private Ltd, has secured a major power transmission project. The contract, awarded by REC Power Development and Consultancy Ltd, involves setting up a transmission network to evacuate power from the Ratle (850 MW) and Kiru (624 MW) hydroelectric projects. The project will follow a build-own-operate-transfer (BOOT) model.

RBL Bank has made important leadership changes to boost its retail banking operations. Narendra Agrawal has been appointed as President & Head of Branch Banking and Retail Liabilities, while T.S. Pari takes over as Chief Operations Officer (COO).

Ujjivan Small Finance Bank (USFB) has sold its non-performing loan portfolio, including written-off loans worth Rs 364.51 crore, to an Asset Reconstruction Company (ARC). This move, finalised on February 28, 2025, is part of the bank’s efforts to clean up its balance sheet and focus on financial stability.

Intellect Design Arena has successfully taken over the digital banking operations of Central 1 Credit Union in Canada. The transition, which became effective on March 3, 2025, includes key platforms like Forge, MemberDirect, public websites, and mobile apps. Over 140 banking engineers and service team members from Central 1 have joined Intellect to ensure smooth operations.

CEAT has set up a new subsidiary in Sri Lanka, named CEAT OHT Lanka (Private) Limited, after receiving its Certificate of Incorporation.

Uno Minda

Uno Minda has announced leadership restructuring with Rajeev Gandotra, CEO of the Lighting and Acoustics Domain (LAS)-2, retiring. Vivek Jindal has been appointed as the CEO for the consolidated LAS Domain. In addition, the company has strengthened its R&D capabilities by setting up a new research and engineering center in the Czech Republic, with an aim to advance its lighting solutions technology.