Stocks to Watch Today: Maruti, Tata Motors, Vishal Mega Mart | March 02

Stocks to Watch Today on March 02 featuring Maruti Suzuki February sales, Tata Motors growth and Vishal Mega Mart block deal activity

Stocks to Watch Today on March 02 are driven by robust February auto sales data, significant block transactions in retail, geopolitical developments impacting crude-sensitive sectors, and fresh corporate announcements across telecom, energy, defence, insurance and infrastructure. As the share market today reacts to global tensions in the Middle East and domestic business updates, multiple sector-specific developments are shaping today's stocks to watch.


Share Market News – Highlights


February Auto Sales Drive Market Attention

Automobile manufacturers released their February business updates, showing broad-based growth across passenger vehicles, two-wheelers, commercial vehicles, tractors and electric vehicles.

Passenger Vehicle Segment

Maruti Suzuki India reported total sales growth of 7.3 percent year-on-year to 2,13,995 units. Export volumes recorded a sharp rise of 56.5 percent, while domestic sales remained largely stable. Production increased 19.3 percent during the month.

Hyundai Motor India posted its highest-ever February sales, with total volumes rising 12.6 percent year-on-year. Both domestic and export segments contributed to growth.

Tata Motors’ passenger vehicle division recorded a 35 percent increase in total sales, with electric vehicle volumes growing 57 percent year-on-year.

Mahindra & Mahindra reported 18 percent growth in total sales, while domestic passenger vehicle sales rose 19 percent.

Two-Wheeler & Three-Wheeler Segment

Hero MotoCorp registered 43.8 percent growth in total sales, supported by strong domestic volumes and export expansion.

TVS Motor Company reported a 31 percent rise in overall sales. Electric vehicle sales increased 60 percent year-on-year, and three-wheeler volumes grew 77 percent.

Premium & Commercial Segment

Eicher Motors’ Royal Enfield brand recorded 11 percent growth in total sales. Models up to 350cc showed strong traction, while higher-capacity motorcycles saw a decline.

Tata Motors’ commercial vehicle segment posted 32 percent growth in total sales, supported by domestic demand recovery.

SML Mahindra reported 17 percent growth in total volumes across passenger and cargo categories.

Tractor & Rural Segment

M&M Tractor sales increased 34 percent year-on-year, while Escorts Kubota recorded over 20 percent growth in total tractor sales.

VST Tillers Tractors reported 36 percent growth in combined power tiller and tractor sales.

The auto sector data collectively places the automobile space among key stocks to watch out today.

Global Tensions Put Multiple Sectors in Focus

Escalating geopolitical tensions in the Middle East, including military developments involving the US, Israel and Iran, have intensified scrutiny on crude-sensitive sectors. Reports of disruptions around key oil transit routes have heightened volatility in global energy markets.

Oil-Linked Companies

Upstream exploration companies such as ONGC and Oil India typically respond to movements in crude prices, while downstream refiners including HPCL, BPCL and Indian Oil Corporation may see margin sensitivity due to raw material cost fluctuations.

Tourism & Aviation

Airspace disruptions in parts of the Middle East have drawn attention to aviation and travel-linked businesses, including IndiGo, SpiceJet, and hospitality players.

Metals & Dollar Sensitivity

Movements in global currencies and safe-haven assets may influence metal producers including Tata Steel, Vedanta, and SAIL.

Gold & Jewellery Segment

Precious metal price fluctuations have implications for gold financiers such as Muthoot Finance and Manappuram Finance, along with jewellery brands like Titan and Kalyan Jewellers.

Vishal Mega Mart Sees Large Block Transactions

Promoter entity Samayat Services LLP executed a significant stake sale in Vishal Mega Mart through block deals, divesting approximately 13.96 percent equity. Institutional investors including HDFC Mutual Fund, Government of Singapore and Monetary Authority of Singapore acquired shares at disclosed transaction prices.

The transaction reshapes promoter shareholding structure and places the retail chain among stocks to watch today for intraday activity.

Energy & PSU Developments

GAIL (India) announced leadership transition with Deepak Gupta assuming charge as Chairman and Managing Director.

Bharat Electronics declared an interim dividend of ₹1.95 per share for FY26.

Bharat Coking Coal reported marginal increase in raw coal production, though offtake declined during February.

Telecom & Digital Collaborations

Bharti Airtel partnered with Google to integrate Rich Communication Services (RCS) messaging with enhanced spam filtering and fraud protection features.

Netweb Technologies entered into collaboration with Vertiv to validate GPU compute infrastructure for AI-driven data centres.

Real Estate & Project Announcements

Brigade Enterprises launched a residential project in Chennai with an estimated gross development value of ₹1,700 crore.

Eleganz Interiors secured a ₹122 crore interior fit-out contract from a global technology organisation.

Regulatory & Inspection Updates

Niva Bupa Health Insurance received a Show Cause Notice from IRDAI following regulatory inspection, with the company stating that there is no immediate financial or operational impact.

Aurobindo Pharma’s subsidiary facility underwent USFDA inspection, concluding with four observations.

Additional Institutional Activity

BNP Paribas acquired stakes in IRCTC and Jubilant FoodWorks through open market purchases.

Gaudium IVF & Women Health saw institutional buying and partial stake reductions ahead of its listing.

Listings & Corporate Actions

Clean Max Enviro Energy Solutions and Shree Ram Twistex listed on the mainboard, while Kiaasa Retail and Accord Transformer & Switchgear listed on the SME platform.

Altius Telecom Infrastructure Trust traded ex-income distribution, and Varvee Global marked its stock split ex-date.

Companies Announcing Results

Enkei Wheels (India), Jagatjit Industries, K&R Rail Engineering and Rain Industries are scheduled to release quarterly earnings. BF Utilities and Vaswani Industries will announce results on February 28.

Market Context

The share market today reflects a combination of domestic monthly performance data and global macro developments. February auto sales indicate continued demand momentum across passenger vehicles, two-wheelers, commercial vehicles and rural segments, while geopolitical risks add sector-specific volatility to energy, metals, tourism and precious metals.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?