The following are some stocks to keep an eye on: Tata Steel, Britannia, Coal India, RIL, Vedanta, and Others

<p><strong>March 4th Stocks to Monitor:</strong> Despite a demanding and turbulent week, the markets were able to maintain the general trend and recover all-time highs. Several equities will be the subject of today’s transaction.</p>
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<p><strong>Vedanta:</strong> A top executive said during an analyst conference that Vedanta Resources, the parent company of Mumbai-based mining behemoth Vedanta Limited, intends to cut its debt by as much as $3 billion over the next three years. In the following years, the corporation does not intend to roll over its debts. “Deleveraging is the first priority. Over the next three years, we want to cut $3 billion off of Vedanta Resources’ debt. At an analysts’ meeting, Navin Agarwal, Vice Chairman of Vedanta Ltd. and a member of the Promoter Group, said that the company’s pre-growth capex cash flow is expected to be USD 3.5–4 billion for the fiscal year 2025, which is sufficient for secured debt maturities of USD 1.5 billion, according to PTI.</p>
<p><strong>LIC Housing Finance:</strong> The corporation is planning to raise funds via green bonds in the next fiscal year in order to finance environmentally friendly housing developments. “We will investigate green financing in the coming year and use the money to finance green housing projects,” LIC Housing Finance’s managing director and CEO, Tribhuwan Adhikari, told PTI. A board meeting has been arranged by the corporation for March 7th, 2024–2025, to review the borrowing strategy. According to Adhikari, LICHFL anticipates reaching a net profit of Rs 5,000 crore by the end of the current fiscal year as a result of strong loan demand and the growth of its non-core operations.</p>
<p><strong>Signature Global:</strong> On Sunday, the real estate company said that it has sold more than 1,000 units in its opulent Gurugram project, bringing in over Rs 3,600 crore. The strong demand for residential real estate, especially in the luxury market, is credited with this achievement. The business revealed in a regulatory filing that pre-launch sales for its most recent luxury residential development project, “DE LUXE-DXP,” situated in Gurugram’s Sector 37D, exceeded Rs 3,600 crore.</p>
<p><strong>Reliance Industries:</strong> Two people familiar with the plans said that the business, led by Mukesh Ambani, intends to pursue pumped storage projects (PSP) for hydroelectric power, with a strong emphasis on sustainable energy. According to those with knowledge, Reliance New Energy, the company’s subsidiary, is aggressively looking for appropriate places for these projects. One of the two said, “RIL is in the process of identifying potential PSP sites and intends to participate significantly in bidding for these projects.”</p>
<p><strong>Godrej Properties:</strong> Contracts to build a township project in North Bengaluru have been concluded by the real estate developer. The project would use a profit-sharing concept and will take up 62 acres of land. It is anticipated to have a booking value of Rs 5,000 crore and would provide 5.6 million square feet of saleable space. The business plans to begin the first stage of development on this property in the next fiscal year.</p>
<p><strong>Coal India:</strong> According to Businessline on Saturday, Coal India officials are optimistic about reaching their 780 million tonne output goal for the fiscal year 2023–2024. This claim is especially significant in view of recent media rumors indicating that the coal mining business would miss its goal by 10 million tons. At a stakeholders’ meeting, corporate executives emphasized that earlier remarks about possibly missing the objective had been misconstrued. The purpose of the gathering was to notify producers of mining equipment about the increased demand for their goods. In addition, the business has set a lofty objective for the next year: it wants to produce 838 million tons, a 7.5% increase over the 2023–24 plan.</p>
<p><strong>SJVN:</strong> Gujarat Urja Vikas Nigam’s e-Reverse Auction resulted in the 200 MW solar project being won by SJVN Green Energy, a subsidiary of the state-owned power production firm. This announcement was made on Sunday. A firm statement states that the project’s anticipated cost, to be constructed on a build-own-and-operate basis, is Rs 1,100 crore. The announcement said that SJVN obtained the 200 MW capacity for the construction of solar projects at the 1,125 MW Gujarat State Electricity Corporation Limited (GSECL) Solar Park in Khavda, Gujarat, via tariff-based competitive bidding.</p>
<p><strong>Britannia Industries:</strong> The business is exploring possible joint ventures to broaden its portfolio into high-margin categories including chocolates, fresh dairy, and salty snacks, according to Varun Berry, Vice-Chairman and MD of Britannia Industries. According to Berry, the business, which is well-known for its Marie Gold and Good Day cookie brands, has hired the international consulting firm Bain & Co. to create a forceful “go-to-market” strategy based on data-driven methodologies.</p>
<p><strong>Tata Steel and Motors:</strong> Tata Motors unveiled a new line of green fuel-powered commercial vehicles. LNG and battery electric technologies are used in the portfolio, which also comprises Prima tractors, tippers, and the Ultra EV bus. These cars were given to Tata Steel’s delivery partners to be used in the transportation of raw materials and steel products. They were introduced at the Tata Group’s Founder’s Day festivities in Jamshedpur, which were chaired by N Chandrasekaran, Chairman of Tata Sons.</p>