朕天下娛樂城 To Watch Today, 4th March 2025: Adani Green Energy, Godrej Properties, Indian Energy Exchange, IRCTC, IRFC & More

Indian markets are set to?open lower this morning, March 4, 2025, mirroring a decline in US markets overnight and a cautious trend across Asia-Pacific. It comes against the backdrop of investor angst over US tariffs?on imports from Canada, Mexico and China, which have been made worse by simmering geopolitical tensions.

At 7:30 AM, GIFT 橘子影城 futures?were down 165 points at 22,093.50, indicating a weak start for domestic indices. The Sensex?and 橘子影城50 had also ended lower previously, as investors were in a risk-off mood.

Key 朕天下娛樂城 in Focus

A number of stocks?are set to stay in the spotlight today following particular corporate news:

Adani Green Energy: Adani Green Energy (AGEL) has redone a $1.06 billion construction loan it had raised in 2021 for a solar-wind hybrid renewable energy cluster in?Rajasthan. The new financing has a 19-year payback term,?paralleling the project’s operational life. Power?Finance Corporation has refinanced a construction-linked loan to Adani Green for ?9,261 crore ($1.06 billion).

Godrej Properties: It renewed its pact to develop land with TCM Limited for the proposed project at?Thrikkakara, Kochi, signed back in 2008. The cause for the cancellation is not?known.

Indian?Energy Exchange (IEX): IEX reported a 9% year-on-year growth in electricity trading volumes of 9,622 million units (MU) for February 2025, aided by higher demand in contributor segments. In the Day-Ahead Market (DAM), a 14% YoY growth was recorded with 5,369 MU traded, while the Real-Time Market (RTM) jumped to 2,887 MU, at 23% YoY?growth.

IRCTC, IRFC: Indian Railway Catering & Tourism Corporation (IRCTC) and Indian Railway Finance Corporation Limited (IRFC) have upgraded from Miniratna I to the Navratna category, taking a total number of Navratna central public sector enterprises (CPSEs) to 26.

Metropolis Healthcare: Metropolis Healthcare?will buy Agra-based Scientific Pathology for an all-cash consideration of ?55-83 crore, depending upon revenue and Ebitda milestones met. The deal is part of Metropolis’?strategy to expand in western Uttar Pradesh.

RBL Bank: RBL Bank announced important leadership changes aimed at?enhancing its retail banking segment. Narendra Agrawal also serves the company as?President & Head of Branch Banking and Retail Liabilities, whereas T.S. Pari now takes over the responsibilities as the Chief Operations Officer (COO).

Other Key Developments:

ASK Automotive: Ask Automotive has entered into a partnership with Kyushu Yanagawa?Seiki Co Ltd (KYSK) from Japan to produce high-pressure die-cast alloy wheels for two-wheelers.

IndiGrid Investment:?IndiGrid has got a major power transmission project from REC Power Development and Consultancy Ltd by IndiGrid 2 Private Ltd.

Ujjivan Small Finance Bank: Ujjivan Small Finance Bank (USFB)?has divested its non-performing assets segment, comprising of written-off loans worth ?364.51 crore, to an Asset Reconstruction Company (ARC).

UNO Minda: UNO Minda recently announced a leadership restructuring and the establishment of?new research and engineering centre in the Czech Republic.

Intellect Design Arena: Central 1 Credit Union?in Canada has deployed the banking operations of Intellect Design Arena.

Azad Engineering: Azad Engineering has mobilized ?700 crore through a qualified?institutional placement (QIP).

Reliance Industries: A division?of Reliance Industries could be fined for not setting up a battery cell plant.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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