Stocks to watch include Vedanta and Tata Motors

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Several companies will attract attention from investors as trading begins on Tuesday. Stocks like Vedanta, Tata Motors, and Bajaj Finserv are on the radar for various updates. The domestic markets started the week positively, gaining nearly half a percent. Tata Motors plans to raise prices of its commercial vehicles by up to 2%, effective April 1, due to increased input costs. Vedanta’s Chairman, Anil Agarwal, emphasized the company's goal to unlock value. He believes that the new companies formed from the recent demerger could each grow into $100 billion firms. Bajaj Finserv has made a significant move by agreeing to buy a 26% stake from Allianz SE in its insurance arms, Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. IndusInd Bank received a rating affirmation from Moody's, but its credit assessment is under review for a potential downgrade. Religare Enterprises has hired Trilegal and Grant Thornton Bharat LLP for a governance review to investigate past conduct involving employees. IREDA, the Indian Renewable Energy Development Authority, increased its borrowing limit by Rs 5,000 crore for the upcoming fiscal year. This will be done through corporate bonds and banks. In the food delivery space, Swiggy's Instamart has expanded its services to 100 cities, adding 32 locations as part of its growth strategy. The Bank of Maharashtra has received a warning from SEBI for not holding necessary meetings. The bank has promised to resolve this issue. IRCON International secured a major EPC contract worth Rs 1,096.17 crore from the Government of Meghalaya. Aditya Birla Real Estate launched a new housing project, Birla Punya, in Pune, which will feature around 1,000 apartments. JM Financial plans to transfer its private wealth business to subsidiary JM Financial Services for Rs 11.08 crore, aiming to streamline its wealth management services. Suryoday Small Finance Bank's CEO increased his stake to 5.18% after buying 150,000 shares. The overall promoter group's stake rose to 22.44%. Lastly, NBCC India has been awarded a Rs 44.62 crore contract for project management consultancy related to infrastructure development in Wardha.


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