Stocks to Watch on Monday: L&T, Aditya Birla Cap, MOIL, Maruti Suzuki, other auto stocks in spotlight

Stocks to Watch on Monday (March 2, 2026) Amid Middle East Tensions: Domestic equity benchmarks are likely to start Monday's session on a cautious note amid a raging military conflict in the Middle East, following the US-Israel joint attack against Iran that left its Supreme Leader killed. Tehran has launched retaliatory strikes against several American and Israeli allies in the Gulf, causing infrastructure damage, flight disruption and market uncertainty. Analysts say that although the attack against Iran was largely factored in, the severity of multi-pronged escalations will be closely tracked by investors.

According to market guru Anil Singhvi, the situation hasn’t caught investors off guard, with volatility set to persist in crude oil, gold, equities and currencies over the short term, though the broader impact may remain limited. He also pointed out that investors had been expecting the possibility of a military strike on Iran for weeks, which helped limit the shock effect on financial markets.

What GIFT Nifty signals

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Early on Monday, GIFT Nifty futures -- an early indicator of the benchmark Nifty50 index -- were last seen trading 51.5 points, or 0.2 per cent, higher at 25,233.5, suggesting a muted to mildly positive start to the day on Dalal Street.

Here's a list of stocks that are likely to be in focus during Monday's trade (March 2, 2026):

Larsen & Toubro

The Middle East is a strategically significant market for Larsen & Toubro, with a deep and long-standing business presence across the region spanning energy, infrastructure, renewables and technology. "We are closely monitoring the evolving situation and confirm that all our employees, workers and assets on the ground are safe. Our Management Committee is being updated on a real-time basis by our on-ground teams, business partners and local State Administrations to ensure full situational awareness at all times," the agency quoted an L&T spokesperson as saying.

As a precautionary measure, according to the spokesperson, L&T has issued a travel advisory to all concerned personnel, urging them to exercise adequate caution and avoid all non-essential travel and movement.

"We are in constant touch with our clients and are following government advisories. The safety of human life is our foremost priority, and the Company will deploy every resource at its disposal to ensure the well-being of all its people," said the L&T spokesperson

Maruti Suzuki India

The country's largest carmaker registered a 7.5 per cent jump in its total sales to 2.14 lakh units in February, with domestic sales rising 0.6 per cent to 1.75 lakh units. In the utility vehicle segment, its sales increased from 65,033 to 72,756 units.

Hyundai Motor India

The auto major registered a 12.6 per cent increase in its total February sales to 66,134 units, with domestic sales growing 9.8 per cent to 52,407 units.

Escorts Kubota

The tractor maker staged a 22.1 per cent rise in its domestic sales to 9,725 units.

Mahindra & Mahindra

M&M's total sales increased 18 per cent to 97,177 units in February, with domestic SUV sales up 19 per cent at 60,018 units.

SML Isuzu

The auto maker registered a 17 per cent rise in its total sales in February, with 24 per cent growth in PVs.

VST Tillers Tractors

The company's monthly power tiller sales increased from 2,952 to 3,963 units, while tractor sales rose from 308 to 472 units.

Aditya Birla Capital

, with the entire tax demand of Rs 465 crore related to AY21-22 now cancelled.

Aditya Birla Capital has secured a major victory in a prolonged tax case involving its material subsidiary, Aditya Birla Sun Life Insurance, with a tax demand of Rs 465 crore being nullified. This marks a substantial relief to Aditya Birla Sun Life Insurance Limited (ABSLI).

MOIL

The Miniratna PSU raised its manganese ore prices.

Eicher Motors

VE Commercial Vehicles clinched 23.4 per cent growth in its CV sales in February.

VECV is a joint venture between the Volvo Group and Eicher Motors.

Godawari Power and Ispat

The company has received approval from Chhattisgarh Environment Conservation Board to increase its sponge iron division capacity at Siltara from 5.94 lakh MTPA to 6.50 lakh MTPA.

Coal India

The Maharatna PSU registered a 0.7 per cent rise in its February output.

Tata Motors CV

The Tata Motors CV business registered 32 per cent growth in its February sales, with a 32.8 per cent jump in its domestic sales.

Vardhman Textiles

The company has commenced commercial production at its technical textiles plant in Baddi, Himachal Pradesh.

Tata Motors PV

The Tata group auto giant's PV business logged 35 per cent growth in its total sales (including EVs) in February.

Its domestic PV sales jumped 34 per cent to 62,329 units.

TVS Motor Company

The company's total February sales jumped 31 per cent to 5.29 lakh units.

Its motorcycle sales rose 25 per cent to 2.41 lakh units.

Royal Enfield

Eicher Motors subsidiary Royal Enfield's total February motorcycle sales jumped 11 per cent to 1.01 lakh units.

Adani Enterprises

Adani Enterprises subsidiary Adani Defence signed an agreement with Punj Lloyd Aviation to acquire a 14.2 per cent stake in Air Works India (Engineering).

Adani Defence already holds 85.76 per cent in Air Works.

This stake is set to rise to 99.98 per cent after the transaction.