Several companies have made significant announcements, and these stocks are worth keeping an eye on in the coming days.
RVNL has received a Letter of Award (LoA) worth ₹554 crore from the Rail Infrastructure Development Company, Karnataka. This deal could boost the company’s prospects in the rail infrastructure sector.
Transformers & Rectifiers has secured an order worth ₹166.5 crore from Hyosung T&D India, further cementing its position in the power and transmission sector.
Concor has awarded a ₹689.76 crore order to Braithwaite & Co for 30 BLSS Rakes, which could strengthen its logistics and transportation operations.
Triveni Engineering is attracting attention with its recent international accolades for its premium and super-premium whisky brands, marking a significant milestone in its diversification.
Infosys is collaborating with Lufthansa Group and Lufthansa Systems to drive digital innovation in the aviation sector. This partnership could have long-term implications for the company’s role in the global technology landscape.
Ami Organics has announced that its board will meet on February 21, 2025, to discuss a potential stock split, which could attract investor interest.
Unichem Laboratories saw its credit rating upgraded by ICRA, with its ₹180 crore bank facilities now rated ICRA A+ from ICRA A, indicating strengthened financial stability.
Shashijit Infraprojects has received a Letter of Intent for a ₹23.59 crore civil construction project, expanding its order book and potential revenue streams.
RPP Infra Projects has been awarded a new project worth ₹62.8 crore, enhancing its portfolio of infrastructure contracts.
Power Grid made a strategic move by acquiring Bidar Transco Limited and Khavda V-B1B2 Power Transmission Limited, expanding its footprint in the power transmission sector.
Mahindra Life is partnering with Livingstone Infra Private Limited for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value of ₹1,650 crore.
Tiger Logistics has launched CUBOX, a new LCL consolidation brand targeting smaller shipments and B2B businesses, expanding its service offerings.
Vedanta has received 83% creditor approval for its proposed demerger, clearing a crucial hurdle in its restructuring process.
Anant Raj has received RERA registration for Birla Navya, Phase-IV, Avik Phase-2 at its Anant Raj Estate in Gurugram, Haryana, indicating further progress in its real estate developments.
Tata Steel received approval from Neath Port Talbot Council for its plan to establish an electric arc furnace at the Port Talbot steelworks, marking an important step in its green transformation.
Indian Overseas Bank appointed Madhaw Chandra Jha as its new CFO, effective March 1, 2025, strengthening the leadership team.
Bharti Airtel has seen several big-name investors, including GQG Partners and Fidelity Investments, participate in recent block deal transactions, which is likely to boost investor sentiment around the stock.
L&T has acquired the remaining 26% stake in L&T Special Steels & Heavy Forgings, making it a wholly owned subsidiary, which is a significant move for its heavy engineering business.
IREDA’s subsidiary has received a Certificate of Registration to start business as a finance company at Gift City, Gujarat, marking a key milestone for its operations.
Crayons Advertising announced the resignation of Mr. Gagan Mahajan, its Company Secretary & Compliance Officer, which could lead to changes at the executive level.
Samhi Hotels has received a credit rating from ICRA for its long-term loan facilities, which could influence investor confidence in the hospitality sector.
Puravankara acquired a 39.54% stake in Sobha Puravankara Aviation Private Limited, marking an important step in its investment strategy.
Aurobindo Pharma faced scrutiny from the US FDA, which completed an inspection of its Eugia Steriles facility with five observations.
Bank of India issued Long-Term Bonds amounting to ₹2,690 crore under a Private Placement basis, reinforcing its capital base.
PNB reported a borrowal fraud of ₹270.57 crore involving Gupta Power Infrastructure Limited, but provisions have already been made against the account.
Cello experienced a fire at its Opal division in its Daman facility, which might cause some disruption in its operations.
Akzo Nobel is considering selling its India Paints Business for up to $1.7 billion, which could significantly impact its market position in India.
TTK Prestige announced a substantial commitment of ₹500 crore over the next three fiscal years to drive its growth initiatives.
Piramal Pharma received a Form 483 from the US FDA with six observations for its Turbhe facility, which may raise concerns about its operations.
Kothari Ind saw a leadership change, with Mr. Pradip Dayanand Kothari stepping down as Chairman and Director, which could lead to changes in the company’s strategy.
These updates represent key movements across various sectors, including infrastructure, hospitality, healthcare, and finance, and could be pivotal in shaping the market dynamics in the days ahead.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research or consult a financial advisor before making investment decisions.
