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Tata Power: Company obtained LoI to acquire Jalpura Khurja Power Transmission. Developing electricity transmission projects worth Rs 838 million (plus)
Crisil: Net profit up 110.4% to Rs 231.0 kronor, revenue up 34.3% to Rs 628.0 kr (y-o-y) (positive)
Defense stocks: DAC approves capital acquisition proposal worth Rs 84,560 crore (Positive)
NTPC: Company signs agreement to supply approximately 1200 MW more power to NALCO smelter (positive)
NHPC: Company lays foundation stone for 300 MW grid-connected solar power project in Rajasthan (Positive)
PB Fintech: IRDAI has upgraded Policybazaar Ins broker’s license from Direct Insurance Broker (Life Insurance and General Insurance) to Combined Insurance Broker. (positive)
LIC: The company received a refund order of Rs 21,740.80 crore from the Income Tax Department. (positive)
Axis Bank/PayTM: Paytm has migrated its node account to Axis Bank. (positive)
Oil and Natural Gas Corporation: The company has started oil extraction from the country’s latest deep-sea oil discovery in the Bay of Bengal (positive)
KPI Greens: Approved allotment of Rs 10 shares in more than 2 companies (Positive)
Titagarh Railway: Company wins order worth Rs 170 million from Ministry of Defense for supply of 250 special wagons (positive)
RVNL: The company’s order book stands at Rs 65,000 crore. Aiming to add overseas projects (positive)
ITI: Signed a memorandum of understanding with JandK Operations for manufacturing BharOS-enabled digital devices and services (affirmative)
Balrampur Chini: A company entering the new business of manufacturing polylactic acid for bioplastics. (positive)
Adani Enterprises: Adani Realty has been awarded the contract to redevelop a 24-acre Bandra reclaimed land parcel offered by the Maharashtra State Road Transport Corporation. (positive)
Power stocks: India’s power consumption increased by 7.5% between April and January this fiscal year. (positive)
Keynes: Established wholly owned subsidiary “Keynes Mechatronics” (positive)
Quess Corp: The company has approved the spin-off of the business services provider’s diversified areas into three independent entities to unlock value. (positive)
TVS: Mitsubishi Corporation acquired approximately 32% of TVS Vehicle Mobility’s shares through third-party allotment. (positive)
Client Science: Our wholly owned subsidiary, Clean Fino Chem Limited, inaugurated its new manufacturing facility in Pune on Saturday, February 17th (Positive)
Oberoi Realty: Incline Realty, a subsidiary, has signed an agreement with Marriott International to develop two new luxury hotels in Thane, Borivali. (positive)
Omax: Emerges as successful bidder for project worth Rs 385 crore for development of two bus terminals by Uttar Pradesh State Road Transport Corporation (positive)
Data Pattern: Singapore Government, Mirae Asset, Kotak Mutual Fund and HDFC Mutual Fund bought shares in bulk transactions. (positive)
Lupine: The company announced that it received approval from the U.S. drug regulatory authority for ANDA for Minzoya tablets (positive)
Hero MotoCorp: CEO Niranjan Gupta expects double-digit growth in domestic two-wheeler industry revenue next fiscal year (positive)
Chalet Hotels: The company has ambitious plans to expand its portfolio of “big box” or large inventory hotels, with the goal of adding approximately 800 rooms to its hotel offering (affirmative). target)
Equitas SFB: The company becomes the official banking partner of Chennai Super Kings. (positive)
Quess Corp: The Board of Directors has approved a proposed hybrid agreement that provides for the separation of Quess Corp into three independent publicly traded companies. (positive)
Mastech: Board of Directors will consider priority issue allocation for acquisition from subsidiary CCPS (affirmative)
Birla Precision: Board considers raising funds through issue of convertible debentures to promoters/non-promoters (affirmative)
GP Petroleums: We have signed a distributor agreement with NOOR Trading in Bangladesh. (positive)
Schaeffler: Net profit 210.0 CR vs. 231.0 CR, revenue 1875.0 CR vs. 1795.0 CR (YoY)
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