Stocks to Watch Today: Biocon, Texmaco Rail, NTPC Green Energy, UPL, SpiceJet in Focus – February 25
Stocks to Watch Today : The stock market is set for an action-packed session today, with several key companies making headlines due to significant investments, strategic deals, earnings releases, and regulatory updates. Here’s a comprehensive look at the stocks likely to be in focus on February 25.
Results Today
Market participants will be closely watching the earnings reports of SpiceJet, Rain Industries, Enkei Wheels India, and Vuenow Infratech, which are set to release their financial results today.
Top Stocks to Watch
UPL
Agricultural solutions giant UPL announced that its step-down subsidiary, UPL Holdings Brazil BV, has invested an additional $53.85 million in Sinova Inovações Agrícolas S.A. With this transaction, UPL Holdings Brazil BV’s stake in Sinova has increased from 38.96% to 49.97%, strengthening its position in the Brazilian market.
Texmaco Rail & Engineering
Texmaco Rail has signed a Memorandum of Understanding (MoU) with Poland-based Nevomo to collaborate on high-speed rail solutions and predictive track maintenance. This partnership could play a crucial role in advancing India’s railway technology.
NTPC & NTPC Green Energy
NTPC, along with its subsidiary NTPC Green Energy, has signed multiple MoUs with the Madhya Pradesh government for a massive ₹2 lakh crore investment in renewable energy projects, including solar, wind, and pump hydro initiatives. This move is expected to enhance NTPC’s renewable energy footprint significantly.
Biocon
Biocon’s subsidiary has launched Yesintek, a Stelara biosimilar, in the United States. This marks a major milestone as Yesintek is among the first biosimilars to enter the market for the treatment of Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.
SpiceJet
Aviation stock SpiceJet will be in focus today as it announces its quarterly financial results. Investors will closely analyze the company’s earnings amid rising fuel prices and ongoing restructuring efforts.
Welspun Corp
Welspun Corp has incorporated a wholly owned subsidiary in Spain, named Welspun Europe S.A. This strategic move marks the company’s expansion into the European market.
SBI Life Insurance
The board of SBI Life Insurance has appointed Dorababu Daparti as the Deputy CEO, effective February 24. This appointment is expected to bring strategic leadership to the company.
Oil and Natural Gas Corporation (ONGC)
ONGC is making a ₹1,200 crore investment in ONGC Green (OGL) through a rights offer. The funds will be used to acquire a 100% equity stake in PTC Energy, boosting ONGC’s presence in the renewable energy space.
Shree Cement
Shree Cement has received a GST demand order of ₹41.1 crore from the State Tax Department in Patna due to valuation discrepancies and excess ITC claims.
Refex Industries
The company’s subsidiary, Venwind Refex Power (VRPL), has established a wholly owned subsidiary named Venwind Refex Power Services (VRPSL). This step strengthens Refex Industries’ presence in the renewable energy sector.
Nazara Technologies
Nazara Technologies has acquired an additional 38.57% stake in Funky Monkeys for ₹28.7 crore, increasing its overall holding to 60%. This acquisition strengthens Nazara’s foothold in the gaming and entertainment industry.
Life Insurance Corporation of India (LIC)
LIC has received a ₹57.3 crore GST demand notice for FY2020-21 due to excess Input Tax Credit (ITC) claims.
KEI Industries
KEI Industries’ shareholders have reappointed Rajeev Gupta as CFO & Executive Director (Finance) for five years, reinforcing continuity in financial leadership.
Dipna Pharmachem
The board of Dipna Pharmachem has approved a fundraising plan of ₹100 crore through convertible warrants.
Public Sector Banks & Financial Institutions
The Department of Investment and Public Asset Management (DIPAM) has invited bids from merchant bankers to assist in the planned stake sale of public sector banks and listed financial institutions.
Bulk Deals & Stock Trades
- Kisan Mouldings: Apollo Pipes purchased 6 lakh shares at an average price of ₹48.11 per share.
- Sampann Utpadan India: Antara India Evergreen Fund acquired a 2.29% stake at ₹29.96 per share, while Davos International Fund offloaded a 2.33% stake.
Stocks Trading Ex-Dividend Today
- SBI Cards and Payment Services
- Global Infratech & Finance
Stocks in F&O Ban
- Chambal Fertilisers and Chemicals
- Manappuram Finance
Key Financial Ratios
Here’s a look at key financial ratios for some of the stocks in focus today:
| Company | P/E Ratio | P/B Ratio | ROE (%) | Debt/Equity Ratio |
|---|---|---|---|---|
| Biocon | 38.5 | 3.2 | 10.8 | 0.4 |
| Texmaco Rail | 20.7 | 1.9 | 12.3 | 0.6 |
| NTPC | 10.5 | 1.1 | 13.2 | 1.2 |
| UPL | 15.8 | 2.5 | 14.0 | 0.8 |
| SpiceJet | – | – | – | 2.9 |
| Welspun Corp | 9.4 | 1.4 | 16.1 | 0.5 |
| SBI Life | 70.2 | 10.5 | 17.9 | – |
| ONGC | 6.2 | 0.7 | 19.5 | 0.3 |
(Note: SpiceJet has negative earnings, hence P/E is not applicable.)
Market Outlook
With earnings announcements, strategic investments, regulatory challenges, and expansion moves, today’s market session is expected to be volatile yet full of opportunities. Investors should stay updated on these stocks to make informed trading decisions.
Stay tuned for more stock market updates and analysis. Happy investing! 🚀
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.