Stocks to Watch Today: KPI Green, Tata Power, Adani Green, Airtel, Waaree Energies, UltraTech Cement, Ceigall India, Mastek in Focus on February 27
Stocks to Watch Today : The stock market is set for an exciting session today, with key companies making headlines due to strategic investments, acquisitions, and business expansions. Here’s a closer look at the stocks that will be in focus in today’s trading session.
Earnings Results and Market Trends
Several companies will release their earnings reports today, including KSB, Sanofi India, and Schaeffler India.
SpiceJet’s Q3 results have also been announced, showing a significant turnaround:
- The airline reported a net profit of ₹20.4 crore, compared to a loss of ₹298.6 crore in the previous year.
- Revenue, however, declined by 35% to ₹1,237 crore, down from ₹1,914.4 crore in the same period last year.
Stocks in Focus Today
1. Bharti Airtel
Bharti Airtel and the TATA Group are in discussions for a possible merger of Tata Play’s Direct-to-Home (DTH) business with Airtel’s subsidiary, Bharti Telemedia. This potential deal could have a significant impact on the telecom and entertainment sectors.
2. KPI Green Energy
KPI Green Energy has entered into a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to develop solar, wind, hybrid, BESS, and biomass-based projects. This move strengthens KPI Green’s presence in the renewable energy sector.
3. Tata Power
Tata Power has signed an MoU with the Assam Government to develop 5,000 MW of renewable and clean energy projects over the next five years. The company will invest ₹30,000 crore in projects including solar, wind, hydro, and energy storage.
4. Adani Green Energy
A subsidiary of Adani Green, Adani Saur Urja (LA), has secured a contract from Uttar Pradesh Power Corporation (UPPCL) for 1,250 MW energy storage capacity. The project will operate for 40 years, with an annual fixed cost of ₹76.53 lakh per MW per annum.
5. Waaree Energies & Waaree Renewable Technologies
Waaree Energies has received a solar module supply order for 410 MWp from Aditya Birla Renewables’ EPC arm. However, the company and its subsidiary, Waaree Renewable Technologies, were searched by Mumbai’s tax department recently. The company’s operations remain unaffected.
6. UltraTech Cement
UltraTech Cement has approved a Scheme of Arrangement with Kesoram Industries, effective from March 1, 2025. Additionally, the company will invest ₹1,800 crore in a wires and cables plant in Gujarat, expected to be operational by December 2026.
7. Ceigall India
Ceigall India has received a contract termination letter from NHAI regarding a road project in Punjab. The company will receive damages equal to 1% of the contract price for the terminated ₹1,071 crore project.
8. Mastek
Mastek has secured multiple contracts worth $85 million from a UK public service department. The contracts are spread over two years, reflecting its strong foothold in the digital transformation space.
Key Financial Ratios of Focused Stocks
| Company Name | P/E Ratio | Market Cap (₹ Cr) | Debt-to-Equity | ROE (%) | 52-Week High (₹) | 52-Week Low (₹) |
|---|---|---|---|---|---|---|
| Bharti Airtel | 39.5 | 6,90,000 | 1.4 | 12.8 | 1,070 | 700 |
| KPI Green Energy | 45.2 | 7,500 | 0.6 | 14.5 | 1,520 | 920 |
| Tata Power | 32.1 | 1,20,000 | 1.8 | 11.2 | 460 | 190 |
| Adani Green Energy | 54.3 | 2,70,000 | 2.4 | 8.9 | 2,500 | 1,300 |
| Waaree Energies | 48.6 | 12,000 | 0.9 | 15.6 | 2,200 | 1,100 |
| UltraTech Cement | 27.5 | 2,20,000 | 0.5 | 14.2 | 9,500 | 5,400 |
| Ceigall India | 18.7 | 4,200 | 0.8 | 11.1 | 380 | 190 |
| Mastek | 21.9 | 8,500 | 0.3 | 17.4 | 3,200 | 1,800 |
Other Market Highlights
- Dr. Reddy’s Laboratories received an EIR from USFDA for its API manufacturing facility in Hyderabad.
- Caplin Steriles, a subsidiary of Caplin Point Laboratories, got USFDA approval for an ophthalmic solution.
- Godrej Properties is under CBI investigation for a wildlife clearance violation.
- G R Infraprojects has signed an MoU with the Assam Government for a ropeway project worth ₹270 crore in Guwahati.
- Manappuram Finance is in the F&O ban list, while Chambal Fertilizers has been removed from the list.
- Vakrangee has entered a strategic tie-up with Aditya Birla Health Insurance to expand insurance access in rural areas.
- Wipro Ventures is investing $200 million in startups to drive innovation.
Conclusion
Today’s stock market action is packed with significant corporate movements, from major renewable energy investments to mergers, government contracts, and tax investigations. Investors should keep a close eye on these developments, as they will likely influence market trends.
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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.