Stocks to Watch Today: Quality Power, Cipla, Delta Corp, Kotak Bank, JM Financial, Berger Paints, Amara Raja Energy in Focus – February 21
Market Overview
Stocks to Watch Today : The stock market is set for an action-packed trading session today, February 21, with several key stocks in focus due to earnings reports, regulatory changes, corporate actions, and major deals. Investors will closely watch companies like Quality Power, Cipla, Delta Corp, Kotak Mahindra Bank, JM Financial, Berger Paints, and Amara Raja Energy & Mobility, among others, as they respond to recent developments.
Quarterly Earnings Update
Several companies have reported their Q4 results, influencing market sentiment:
- CIE Automotive India: Reported a 1.1% YoY increase in profit to ₹179 crore, while revenue fell 5.8% to ₹2,109.95 crore.
- Sanofi Consumer Healthcare India: Witnessed a 34.8% YoY decline in profit to ₹44.3 crore, with revenue dropping 24% to ₹170.7 crore.
Stocks in Focus Today
Berger Paints
- NSE has removed Berger Paints from the Futures & Options (F&O) segment, effective April 25, 2025. The existing contracts for February, March, and April will continue trading until expiry.
Amara Raja Energy & Mobility
- Not included in NSE’s Futures & Options segment, effective February 28, as it failed to meet eligibility criteria.
Cipla
- Received USFDA approval for Nilotinib capsules (used to treat leukemia), with a planned launch in FY 2025-26.
- USFDA conducted an inspection at its subsidiary Sitec Labs, flagging two observations in Form 483.
Delta Corp
- Signed an agreement with Head Digital Works, where Deltatech Gaming (DGL) will merge with Head Digital.
- Delta Corp will acquire a 5.7% stake in Head Digital post-transaction.
Kotak Mahindra Bank
- Appointed Vyomesh Kapasi as Head of Products for the Consumer Bank.
- Named Shahrukh Todiwala as MD & CEO of Kotak Mahindra Prime.
JM Financial
- Received a tax refund order worth ₹230 crore from the Deputy Commissioner of Income Tax for the assessment year 2008-09.
Other Key Corporate Developments
- Mahindra & Mahindra: Investing ₹3,000 crore in M&M Financial Services and ₹1,500 crore in Mahindra Lifespace Developers through rights issues.
- Tata Steel: Acquired 191.08 crore shares of T Steel Holdings Pte for $300 million (₹2,603 crore), making it a wholly owned subsidiary.
- NTPC Green Energy: Signed an MoU with Bharat Light & Power to advance green energy projects.
- Rail Vikas Nigam: Signed a Project Implementation Agency (PIA) agreement with BSNL for telecom projects.
IPO Listings and Bulk Deals
- Quality Power Electrical Equipments debuts on the mainboard today.
- LK Mehta Polymers and Shanmuga Hospital list on the SME exchange.
- Bulk Deals:
- Isgec Heavy Engineering: Nippon India Small Cap Fund bought a 1.13% stake, while Goldman Sachs exited by selling 1.4%.
- Sai Life Sciences: Small Cap World Fund acquired a 0.5% stake at ₹684.87 per share.
Ex-Dividend Stocks Trading Today
- Manappuram Finance, Cantabil Retail India, Firstsource Solutions, India Nippon Electricals, Kirloskar Oil Engines, and more.
F&O Ban List
- Manappuram Finance is in the F&O ban list for today’s session.
Key Financial Ratios of Stocks in Focus
Here’s a look at key financial metrics of some of the stocks making headlines today:
| Stock | P/E Ratio | P/B Ratio | ROE (%) | Debt/Equity Ratio | Market Cap (₹ Cr) |
|---|---|---|---|---|---|
| Cipla | 29.5 | 4.2 | 17.8 | 0.05 | 95,000 |
| Delta Corp | 14.8 | 2.1 | 14.3 | 0.22 | 5,800 |
| Kotak Mahindra Bank | 28.2 | 3.8 | 12.5 | 0.78 | 3,90,000 |
| Berger Paints | 62.0 | 14.1 | 22.0 | 0.35 | 69,500 |
| Amara Raja Energy | 18.4 | 2.9 | 15.2 | 0.45 | 15,700 |
| JM Financial | 9.6 | 1.1 | 11.4 | 1.5 | 8,500 |
Market Outlook
With regulatory decisions, earnings reports, and corporate developments in play, today’s trading session is expected to be volatile. Investors should closely track these stocks for potential opportunities.
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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.