Adtech Systems

< -5%

Rashi Periphera

-5% to -3%

Pelatro

TVS Electronics

Ducon Infratech

Cerebra Int

Control Print

D-Link India

REGANTO ENT

Swiss Military

Netweb

Umiya Buildcon

-3% to 0%

EPW India

Accel

HCL Info

Compuage Info

0% to 3%

ECS Biztech

3% to 5%

ACI Infocom

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/pacedigitek/PDL01">Pace Digitek</a> share price rose more than 3 percent in the opening trade on February 24 following the purchase order worth Rs 158.71 crore from Reliance Industries.

At 09:16am, Pace Digitek was quoting at Rs 188.80, up Rs 6.70, or 3.68 percent, on the BSE.

In an exchange filing, the company said that its material subsidiary Lineage Power has received a purchase order worth Rs 1,587.10 million (Including GST) from Reliance Industries.

The subsidiary will supply battery packs of Li-ion 48V 15S1P 314 AH, which is to be completed by August 31, 2026.

<a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-weak-start-us-markets-fall-asia-gains-liveblog-13840454.html">Catch all the market action on our live blog</a>

Last week, the company secured an advance letter of authorization (LOA) from RailTel Corporation of India for security infrastructure project of Rs 89.07 crore

Also, Lineage Power received a purchase order worth USD 1,346,210.00 from Yaqin Che for supply of Mobile Battery Energy Storage System (BESS).

In the previous trading session, the share closed at Rs 184.05, up Rs 5.10, or 2.85 percent.

The share touched a 52-week high of Rs 232.20 and a 52-week low of Rs 160.15 on 10 October, 2025 and 27 January, 2026, respectively.

Currently, the stock is trading 21.92 percent below its 52-week high and 13.21 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,972.74 crore.

Ownership, Material Conflicts of Interest and Disciplinary History

MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

Details of Associate

Receipt of Compensation

Third-Party Compensation

Employment History

Market-Making Activities

Use of Artificial Intelligence

Pace Digitek shares rise 3% on winning order of Rs 158.71 crore

Pace Digitek share price rose more than 3 percent in the opening trade on February 24 following the purchase order worth Rs 158.71 crore from Reliance Industries.

At 09:16am, Pace Digitek was quoting at Rs 188.80, up Rs 6.70, or 3.68 percent, on the BSE.

In an exchange filing, the company said that its material subsidiary Lineage Power has received a purchase order worth Rs 1,587.10 million (Including GST) from Reliance Industries.

The subsidiary will supply battery packs of Li-ion 48V 15S1P 314 AH, which is to be completed by August 31, 2026.

Catch all the market action on our live blog

Last week, the company secured an advance letter of authorization (LOA) from RailTel Corporation of India for security infrastructure project of Rs 89.07 crore

Also, Lineage Power received a purchase order worth USD 1,346,210.00 from Yaqin Che for supply of Mobile Battery Energy Storage System (BESS).

In the previous trading session, the share closed at Rs 184.05, up Rs 5.10, or 2.85 percent.

The share touched a 52-week high of Rs 232.20 and a 52-week low of Rs 160.15 on 10 October, 2025 and 27 January, 2026, respectively.

Currently, the stock is trading 21.92 percent below its 52-week high and 13.21 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,972.74 crore.

Stocks in Focus on Feb 24: Piramal Pharma, Tata Technologies, Torrent Power, Pace Digitek, Patel Engineering, Suraj Estate Developers, One Mobikwik Systems

* Stocks in Focus on Feb 24: Piramal Pharma, Tata Technologies, Torrent Power, Pace Digitek, Patel Engineering, Suraj Estate Developers, One Mobikwik Systems

shorts/business/stocks-to-watch-today-tata-technologies-torrent-power-mobikwik-pace-digitek-signpost-india-chalet-hotels-fractal-industries-in-focus-on-24-february

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and investments, here’s a quick look at which stocks will be in focus in today's trade:

<a href="https://www.moneycontrol.com/markets/earnings/" target="_blank">Results Today</a>

Schaeffler India, Elantas Beck India, DIC India, and AJR Infra and Tolling will announce their quarterly earnings today.

Stocks to Watch

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/housingurbandevelopmentcorporation/HUD" target="_blank">HUDCO</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/piramalpharma/PP34" target="_blank">Piramal Pharma</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/diversified/tatatechnologies/TTL01" target="_blank">Tata Technologies</a>, <a href="https://www.moneycontrol.com/india/stockpricequote/power-generationdistribution/torrentpower/TP14" target="_blank">Torrent Power</a>

The National Stock Exchange has decided to exclude <a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-real-estate/housingurbandevelopmentcorporation/HUD" target="_blank">Housing &amp; Urban Development Corporation</a> (HUDCO), Piramal Pharma, Tata Technologies, and Torrent Power from the Futures &amp; Options segment, effective April 29, 2026.

<a href="https://www.moneycontrol.com/india/stockpricequote/telecommunications-service/bhartiairtel/BA08" target="_blank">Bharti Airtel</a>

The company announced major plans for its non-banking financial company (NBFC), Airtel Money, underscoring its commitment to narrowing the credit gap in India.

The NBFC subsidiary will be capitalised with Rs 20,000 crore, to be injected over the next few years. Airtel will contribute 70 percent, while the promoter group, through Bharti Enterprises, will bring in the remaining 30 percent.

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/pacedigitek/PDL01" target="_blank">Pace Digitek</a>

The company’s subsidiary, Lineage Power, has received a purchase order worth Rs 158.7 crore from Reliance Industries for the supply of Li-ion battery packs (48V 15S1P 314 AH).

<a href="https://www.moneycontrol.com/india/stockpricequote/media/signpostindia/SIL25" target="_blank">Signpost India</a>

The company has received an order worth Rs 450 crore from the Kolkata Municipal Corporation for exclusive outdoor advertising rights on Park Street (Mother Teresa Sarani), from Jawaharlal Nehru Road to Mullick Bazar Crossing; Camac Street (Abanindranath Sarani); Theatre Road (Shakespeare Sarani); and Park-o-Mat, under the ‘Kolkata Streetscape Renaissance’ project through the PPP mode.

<a href="https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/patelengineeringcompany/PEC" target="_blank">Patel Engineering</a>

The Maharashtra Krishna Valley Development Corporation, Pune, has declared Patel Engineering, along with its JV partners, as the lowest bidder for a Rs 133.25 crore contract.

The contract involves the construction of head works, pump houses, switchyards, rising mains, delivery chambers, and the installation of pumping machinery, along with allied civil, mechanical, and electrical works. It also includes the development of a closed pipe distribution system under the Tasgaon Lift Irrigation Scheme, part of the Guruvarya Late Laxmanraoji Inamdar Lift Irrigation Scheme.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/silvertouchtechnologies/STT01" target="_blank">Silver Touch Technologies</a>

The IT solutions provider has been selected by the Food Safety and Standards Authority of India (FSSAI) for a strategic digital transformation engagement.

Silver Touch will act as the Managed Service Provider (MSP) for application development, enhancement, and the operations and maintenance of FSSAI portals and applications.

<a href="https://www.moneycontrol.com/india/stockpricequote/hotels/chalethotels/CH03" target="_blank">Chalet Hotels</a>

The board has approved the development of a proposed 330-room luxury hotel, along with commercial/retail space of 36,255 sq ft, at Madhapur in Hyderabad, with an investment of Rs 632.8 crore. Once operational, this will be the company’s third hotel in Hyderabad.

<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/bharatpetroleumcorporation/BPC" target="_blank">Bharat Petroleum Corporation</a>

BPCL has received a tax demand order worth Rs 1,816.65 crore (duty of Rs 476.94 crore, interest up to date of Rs 1,339.70 crore, and a penalty of Rs 95,000) from the Central Tax &amp; Central Excise Department, Kochi, for the period from September 2004 to May 2010.

The major tax demand pertains to the pre-merger period of Kochi Refineries (KRL), that is, from September 2004 to August 2006, which was pending adjudication.

BPCL said it will file an appeal against the order with the Customs, Excise and Service Tax Appellate Tribunal (CESTAT).

<a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-auto-truckmotorcycle-parts/samvardhanamothersoninternational/MSS01" target="_blank">Samvardhana Motherson International</a>

Motherson, in a joint venture with Marelli, has inaugurated a manufacturing facility in Sanand, Gujarat. Established as a strategic joint venture with Marelli, the advanced plant is dedicated exclusively to producing cutting-edge exterior lighting systems, further strengthening the group’s capabilities in automotive component manufacturing.

<a href="https://www.moneycontrol.com/india/stockpricequote/construction-real-estate/surajestatedevelopers/SED01" target="_blank">Suraj Estate Developers</a>

The real estate developer has announced the completion of the acquisition of 100 percent shares of Hally Pacific, a company that owns a strategically located vacant land parcel in Prabhadevi, Mumbai.

The acquisition was completed for Rs 30.40 crore, resulting in Hally Pacific becoming a wholly owned subsidiary of the company. The acquired entity owns approximately 717.39 square metres of vacant land in Prabhadevi, Mumbai.

The company intends to undertake development at the project site, which has an estimated saleable carpet area of 0.367 lakh sq ft and an estimated gross development value (GDV) of approximately Rs 200 crore.

<a href="https://www.moneycontrol.com/india/stockpricequote/online-services/onemobikwiksystems/OMSL" target="_blank">One Mobikwik Systems</a>

The company’s subsidiary, Mobikwik Securities Broking, has received approval from the Bombay Stock Exchange (BSE) to commence its stock broking business.

<a href="https://www.moneycontrol.com/india/stockpricequote/miscellaneous/bluecloudsoftechsolutions/BCS03" target="_blank">Blue Cloud Softech Solutions</a>

The company has received board approval for a definitive agreement framework to acquire 100 percent of Global Impex Inc from ConnectM Technology Solutions, Inc, a US-based modern energy economy company.

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/sigmaadvancedsystems/M08" target="_blank">Sigma Advanced Systems</a>

The company has secured fresh orders worth about Rs 100 crore from the Ministry of Defence and associated defence PSUs.

The contracts relate to ongoing strategic programmes across missile systems, naval platforms, and airborne applications, under which Sigma will supply built-to-spec systems, control electronics, and actuation solutions.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/rblbank/RB03" target="_blank">RBL Bank</a>

The Reserve Bank of India (RBI) has approved the reappointment of Chandan Sinha as Non-Executive (Part-time) Chairman of RBL Bank for a second term, with effect from May 21, 2026, to May 20, 2029.

Bulk Deals

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/edelweissfinancialservices/EC01" target="_blank">Edelweiss Financial Services</a>

Rashesh Chandrakant Shah has acquired 1 crore equity shares (equivalent to 1.05 percent of paid-up equity) in Edelweiss Financial Services for Rs 118 crore from Venkatchalam Arakoni Ramaswamy.

Both promoters and founders exchanged the above-mentioned shares at a price of Rs 118 per share.

<a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/dudigitalglobal/DDT" target="_blank">Dudigital Global</a>

Radiant Global Fund – Class B Participating Shares has acquired 7 lakh shares (0.97 percent stake) in Ashish Kacholia-backed Dudigital Global, a visa processing services provider, from Legends Global Opportunities (Singapore) for Rs 2.94 crore. The shares were exchanged at Rs 42 per share.

Legends Global Opportunities (Singapore) held a 4.43 percent stake in Dudigital Global as of September 2025.

SME Listing

Fractal Industries

Stock Trades Ex-Dividend

AK Capital Services

Stocks Trade Ex-Date for Rights

Hilton Metal Forging
Padam Cotton Yarns

Stock in F&amp;O ban

SAIL

Stock Out of F&amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Stocks to Watch Today: Tata Technologies, Torrent Power, MobiKwik, Pace Digitek, Signpost India, Chalet Hotels, Fractal Industries in focus on 24 February

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, and investments, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Schaeffler India, Elantas Beck India, DIC India, and AJR Infra and Tolling will announce their quarterly earnings today.

Stocks to Watch

HUDCO, Piramal Pharma, Tata Technologies, Torrent Power

The National Stock Exchange has decided to exclude Housing &amp;amp; Urban Development Corporation (HUDCO), Piramal Pharma, Tata Technologies, and Torrent Power from the Futures &amp;amp; Options segment, effective April 29, 2026.

Bharti Airtel

The company announced major plans for its non-banking financial company (NBFC), Airtel Money, underscoring its commitment to narrowing the credit gap in India.

The NBFC subsidiary will be capitalised with Rs 20,000 crore, to be injected over the next few years. Airtel will contribute 70 percent, while the promoter group, through Bharti Enterprises, will bring in the remaining 30 percent.

Pace Digitek

The company’s subsidiary, Lineage Power, has received a purchase order worth Rs 158.7 crore from Reliance Industries for the supply of Li-ion battery packs (48V 15S1P 314 AH).

Signpost India

The company has received an order worth Rs 450 crore from the Kolkata Municipal Corporation for exclusive outdoor advertising rights on Park Street (Mother Teresa Sarani), from Jawaharlal Nehru Road to Mullick Bazar Crossing; Camac Street (Abanindranath Sarani); Theatre Road (Shakespeare Sarani); and Park-o-Mat, under the ‘Kolkata Streetscape Renaissance’ project through the PPP mode.

Patel Engineering

The Maharashtra Krishna Valley Development Corporation, Pune, has declared Patel Engineering, along with its JV partners, as the lowest bidder for a Rs 133.25 crore contract.

The contract involves the construction of head works, pump houses, switchyards, rising mains, delivery chambers, and the installation of pumping machinery, along with allied civil, mechanical, and electrical works. It also includes the development of a closed pipe distribution system under the Tasgaon Lift Irrigation Scheme, part of the Guruvarya Late Laxmanraoji Inamdar Lift Irrigation Scheme.

Silver Touch Technologies

The IT solutions provider has been selected by the Food Safety and Standards Authority of India (FSSAI) for a strategic digital transformation engagement.

Silver Touch will act as the Managed Service Provider (MSP) for application development, enhancement, and the operations and maintenance of FSSAI portals and applications.

Chalet Hotels

The board has approved the development of a proposed 330-room luxury hotel, along with commercial/retail space of 36,255 sq ft, at Madhapur in Hyderabad, with an investment of Rs 632.8 crore. Once operational, this will be the company’s third hotel in Hyderabad.

Bharat Petroleum Corporation

BPCL has received a tax demand order worth Rs 1,816.65 crore (duty of Rs 476.94 crore, interest up to date of Rs 1,339.70 crore, and a penalty of Rs 95,000) from the Central Tax &amp;amp; Central Excise Department, Kochi, for the period from September 2004 to May 2010.

The major tax demand pertains to the pre-merger period of Kochi Refineries (KRL), that is, from September 2004 to August 2006, which was pending adjudication.

BPCL said it will file an appeal against the order with the Customs, Excise and Service Tax Appellate Tribunal (CESTAT).

Samvardhana Motherson International

Motherson, in a joint venture with Marelli, has inaugurated a manufacturing facility in Sanand, Gujarat. Established as a strategic joint venture with Marelli, the advanced plant is dedicated exclusively to producing cutting-edge exterior lighting systems, further strengthening the group’s capabilities in automotive component manufacturing.

Suraj Estate Developers

The real estate developer has announced the completion of the acquisition of 100 percent shares of Hally Pacific, a company that owns a strategically located vacant land parcel in Prabhadevi, Mumbai.

The acquisition was completed for Rs 30.40 crore, resulting in Hally Pacific becoming a wholly owned subsidiary of the company. The acquired entity owns approximately 717.39 square metres of vacant land in Prabhadevi, Mumbai.

The company intends to undertake development at the project site, which has an estimated saleable carpet area of 0.367 lakh sq ft and an estimated gross development value (GDV) of approximately Rs 200 crore.

One Mobikwik Systems

The company’s subsidiary, Mobikwik Securities Broking, has received approval from the Bombay Stock Exchange (BSE) to commence its stock broking business.

Blue Cloud Softech Solutions

The company has received board approval for a definitive agreement framework to acquire 100 percent of Global Impex Inc from ConnectM Technology Solutions, Inc, a US-based modern energy economy company.

Sigma Advanced Systems

The company has secured fresh orders worth about Rs 100 crore from the Ministry of Defence and associated defence PSUs.

The contracts relate to ongoing strategic programmes across missile systems, naval platforms, and airborne applications, under which Sigma will supply built-to-spec systems, control electronics, and actuation solutions.

RBL Bank

The Reserve Bank of India (RBI) has approved the reappointment of Chandan Sinha as Non-Executive (Part-time) Chairman of RBL Bank for a second term, with effect from May 21, 2026, to May 20, 2029.

Bulk Deals

Edelweiss Financial Services

Rashesh Chandrakant Shah has acquired 1 crore equity shares (equivalent to 1.05 percent of paid-up equity) in Edelweiss Financial Services for Rs 118 crore from Venkatchalam Arakoni Ramaswamy.

Both promoters and founders exchanged the above-mentioned shares at a price of Rs 118 per share.

Dudigital Global

Radiant Global Fund – Class B Participating Shares has acquired 7 lakh shares (0.97 percent stake) in Ashish Kacholia-backed Dudigital Global, a visa processing services provider, from Legends Global Opportunities (Singapore) for Rs 2.94 crore. The shares were exchanged at Rs 42 per share.

Legends Global Opportunities (Singapore) held a 4.43 percent stake in Dudigital Global as of September 2025.

SME Listing

Fractal Industries

Stock Trades Ex-Dividend

AK Capital Services

Stocks Trade Ex-Date for Rights

Hilton Metal Forging
Padam Cotton Yarns

Stock in F&amp;amp;O ban

SAIL

Stock Out of F&amp;amp;O ban

Sammaan Capital

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Promoters exchange 1% shares in Edelweiss Financial Services, Radiant Global Fund buys 1% stake in Ashish Kacholia-backed Dudigital Global, Jasub Property Holdings acquires 2.01% stake in Cohance Lifesciences for Rs 235.62 crore from Jasti Family Trust

* Promoters exchange 1% shares in Edelweiss Financial Services
* Radiant Global Fund buys 1% stake in Ashish Kacholia-backed Dudigital Global
* Jasub Property Holdings acquires 2.01% stake in Cohance Lifesciences for Rs 235.62 crore from Jasti Family Trust

shorts/business/promoters-exchange-1-shares-in-edelweiss-financial-radiant-global-fund-buys-1-stake-in-ashish-kacholia-backed-dudigital-global

* Promoters exchange 1% shares in Edelweiss Financial Services
* Radiant Global Fund buys 1% stake in Ashish Kacholia-backed Dudigital Global
* Jasub Property Holdings acquires 2.01% stake in Cohance Lifesciences for Rs 235.62 crore from Jasti Family Trust

Promoters have exchanged 1.05 percent shares in Edelweiss Financial Services, while Radiant Global Fund has acquired nearly 1 percent stake in Dudigital Global from Legends Global Opportunities via open market transactions on February 23.

<a href="https://www.moneycontrol.com/india/stockpricequote/finance-general/edelweissfinancialservices/EC01">Edelweiss Financial Services</a> shares finished the session higher at Rs 123.18 on the NSE, up 1.72 percent, while <a href="https://www.moneycontrol.com/india/stockpricequote/it-servicesconsulting/dudigitalglobal/DDT">Dudigital Global</a> stock maintained its upward journey for ninth consecutive session, rising 5.01 percent to Rs 42.95.

As per the bulk and block deals data available on the exchanges, Rashesh Chandrakant Shah has acquired 1 crore equity shares (equivalent to 1.05 percent of paid-up equity) in Edelweiss Financial Services for Rs 118 crore from Venkatchalam Arakoni Ramaswamy.

Both promoters and founders exchanged the above-mentioned shares at a price of Rs 118 per share.

Meanwhile, Radiant Global Fund-Class B Participating Shares have bought 7 lakh shares (0.97 percent stake) in ace investor Ashish Kacholia-backed Dudigital Global, the visa processing services provider, from Legends Global Opportunities (Singapore) for Rs 2.94 crore. They exchanged shares at Rs 42 per share.

Legends Global Opportunities (Singapore) was holding 4.43 percent stake in Dudigital Global as of September 2025.

<a href="https://www.moneycontrol.com/india/stockpricequote/pharmaceuticalsdrugs/cohancelifesciences/SP19">Cohance Lifesciences</a> also saw exchange of shares between the entities related to Jasti family, the old promoters of Suven Pharma which was merged with Cohance Lifesciences after acquisition by Advent International.

Jasub Property Holdings LLP has acquired 77 lakh shares (2.01 percent stake) in the Advent International-backed company for Rs 235.62 crore from Jasti Family Trust at Rs 306 per share.

Last week, on February 18, these entities had exchanged 1.82 percent stake in pharma company Cohance Lifesciences. As of December 2025, Jasti Property and Equity Holdings, the sole trustee of the Jasti Family Trust which owns Suven Life Sciences, held 6.41 percent stake in Cohance Lifesciences.

Cohance Lifesciences shares rose 2.85 percent to Rs 314.1 amid high volumes on the NSE.

The exchange of shares was also seen in <a href="https://www.moneycontrol.com/india/stockpricequote/paintsvarnishes/asianpaints/AP31">Asian Paints</a>, and <a href="https://www.moneycontrol.com/india/stockpricequote/mediaentertainment/network18mediainvestments/NMI">Network 18 Media &amp; Investments</a>.

Upnishad Holdings has bought 3.25 lakh shares in Asian Paints from Smiti Holding and Trading Company at Rs 2,410 per share, valued at Rs 78.3 crore. Both are promoter entities of the paint company.

In Network 18 Media &amp; Investments, Nexg Ventures India has acquired 71 lakh shares (0.46 percent stake) for Rs 25.2 crore from Arizona Globalservices. The transaction price was Rs 35.5 per share.

Nexg Ventures India was holding 3.02 percent stake in Network 18 Media, while Arizona Globalservices held 2 percent shares, as of December 2025.

<img class="alignnone size-full wp-image-13840438 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2026/02/20260223235822_Image2523022026.jpg" alt="Image2523022026" width="700" height="1404" />

Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Promoters exchange 1% shares in Edelweiss Financial; Radiant Global Fund buys 1% stake in Ashish Kacholia-backed Dudigital Global

Promoters have exchanged 1.05 percent shares in Edelweiss Financial Services, while Radiant Global Fund has acquired nearly 1 percent stake in Dudigital Global from Legends Global Opportunities via open market transactions on February 23.

Edelweiss Financial Services shares finished the session higher at Rs 123.18 on the NSE, up 1.72 percent, while Dudigital Global stock maintained its upward journey for ninth consecutive session, rising 5.01 percent to Rs 42.95.

As per the bulk and block deals data available on the exchanges, Rashesh Chandrakant Shah has acquired 1 crore equity shares (equivalent to 1.05 percent of paid-up equity) in Edelweiss Financial Services for Rs 118 crore from Venkatchalam Arakoni Ramaswamy.

Both promoters and founders exchanged the above-mentioned shares at a price of Rs 118 per share.

Meanwhile, Radiant Global Fund-Class B Participating Shares have bought 7 lakh shares (0.97 percent stake) in ace investor Ashish Kacholia-backed Dudigital Global, the visa processing services provider, from Legends Global Opportunities (Singapore) for Rs 2.94 crore. They exchanged shares at Rs 42 per share.

Legends Global Opportunities (Singapore) was holding 4.43 percent stake in Dudigital Global as of September 2025.

Cohance Lifesciences also saw exchange of shares between the entities related to Jasti family, the old promoters of Suven Pharma which was merged with Cohance Lifesciences after acquisition by Advent International.

Jasub Property Holdings LLP has acquired 77 lakh shares (2.01 percent stake) in the Advent International-backed company for Rs 235.62 crore from Jasti Family Trust at Rs 306 per share.

Last week, on February 18, these entities had exchanged 1.82 percent stake in pharma company Cohance Lifesciences. As of December 2025, Jasti Property and Equity Holdings, the sole trustee of the Jasti Family Trust which owns Suven Life Sciences, held 6.41 percent stake in Cohance Lifesciences.

Cohance Lifesciences shares rose 2.85 percent to Rs 314.1 amid high volumes on the NSE.

The exchange of shares was also seen in Asian Paints, and Network 18 Media &amp;amp; Investments.

Upnishad Holdings has bought 3.25 lakh shares in Asian Paints from Smiti Holding and Trading Company at Rs 2,410 per share, valued at Rs 78.3 crore. Both are promoter entities of the paint company.

In Network 18 Media &amp;amp; Investments, Nexg Ventures India has acquired 71 lakh shares (0.46 percent stake) for Rs 25.2 crore from Arizona Globalservices. The transaction price was Rs 35.5 per share.

Nexg Ventures India was holding 3.02 percent stake in Network 18 Media, while Arizona Globalservices held 2 percent shares, as of December 2025.



Disclaimer: MoneyControl is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Dixon Technologies shares drop 3% after Morgan Stanley note., Morgan Stanley kept 'Underweight' rating, target at Rs 8,157., DRAM price hike may affect India's budget smartphone market.

* Dixon Technologies shares drop 3% after Morgan Stanley note.
* Morgan Stanley kept 'Underweight' rating, target at Rs 8,157.
* DRAM price hike may affect India's budget smartphone market.

Dixon Technologies shares fell over 3% after Morgan Stanley kept an ‘Underweight’ rating, citing rising DRAM prices and muted demand. CLSA also downgraded the stock. Kaynes Technology and PG Electroplast shares declined amid industry cost concerns.

shorts/business/dixon-tech-shares-fall-over-3-as-morgan-stanley-maintains-underweight-rating-pg-electroplast-kaynes-see-rub-off-effect

* Dixon Technologies shares drop 3% after Morgan Stanley note.
* Morgan Stanley kept 'Underweight' rating, target at Rs 8,157.
* DRAM price hike may affect India's budget smartphone market.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/electricals/dixontechnologies/DT07">Dixon Technologies (India)</a> fell more than 3 percent on Friday after Morgan Stanley maintained an ‘Underweight’ rating on the stock.

The stock declined to an intraday low of Rs 10,645 per share on the NSE. It has fallen for five consecutive sessions and is down more than 9 percent during the period.

Morgan Stanley retained its ‘Underweight’ stance with a price target of Rs 8,157 per share.

The brokerage’s cautious view comes amid a sharp rise in Dynamic Random Access Memory (DRAM) prices. DRAM spot prices as of February 13, 2026 were up 6.8 times year-on-year, reported CNBC-TV18.

Average mobile DRAM prices in the ongoing first quarter of calendar year 2026 for LPDDR4 and LPDDR5 have increased 55 percent and 64 percent quarter-on-quarter, respectively.

According to TrendForce, mobile DRAM prices are expected to rise 88-93 percent in Q1CY26 and a further 20-25 percent in Q2CY26, CNBC-TV18 report added.

Morgan Stanley said nearly 75 percent of India’s smartphone market is priced below USD 300, making it sensitive to component cost inflation. It added that higher DRAM prices could pose an incremental headwind for an industry already witnessing muted demand trends.

Last week, CLSA downgraded the stock to ‘Hold’ from ‘Outperform’ and cut its price target by 23 percent to Rs 12,100 from Rs 15,800 earlier. CLSA said the memory industry is entering a super cycle, driven by AI-led demand for high-bandwidth memory and DDR5, while supply of mainstream memory remains tight.

Meanwhile, shares of <a href="https://www.moneycontrol.com/india/stockpricequote/electronics-components/kaynestechnologyindia/KTI">Kaynes Technology India</a> Ltd and PG Electroplast Ltd also declined.

Kaynes Technology India fell 1.15 percent to Rs 3,826.20 per share on the NSE, while PG Electroplast was down 1.64 percent at Rs 604.15 per share.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

A financial journalist with over 10 years of experience, specialising in tracking stock market movements and fundamental developments that impact investors and the broader economy. A keen observer of global financial markets, I regularly engage with leading market voices to write stories. At Moneycontrol, I focus on decoding market trends, policy shifts and economic changes, driven by a constant passion to learn, analyse, and share knowledge with my readers.

Dixon Tech shares fall over 3% as Morgan Stanley maintains 'Underweight' rating; PG Electroplast, Kaynes see rub-off effect

Shares of Dixon Technologies (India) fell more than 3 percent on Friday after Morgan Stanley maintained an ‘Underweight’ rating on the stock.

The stock declined to an intraday low of Rs 10,645 per share on the NSE. It has fallen for five consecutive sessions and is down more than 9 percent during the period.

Morgan Stanley retained its ‘Underweight’ stance with a price target of Rs 8,157 per share.

The brokerage’s cautious view comes amid a sharp rise in Dynamic Random Access Memory (DRAM) prices. DRAM spot prices as of February 13, 2026 were up 6.8 times year-on-year, reported CNBC-TV18.

Average mobile DRAM prices in the ongoing first quarter of calendar year 2026 for LPDDR4 and LPDDR5 have increased 55 percent and 64 percent quarter-on-quarter, respectively.

According to TrendForce, mobile DRAM prices are expected to rise 88-93 percent in Q1CY26 and a further 20-25 percent in Q2CY26, CNBC-TV18 report added.

Morgan Stanley said nearly 75 percent of India’s smartphone market is priced below USD 300, making it sensitive to component cost inflation. It added that higher DRAM prices could pose an incremental headwind for an industry already witnessing muted demand trends.

Last week, CLSA downgraded the stock to ‘Hold’ from ‘Outperform’ and cut its price target by 23 percent to Rs 12,100 from Rs 15,800 earlier. CLSA said the memory industry is entering a super cycle, driven by AI-led demand for high-bandwidth memory and DDR5, while supply of mainstream memory remains tight.

Meanwhile, shares of Kaynes Technology India Ltd and PG Electroplast Ltd also declined.

Kaynes Technology India fell 1.15 percent to Rs 3,826.20 per share on the NSE, while PG Electroplast was down 1.64 percent at Rs 604.15 per share.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Pine Labs shares rose more than 3 percent on Monday after the fintech firm said it had secured multi-year contracts from three state-run oil marketing companies.

Shares of <a href="https://www.moneycontrol.com/india/stockpricequote/finance-others/pinelabs/PLL01">Pine Labs</a> were trading at Rs 208.72 per share on the National Stock Exchange (NSE), up 3.31 percent.

The stock gained after the company announced that it had won multiple contracts from Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited and Indian Oil Corporation Limited.

Under the agreements, Pine Labs will deploy, manage and maintain digital payments infrastructure at petrol pumps and merchant outlets across the country. The contracts are multi-year in nature and relate to payment acceptance and transaction processing at the point of sale.

The company said the contracts would involve the deployment and maintenance of nearly 1.3 lakh digital payment acceptance devices across India.

For Indian Oil Corporation, Pine Labs will also manage the XTRAPOWER loyalty rewards platform used by fleet operators. The platform supports fuel management, fleet analytics, trip management and secure chip-and-PIN digital payment transactions, including card, mobile and RFID payments, the company said in an exchange filing.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Pine Labs shares rise 3.5% as firm awarded multi-year contracts by three OMCs

Pine Labs shares rose more than 3 percent on Monday after the fintech firm said it had secured multi-year contracts from three state-run oil marketing companies.

Shares of Pine Labs were trading at Rs 208.72 per share on the National Stock Exchange (NSE), up 3.31 percent.

The stock gained after the company announced that it had won multiple contracts from Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited and Indian Oil Corporation Limited.

Under the agreements, Pine Labs will deploy, manage and maintain digital payments infrastructure at petrol pumps and merchant outlets across the country. The contracts are multi-year in nature and relate to payment acceptance and transaction processing at the point of sale.

The company said the contracts would involve the deployment and maintenance of nearly 1.3 lakh digital payment acceptance devices across India.

For Indian Oil Corporation, Pine Labs will also manage the XTRAPOWER loyalty rewards platform used by fleet operators. The platform supports fuel management, fleet analytics, trip management and secure chip-and-PIN digital payment transactions, including card, mobile and RFID payments, the company said in an exchange filing.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Dixon Tech shares fall over 3% as Morgan Stanley maintains 'Underweight' rating; PG Electroplast, Kaynes see rub-off effect

Pine Labs shares rise 3.5% as firm awarded multi-year contracts by three OMCs

Computer Peripherals Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Computer Peripherals industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

Pace Digitek shares rise 3% on winning order of Rs 158.71 crore

Stocks to Watch Today: Tata Technologies, Torrent Power, MobiKwik, Pace Digitek, Signpost India, Chalet Hotels, Fractal Industries in focus on 24 February

Promoters exchange 1% shares in Edelweiss Financial; Radiant Global Fund buys 1% stake in Ashish Kacholia-backed Dudigital Global

Dixon Tech shares fall over 3% as Morgan Stanley maintains 'Underweight' rating; PG Electroplast, Kaynes see rub-off effect

Pine Labs shares rise 3.5% as firm awarded multi-year contracts by three OMCs

Computer Peripherals Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Computer Peripherals industry stocks.