Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and appointments, here’s a quick look at which stocks will be in focus in today's trade:
Nova Iron & Steel, Vesuvius India, John Cockerill India, and Indrayani Biotech will announce their quarterly earnings today.
Sanofi India Q4 (YoY)
Profit sinks 32.4% to Rs 61.7 crore Vs Rs 91.3 crore
Revenue declines 18.5% to Rs 419.8 crore Vs Rs 514.9 crore
KSB Q4 (Consolidated YoY)
Profit grows 10.8% to Rs 81 crore Vs Rs 73.1 crore
Revenue increases 7.9% to Rs 784 crore Vs Rs 726.4 crore
New labour code impact at Rs 25.5 crore Vs Nil
Sanofi Consumer Healthcare India Q4 (YoY)
Profit soars 50.1% to Rs 66.5 crore Vs Rs 44.3 crore
Revenue surges 47% to Rs 251 crore Vs Rs 170.7 crore
Foseco India Q4 (Consolidated YoY)
Profit drops 35.5% to Rs 12.6 crore Vs Rs 19.5 crore
Revenue spikes 37% to Rs 186.9 crore Vs Rs 136.5 crore
Exceptional loss stands at Rs 16.86 crore Vs Nil
Stocks to Watch
Reliance Enterprise Intelligence (REIL) a step-down wholly owned subsidiary of the company, has allotted 59.66 crore equity shares worth Rs 596.6 crore to Reliance Intelligence, a wholly owned subsidiary of the company, and 25.65 crore equity shares worth Rs 256.6 crore to Facebook Overseas Inc, a wholly owned subsidiary of Meta Platforms, Inc.
After the allotment, Reliance Intelligence holds 70% stake in REIL, and the balance 30% is held by Facebook. Consequently, REIL has ceased to be a step-down wholly owned subsidiary and has become a step-down subsidiary of the company.
Indian Railway Finance Corporation
The Government of India, the promoter, is not exercising the oversubscription option to the extent of 26.13 crore equity shares (2% of paid-up equity) since there is under subscription of 1.18 crore equity shares of the company as on the T Day (February 25).
Hence, accordingly, the total offer size will be base offer size of up to 26.13 crore shares (2 percent equity).
Additionally, the company has signed a loan agreement with the consortium of Sumitomo Mitsui Banking Corporation and MUFG Bank (Gift City branches) in New Delhi for raising External Commercial Borrowing loan of JPY equivalent $400 million.
The company has received order worth Rs 423 crore from domestic pharma company
The Goods & Service Tax Department, Maharashtra on February 25, has initiated Inspection and Search proceedings at the registered office of the company, seeking documents related to payment of GST and claim of input tax credit etc.
Initiation of this inspection and search doesn’t have any impact on the company’s financials, operations or other activities.
MFC Technologies, the joint venture between Computer Age Management Services (CAMS) and KFin Technologies announced key leadership appointments as MF Central transitions into a professionally governed stand-alone entity serving India’s mutual fund ecosystem.
Rajesh Krishnamoorthy has been appointed as Chief Executive Officer, while Supratim Bandyopadhyay will serve as Non-Executive Chairman of the Board.
The Board has declared an interim dividend on equity shares of the company of Rs 2.7 per share for FY26
The company plans to launch Semaglutide injection under the brand names – SEMAGLYNTM, MASHEMATM and ALTERMETM, upon patent expiry in India.
The Drug Controller General of India (DCGI) had earlier provided its approval for manufacturing and marketing Semaglutide injection for the treatment of Type 2 Diabetes Mellitus and Obesity.
In light of recent reports regarding the US countervailing duties on solar imports from India, the company clarified that there is no impact on its business operations.
The company's US subsidiary XTGlobal Inc has bagged order from the Texas Department of Transportation (TxDOT) for Al enablement for engineering services.
The work order is for a six-month program increment commencing March 16 and concluding on September 30, 2026. The maximum amount payable under the work order is US$ 0.79 million (approximately Rs 7.2 crore), payable against defined milestone-based deliverables.
The company has received a Letter of Award (LoA) from Enerparc Energy for the development of a 40.8 MW wind-solar hybrid power project in Gujarat, comprising approximately 20.2 MW of wind capacity and 20.6 MWp of solar capacity.
The company has received LOA from National Mineral Development Corporation (NMDC) for development of township in Kirandul, Chhattisgarh. The project cost is Rs 371.69 crore.
The company through its subsidiary ACME Suryodaya has commissioned the first phase of 19 MW/38 MWh out of 285 MW/600 MWh capacity of battery energy storage system (BESS) project at Jaisalmer, Rajasthan. This project will currently be deployed as a merchant capacity while ACME Solar Holdings retains flexibility to shift to a long term PPA in future.
The commercial operation date for the said Phase–I will be February 27.
The first part capacity of 50 MW out of 200 MW Dayapar Wind Energy Project Phase-II in Gujarat of company's subsidiary NTPC Renewable Energy has been declared on commercial operation.
The current commercial capacity of NTPC Green Energy group stands at 9,151.08 MW. With the addition of this capacity, the total installed capacity of the NTPC Green Energy Group will increase to 9201.08 MW.
Block Deals
Promoter Hari Khemka Business Family Trust sold 17.66 lakh shares (equivalent to 1.5 percent of paid-up equity) in CP Plus, for Rs 260 crore. The price at which promoter sold its stake in the company was Rs 1,471.3 per share.
Promoter Rishi Khemka also offloaded 0.5 percent shares through open market route.
Further, investor Dixon Technologies, which has 6.22 percent stake as of December 2025, offloaded 44.95 lakh shares (3.8 percent stake) in the company to 12 investors for Rs 660.89 crore. The transaction price was Rs 1,470 per share.
Motilal Oswal Mutual Fund, Kotak Mahindra Mutual Fund, TNTBC as the Trustee of Nomura India Stock Mother Fund, Axis Mutual Fund, HDFC Life Insurance Company, 360 ONE Mutual Fund, WhiteOak Capital MF, Abu Dhabi Investment Authority Stable, Kedaara Capital Public Markets Fund I, Invesco Mutual Fund, Ashoka WhiteOak India Opportunities Fund, and Employees Provident Fund Board acquired 3.8% shares in Aditya Infotech.
Stock Trades Ex-Dividend
Stratmont Industries
Stock Trades Ex-Date for Split
Angel One
Stock in F&O ban
Sammaan Capital
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