Today's Market at 08:35am
US Market (Futures)
Nasdaq = +13.5
Dow Jones = +17.1
S&P 500 = +0.8
European (Futures)
Ftse 100 = -42.6
Cac 40 = +7.8
&...
Today's Market at 08:35am
US Market (Futures)
Nasdaq = +13.5
Dow Jones = +17.1
S&P 500 = +0.8
European (Futures)
Ftse 100 = -42.6
Cac 40 = +7.8
Dax = +14.1
Asian
Nikkei 225 = +54
ASX 200 = -17.3
Straits Times = +5.81
Hang Seng = +623.77
Taiwan weighted = +176.27
Kospi = -2.90
China A50 = +122.40
Gift Nifty = 22844.50 (-71)
FII and DII Trading Activity for February 20, 2025 in Cash market:
FIIs: Net Sell of ₹3311.15 crore
DIIs: Net Buy of ₹3907.64 crore
Quarterly Earnings:
CIE Automotive India Q4 (Consolidated YoY)
Profit grew 1.1% to ₹179 crore (vs. ₹177 crore). Revenue declined 5.8% to ₹2,109.95 crore (vs. ₹2,240.4 crore).
Sanofi Consumer Healthcare India Q4 (YoY)
Profit fell 34.8% to ₹44.3 crore (vs. ₹67.9 crore).
Revenue dropped 24% to ₹170.7 crore (vs. ₹224.6 crore).
Stocks to Watch
Berger Paints: NSE to remove from Futures & Options (F&O) segment effective April 25. Existing contracts remain valid.
Amara Raja Energy & Mobility: NSE will not include in F&O segment from February 28 due to eligibility criteria.
Cipla: Received USFDA approval for Nilotinib capsules for treating leukemia; launch expected in FY 2025-26. USFDA inspection of Sitec Labs resulted in two observations.
Delta Corp: Entered into an agreement with Head Digital Works for Deltatech Gaming’s acquisition and merger. Delta Corp will hold a 5.7% stake in Head Digital.
Mahindra & Mahindra: To invest via rights issues:
M&M Financial Services – ₹3,000 crore
Mahindra Lifespace Developers – ₹1,500 crore
Grindwell Norton: Venugopal Shanbhag appointed as MD, effective April 1.
Keystone Realtors: NCLT approved the merger of Key Fortune Realtors with Keystone Realtors.
HG Infra Engineering: Transferred 100% stake in Rewari Bypass to Highways Infrastructure Trust for ₹133 crore.
Tanla Platforms: Karix Mobile incorporated PT Karix Communications Indonesia as a wholly owned subsidiary.
Samvardhana Motherson International: Incorporated Motherson Treasury Strategy in Abu Dhabi Global Market.
ITI: Received ₹100 crore from C-DoT for land sale in Bangalore, total deal worth ₹200 crore.
Kotak Mahindra Bank: Appointed Vyomesh Kapasi as Head of Consumer Bank Products and Shahrukh Todiwala as MD & CEO of Kotak Mahindra Prime.
Thomas Cook: Partnering with Fairfax Digital, LTIMindtree, and Voicing.AI to launch AI-powered travel advisor "Dhruv".
NTPC Green Energy: Signed MoU with Bharat Light & Power for green energy initiatives.
JM Financial: Received ₹230 crore tax refund from the Income Tax department.
Tata Steel: Acquired 191.08 crore shares of T Steel Holdings for $300 million (₹2,603.16 crore).
Narayana Hrudayalaya: Started construction of a 1,100-bed hospital in Kolkata; first phase (350 beds) to begin operations in FY 2028-29.
CDSL & NSDL: Launched unified investor features for democratizing financial data access.
Gamco: Approved a 5:4 bonus share issue.
Ind Swift: Anil Agrawal appointed as COO, effective February 20.
Zen Technologies: Invested $10 million in Zen Technologies USA.
Indian Overseas Bank: SEBI issued a warning for non-compliance with committee meeting requirements.
Rail Vikas Nigam: Signed a project agreement with BSNL alongside HFCL and Aerial Telecom Solutions.
Ganesh Infraworld: Won a ₹129.8 crore water management and civil works contract in Kolkata.
Indef Manufacturing: Debuting on BSE and NSE on February 21.
Religare Enterprises: Burman Group has taken control and is now the designated promoter.
Bulk Deals
Isgec Heavy Engineering
Nippon India Small Cap Fund acquired a 1.13% stake at ₹915 per share, worth ₹76.2 crore. Goldman Sachs India Equity Portfolio exited by selling a 1.4% stake at ₹915.49 per share, worth ₹95.5 crore.
Sai Life Sciences
Small Cap World Fund Inc bought a 0.5% stake at ₹684.87 per share, worth ₹72.27 crore.
Mainboard Listing on February 21
Quality Power Electrical Equipments
SME Listing on February 21
LK Mehta Polymers, Shanmuga Hospital
Stocks Trade Ex-Dividend:
Manappuram Finance, Bombay Burmah Trading Corporation, Cantabil Retail India, Career Point, Firstsource Solutions India, Nippon Electricals, Kirloskar Oil Engines, Meera Industries, Modison Nirlon, Procter & Gamble Health, QGO Finance, Sandesh, SJVN, Veeram Securities, Altius Telecom Infrastructure Trust, Intelligent Supply Chain Infrastructure Trust
Stock Trades Ex-Date for Resolution Plan-Suspension:
Mcnally Bharat Engineering Company
Stock Trades Ex-Date for Rights
Rajath Finance
F&O Ban
Manappuram Finance
Source: Moneycontrol, Investing.com