Global Market Futures (as of 06:45 AM IST)
US Market (Futures)
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Nasdaq: +0.19%
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Dow Jones: +0.07%
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S&P 500: +0.11%
European (Futures)
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Ftse 100: +0.00%
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Cac 40: +0.11%
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Dax : +0.09%
Asian (Live Markets)
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KOSPI: +1.08%
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NIKKEI 225: +1.12%
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ASX 200: +0.94%
Gift Nifty: 25660.00 (-0.02%)
FII and DII Trading Activity February 24, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹102.53 crores
DIIs: Net Buy of ₹3,161.22 crores
Commodity Market Updates:
International commodity markets are trading broadly higher with notable strength across metals and energy. Gold is around $5,183 per ounce (XAU/USD ~5,165), up modestly as investors seek safe-haven exposure. Silver is trading near $87.99, gaining over 0.5%, while Copper sits around $5.98, supported by steady industrial demand. In energy markets, Crude Oil WTI is near $66.22 a barrel, up about 0.9%, and Brent is at approximately $71.20, climbing on supply optimism. Natural Gas is trading around $2.846, posting a mild uptick. Overall, most major commodities are posting gains, reflecting constructive demand signals and cautious risk sentiment in global markets.
Results Today
KSB, Sanofi India, Sanofi Consumer Healthcare India, AJC Jewel Manufacturers, Foseco India, Subam Papers, Supha Pharmachem, and Vasudhagama Enterprises will release their quarterly earnings today.
Quarterly Earnings Update:
Schaeffler India Q4-2025 (Consolidated YoY)
Profit surges 35.9% to Rs 322.4 crore Vs Rs 237.3 crore. Revenue grows 27.5% to Rs 2,724.2 crore Vs Rs 2,136 crore. Board recommends a dividend of Rs 35 per share for 2025.
Elantas Beck India Q4-2025 (YoY)
Profit soars 32.4% to Rs 39.4 crore Vs Rs 29.7 crore. Revenue increases 9.3% to Rs 215.2 crore Vs Rs 197 crore
DIC India Q4-2025 (YoY)
Profit falls 36.3% to Rs 4.6 crore Vs Rs 7.1 crore. Revenue grows 5.8% to Rs 231.9 crore Vs Rs 219.2 crore
Key Corporate Updates:
Positive:
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Biocon: Receives U.S. FDA approval for Liraglutide for weight management in the United States, strengthening its global GLP-1 portfolio and enhancing revenue visibility in the high-growth obesity segment.
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Lupin: Secures U.S. FDA approval for Brivaracetam oral solution, expanding its CNS product pipeline and deepening presence in the U.S. generics market.
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HG Infra Engineering Ltd: Declared L-1 bidder by NHAI for a ₹15.82 billion road project, supporting order book growth and medium-term revenue pipeline visibility.
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Waaree Energies Ltd: Receives Letter of Award for a 300 MW wind power project in Gujarat, reinforcing its renewable energy portfolio and execution pipeline.
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Rail Vikas Nigam Ltd: Receives LOA from Central Railway for a ₹2.70 billion project, strengthening infrastructure order inflows and execution outlook.
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Power Grid Corporation of India: Successfully commissions Powergrid Narela Transmission project, enhancing grid reliability and asset monetization prospects.
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Himadri Speciality Chemical Ltd: Commences commercial operations of a 70,000 MTPA carbon black line, expanding capacity and supporting demand from tyre and specialty segments.
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Dr. Reddy's Laboratories: SEC concludes investigation with no enforcement action, removing regulatory uncertainty and strengthening compliance credibility.
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Zee Media Corporation Ltd: Tax demand of ₹11.1 million dropped, reducing contingent liabilities and improving financial clarity.
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United Polyfab Gujarat Ltd: Ahmedabad manufacturing operations fully restored, normalizing production and revenue flow.
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Samhi Hotels Ltd: Signs operating agreements with Marriott for two Navi Mumbai hotels and advances 235-room Bengaluru project with KIADB layout approval, supporting expansion strategy.
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Hindalco Industries Ltd: Novelis enters $200 million subscription agreement with AV Minerals, reinforcing capital structure and supporting downstream growth initiatives.
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Hexaware Technologies Ltd: Expands collaboration with AWS for AI-enabled SDLC transformation, enhancing digital engineering capabilities.
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Infosys Ltd: Partners with CSX and Microsoft to modernize data platforms, strengthening enterprise digital transformation credentials.
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Vraj Iron and Steel Ltd: Approves ₹350 million capex for a rolling mill at Bilaspur plant, enhancing value-added steel capacity.
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Meta Infotech Ltd: Receives renewal order worth ₹24.6 million, ensuring revenue continuity and client retention.
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Essex Marine Ltd: Commences own cold chain logistics operations, diversifying service portfolio and strengthening integrated logistics capabilities.
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DIC India Ltd: Reports quarterly revenue of ₹2.32 billion and profit of ₹45.6 million; declares ₹3 dividend per share and announces board updates.
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Negative:
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ABB India Ltd: Receives penalty order of ₹80.1 million, potentially impacting near-term earnings.
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3M India Ltd: Signs APA with CBDT and records tax expense of ₹1.71 billion, resulting in a one-time financial impact.
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A2Z Infra Engineering Ltd: Enters one-time settlement with Indian Bank, settling ₹1.42 billion debt for ₹500 million, reflecting stress resolution through discounted settlement.
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Bombay Wire Ropes Ltd: Sells office premises for ₹51.5 million, indicating asset monetization.
Neutral / Others
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Indian Railway Finance Corporation: Government announces OFS with floor price of ₹104 per share; 2% equity divestment with 2% greenshoe option; retail and non-retail windows scheduled, reflecting ongoing disinvestment strategy.
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Healthcare Global Enterprises Ltd: Approves ₹4.25 billion rights issue at ₹512 per share (1:17 ratio) and announces board updates, aimed at strengthening balance sheet.
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5Paisa Capital Ltd: Proposes rights issue up to ₹4.75 billion to support capital adequacy and business expansion.
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EMS Ltd: Board to consider equity fundraising, indicating potential capital raising initiative.
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Persistent Systems Ltd: Clarifies no imminent transaction requiring disclosure while continuing to evaluate inorganic growth opportunities.
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Pidilite Industries Ltd: Forms JV in Tanzania (Pidilite Insignia) with 55% stake via subsidiary, expanding African footprint.
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Adani Ports and Special Economic Zone Ltd: Incorporates subsidiary Astro Offshore ME, strengthening offshore services presence.
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WeWork India Management Ltd: Enters agreement for capacity addition in Pune requiring ~₹360 million investment.
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Onix Solar Energy Ltd: Clarifies no operational or financial impact from alleged fraudulent bank guarantee reports and confirms not named in FIR.
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Mangalam Worldwide Ltd: Approves issuance of NCDs up to ₹1 billion for funding requirements.
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WAA Solar Ltd: Announces CFO transition with appointment of new CFO and KMP.
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Rita Finance and Leasing Ltd: Announces resignation of CFO.
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Sangam Health Care Products Ltd: Approves appointment of new CFO.
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Capillary Technologies India Ltd: To invest $20 million base consideration to acquire 100% stake in SessionM Inc via subsidiary, supporting global expansion strategy.
Non-Corporate, Unlisted & Foreign / Macro
1) WTO / Global Trade: U.S. appeals WTO panel ruling in China-initiated dispute; WTO to review India’s EV and battery measures; U.S. appeals tax credit ruling, indicating continued trade friction.
2) India Trade Policy: India-U.S. trade talks to resume upon tariff clarity; India open to calibrated approach for Chinese investments; aims to conclude GCC FTA within a year and initiate FTA talks with Canada during PM visit.
3) India DGCA: Announces stringent safety mandates including enhanced audits, mandatory disclosures, safety rankings, stricter penalties, and leadership accountability for non-scheduled operators under zero-tolerance safety framework.
4) Canada-Russia Measures: Canada sanctions 100 Russian vessels, lowers Russian crude price cap to $44.10 per barrel, and extends Ukraine military training mission to 2029.
5) Commodities - Venezuela: Venezuelan crude exports to India expected to expand with larger cargoes from March, potentially easing sourcing dynamics.
6) India Government (Exports): Permits export of 2.5 million tonnes of wheat and additional 0.5 million tonnes wheat flour/products, supporting agri trade flows.
7) Fixed Income Market: India’s 10-year benchmark bond yield declines to 6.6812% from 6.697%, indicating softer yield environment.
8) Diplomacy: PM Modi scheduled to visit Israel on Feb 25-26, reinforcing strategic bilateral engagement.
Bulk Deals:
Embassy Office Parks REIT
PPFAS Mutual Fund acquired 5.6 crore units of Embassy Office Parks REIT at ₹420 per unit, investing ₹2,364.4 crore. Meanwhile, Capital Income Builder, American Funds, and Small Cap World Fund sold about 5.5% of units for ₹2,199.7 crore at the same price.
R&B Denims
Pine Oak Global Fund has acquired 8.28 lakh shares in the Surat-based textile company for Rs 16.4 crore. The purchase price was Rs 198.6 per share.
IPO Listing Today
SME Listing
Yashhtej Industries (India)
On-going IPO:
Last Date 25-Feb
Shree Ram Twistex Ltd
Clean Max Enviro Energy Solutions Ltd
Mobilise App Lab Ltd (NSE SME)
Kiaasa Retail Ltd (BSE SME)
Accord Transformer & Switchgear Ltd (BSE SME)
Last Date 26-Feb
PNGS Reva Diamond Jewellery Ltd
Last Date 27-Feb
Omnitech Engineering Ltd
Yaap Digital Ltd (NSE SME)
Last Date 04-Mar
IIFL Finance Ltd (Debt)
Upcoming IPO:
(26-Feb to 02-Mar)
Striders Impex Ltd (NSE SME)
Securities Trading Ex-Dividend on February 25, 2026
NBCC (India) Ltd
Securities Trading Ex-Right Issue on February 25, 2026
Bhandari Hosiery Exports Ltd.
Securities Trading Ex-Stock Split on February 25, 2026
Fynx Capital Ltd (From Rs.10 to Re.1)
Securities Under F&O Ban on February 25, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
