Top stocks to watch today, Feb 17: Cochin Shipyard, Lupin, Alkem Laboratories, Texmaco Rail and more
Indian equity markets are expected to track stock-specific developments on February 17, with several companies announcing order wins, partnerships, stake changes, and regulatory updates. Here is a detailed look at the key stocks likely to remain in focus.
Stocks to Watch Today, February 17
Cochin Shipyard Limited: Declared L1 bidder for a Ministry of Defence project valued at approximately ₹5,000 crore.
Embassy Developments Ltd: Received RERA approval for its residential project in Alibaug.
Lupin Limited: Signed a licence and supply agreement with Spektus Pharma to commercialise DeslaFlex™ in Canada.
Delhivery Limited: Announced a strategic partnership with electric mobility startup RIDEV for deployment of electric vehicles.
TVS Supply Chain Solutions: Signed an MoU with Italy-based ALA Group.
Panorama Studios International: Signed an MoU with Ada 360 Degree LLP for theatrical rights of the Hindi film “Shatak”.
Highway Infrastructure Ltd: Secured a ₹154.60 crore toll contract from NHAI.
Piramal Finance: Upgraded by S&P Global.
Indus Towers Limited: Bharti Airtel purchased 4.5 crore shares since February 5.
Texmaco Rail & Engineering Ltd: Received an order worth ₹219.18 crore from Mumbai Railway Vikas Corporation.
HFCL Limited: Secured purchase orders worth ₹60.95 crore for optical fibre cables.
SEAMEC Limited: Chartered vessel “SEAMEC Princess” to Supreme Offshore Construction under a contract valued at approximately $460,000.
Engineers India Limited: Bofa Securities Europe SA acquired 45.97 lakh shares at ₹217 per share.
NCC Limited: AVSR Holdings bought 3.15 lakh shares.
Polycab India Limited: Appointed Gyan Pandey as Executive President & Chief Digital & Information Officer effective February 16.
BLS E-Services Limited: Acquired Atyati Technologies for ₹154 crore.
JSW Infrastructure Limited: To consider fund raising via QIP on February 20.
Reliance Industries Limited: Reliance Consumer Products entered into a definitive agreement to form a majority-owned joint venture with Nigeria’s TGI Group.
DCM Nouvelle Limited: Shareholders approved appointment of Deepak Sood and Rajinder Khanna as Independent Directors.
REC Limited: Incorporated Vizag Power Transmission Limited as a wholly owned subsidiary.
Alkem Laboratories Limited: Subsidiary Enzene Biosciences received six USFDA observations with no data integrity issues reported.
Adani Enterprises Limited: Subsidiary ACX incorporated Navi Mumbai Power Transmission.
TIL Limited: Completed acquisition of a 60% stake in Tulip Compression.
Jindal Steel & Power Limited: Arm Skyhigh Sustainable to acquire 4.87% voting rights in the company.
NTPC Limited: Commissioned an additional 5 MW at its Bhilai Solar Project, taking total commercial capacity to 86,729 MW.
Kwality Wall’s: LIC acquired a 6.63% stake.
Shriram Properties Limited: Rajesh Yashwant Shirwatkar resigned as Deputy CFO.
Zota Health Care Limited: Acquired an additional 21.8% stake in Everyday Herbal Beauty Care for ₹19.5 crore.
VA Tech Wabag Limited: Incorporated a new subsidiary, Ghaziabad Bioenergy, as a joint venture entity.
Adani Ports and Special Economic Zone Limited: Incorporated 12 wholly owned subsidiaries.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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