Which stocks can see action today?
Know the main points and gist of the news at a glance
New Delhi. A strong start is expected in the stock market on Monday, the first day of the trading week. In fact, the US Supreme Court ruled that the global tariffs imposed by President Donald Trump are illegal. In a 6:3 decision, the Court held that the International Emergency Economic Powers Act (IEEPA) does not give the President the authority to impose tariffs. This decision is being considered a positive sign for the stock market. Around 7:30 am, Gift Nifty Today is at 25,744.50 with a gain of 178.50 points or 0.70 percent. Let us know which stocks can see action today.
Q3 Results Today: BF Utilities, PVP Ventures, Stovek Industries and Come-on Communication will release their quarterly results today.
UPL - The Board has approved the Group Reorganization Plan through a Composite Scheme of Arrangement with the objective of unlocking value for its shareholders by creating an independent and focused crop protection platform.
Cipla – US Food and Drug Administration (USFDA) has approved Pharmathane International S.A. The ongoing Good Manufacturing Practices (cGMP) inspection at the Rodopi, Greece manufacturing facility of Cipla USA Inc. (a wholly owned subsidiary of Cipla, a supply partner of Lanreotide Injection) has been classified as Official Action Indicated (OAI).
Vikram Solar – The company has entered into a Strategic Domestic Cell Procurement Agreement with Jupiter International to purchase high-efficiency TOPCon solar cells and high-efficiency mono PERC solar cells, totaling 2 GW of ALMM-compliant crystalline solar cells. The size of the agreement is Rs 2,000 crore.
RailTel Corporation of India - This company, working in collaboration with Ashoka Buildcon, has received Letter of Intent (LoI) from the Inspector General of Registration (IGR). This contract worth Rs 1,136.18 crore includes selection of an MSP for the modernization of the office of IGR and Controller of Stamps under the Government of Maharashtra.
Highway Infrastructure - The company has entered into a contract agreement worth Rs 154.59 crore for operation and collection of user fees at Moti Naroli Fee Plaza in Gujarat.
Bharti Airtel – The company, in partnership with Zscaler Inc (a leader in cloud security), announced the launch of AI and Cyber Threat Research Center – India, which will enhance the country's cyber resilience, protect sectors, industries and assets, and accelerate the adoption of trusted AI.
Allcargo Terminals – The company's volumes totaled 63,400 TEUs in January, up 8 percent year-on-year, but down 5 percent month-on-month.
IDFC First Bank - The bank has reported unauthorized and fraudulent activities worth Rs 590 crore related to the Haryana Government account in a branch in Chandigarh. The bank has started an investigation, and the suspected employees have been suspended.
Sudarshan Pharma Industries - Goods and Services Tax Department, Mumbai started inspection, search and seizure operation at the company's office on 21 February. The company is in the process of collecting and answering all the questions from the GST department.
JSW Infrastructure - The board approved the issuance of 25 crore shares through QIP, rights issue or other financial instruments.
Aster DM Healthcare - HDFC Mutual Fund has increased its stake in the company to 7% after buying an additional 2.2% stake.
NTPC Green Energy - The company has started commercial operations for 158.4 MW part capacity of its 250 MW solar project in Andhra Pradesh.
HCLTech - The company has completed 100% stake acquisition of its branch, Wobby BV.
Also read - Share Market Outlook: How will be the share market between 23-27 February, know the expert's opinion "You can send your questions related to shares to us at business@jagrannewmedia.com."
(Disclaimer: Information about the stock market is given here, not investment advice. Jagran Business is not giving investment advice. Investing in the stock market is subject to market risks, so please consult a certified investment advisor before investing.)
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