IRFC, IT stocks, RVNL, Waaree Energies, Dr Reddy’s, Tata Group stocks, Voltas, Schaeffler India
Stocks To Watch: The domestic stock market is expected to open in the green on Wednesday, February 25. The GIFT NIFTY futures suggest that the NIFTY50 index will open 81 points higher.
Here is a list of stocks that may remain in focus today.
Waaree Energies, Premier Energies: Shares of solar energy companies such as Waaree Energies, Premier Energies, and Vikram Solar, among others, are expected to be in the spotlight today.
IT stocks: Indian IT stocks are likely to be in focus after US equities advanced on Tuesday, led by gains in Advanced Micro Devices and other software stocks, as investor concerns over artificial intelligence-driven disruption eased.
The S&P 500 rose 0.77% to close at 6,890.07, while the Nasdaq Composite gained 1.04% to settle at 22,863.68. The Dow Jones Industrial Average climbed 370.44 points, or 0.76%, to end at 49,174.50.
Canara Bank: State-owned Canara Bank on Tuesday said it plans to tap the Tier 2 bond market with the launch of a ₹5,000 crore issue to strengthen its capital base and support future growth plans.
The issue is scheduled for February 26 on the Electronic Bidding Platform of the National Stock Exchange, Canara Bank said in a statement.
Canara Bank is set to raise up to ₹5,000 crore through Basel III-compliant Tier 2 bonds, it said.
Aditya Infotech: Shares will be in focus as, according to news reports, the company’s promoters, along with Dixon Technologies, are likely to offload up to a 5.8% stake through a block deal estimated at around ₹1,000 crore.
RVNL: Shares of Rail Vikas Nigam Limited (RVNL) will be in the spotlight on Wednesday, February 25, as the company bagged a ₹270.22 crore EPC order from Central Railway.
In a regulatory filing dated February 24, the Navratna company stated that it received the letter of acceptance (LoA) for the “design, supply, erection, testing and commissioning of 220/132/55 KV Traction Substation, Sectioning Post (SPs) and Sub Sectioning Post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Daund – Solapur Sections of Central Railway, to meet 3000 MT loading target on EPC mode.”
Biocon: Shares will be in focus as the company on Tuesday announced that it has received approval from the U.S. FDA for its complex formulation Liraglutide Injection, 18 mg/3 mL (6 mg/mL) single-patient-use prefilled pens (gSaxenda®).
Liraglutide is a drug-device combination formulation used in the treatment of chronic weight management, indicated as an adjunct to a reduced-calorie diet and increased physical activity.
One97 Communications: One97 Communications, the parent entity that operates the brand Paytm, on Tuesday announced the launch of Paytm Silver, enabling savings in silver through its app starting at ₹20.
Paytm Silver enables disciplined savings in small amounts, supporting gradual accumulation over time while offering flexibility for festivals, milestones, and future financial needs, the company said in a statement.
The company has witnessed strong adoption in Paytm Gold, it said, adding that building on this momentum, the introduction of silver provides another asset for long-term accumulation.
IRFC: The government will divest up to a 4% stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) commencing on Wednesday.
The government has fixed the floor price of ₹104.00 per equity share for the OFS, IRFC said in a regulatory filing.
At ₹104 per unit, the government would be able to garner about ₹5,430 crore by offloading up to a 4% stake in the company under the Ministry of Railways.
“Offer for Sale for Indian Railway Finance Corporation (IRFC) opens tomorrow for non-retail investors. Retail investors can bid on Thursday. The government offers to disinvest 2% equity in the IRFC with an additional 2% as a green shoe option,” Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X.
Schaeffler India: Schaeffler India, the Indian arm of German automotive component supplier, on Tuesday said its standalone net profit rose 32% year-on-year to ₹327.96 crore in the three months ending December.
Schaeffler India had delivered a standalone net profit of ₹249.33 crore in the fourth quarter of 2024, according to a regulatory filing.
Revenue from operations in the quarter under review stood at ₹2,643 crore, up 27% from ₹2,082.31 crore registered in Q4 CY24, the company said in the filing.
Schaeffler India follows the calendar year (January-December) for financial reporting.
Dr Reddy’s: Dr Reddy’s Laboratories on Tuesday said the US Securities and Exchange Commission has not recommended any enforcement action against it on account of an anonymous complaint, which alleged improper payments to healthcare professionals in Ukraine and other countries.
The Hyderabad-based drugmaker had commenced a detailed investigation into an anonymous complaint about allegations of improper payments to healthcare professionals in Ukraine and potentially in other countries, which could constitute a violation of US anti-corruption laws, including the US. Foreign Corrupt Practices Act.
The matter was accordingly disclosed to the US Department of Justice, the US Securities and Exchange Commission (SEC), and the Securities and Exchange Board of India (SEBI).
Tata Group stocks: The board of Tata Sons on Tuesday deferred a decision on the re-appointment of Natarajan Chandrasekaran for a third term as chairman, according to sources, signalling potential differences within the holding company of the coffee-to-cars-and-software conglomerate.
According to a _PTI _report that quoted sources, Noel Tata, the chairman of Tata Trusts, which owns two-thirds of the corporate grouping, set a slew of conditions for the reappointment of Chandrasekaran, which ultimately led to the decision being deferred.
Chandrasekaran’s term ends in February 2027, and the board of Tata Sons was discussing extending the same when a set of conditions was put forth by Noel Tata, sources said.
IndiGo, SpiceJet: Indian airlines are expected to reduce losses to an estimated ₹11,000-₹12,000 crore next fiscal year from a projected ₹17,000-₹18,000 crore this financial year, ratings agency ICRA said on Tuesday, even as it maintained a “stable outlook” for the domestic aviation industry.
ICRA also estimates the domestic air passenger traffic to grow by 6-8% and touch 175-179 million passengers in FY2026-27.
ICRA, in December 2025, had revised its domestic air passenger growth estimates to 0-3% for the current financial year from 4-6% envisaged earlier.
Voltas: Voltas is expecting air conditioner prices to go up by 5-15% this year, owing to an increase in copper prices and the rupee weakening against the dollar, Managing Director Mukundan Menon said on Tuesday.
The country’s leading air-conditioning manufacturer, having a market share of around 18 per cent in the domestic market, expects domestic AC sales to grow by 15-20% in 2026 over last year, which turned out to be exceptionally bad for the entire industry.
In an interaction with PTI, Menon stated that efforts to make AC units more efficient due to the energy label change this year have also played a role in the increase in production costs.
“As there is a requirement for more copper, aluminium, and steel, it leads to a 5-15% increase in the production cost per unit,” Menon noted.
Balkrishna Industries: Off-highway tyre manufacturer Balkrishna Industries Ltd (BKT) on Tuesday announced its entry into the domestic consumer tyre market with the launch of its On-Highway portfolio and said it has committed an investment of ₹3,500 crore to support capacity expansion, advanced R&D capabilities, among others.
As part of the on-highway portfolio, BKT introduced purpose-built tyres for two-wheelers (scooters and motorcycles) and medium and heavy commercial vehicles (M&HCV) to cater to the fast-growing consumer and replacement tyre segments.
The company also said, under Vision 2030, it aims to grow overall revenue to approximately ₹23,000 crore by FY30, with a projected revenue mix of around 70% from off-highway tyres, around 10% from third-party carbon black sales, and the remaining around 20% from on-highway tyre categories.
Power Grid Corporation of India: The Union Cabinet on Tuesday approved a proposal to increase the equity investment threshold of public sector enterprise Powergrid from ₹5,000 crore to ₹7,500 crore per subsidiary to enable it to bid for capital-intensive transmission projects.
The decision was taken by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, at its first meeting at the Prime Minister’s new office, Seva Teerth.
“The CCEA has approved enhanced delegation to Powergrid under the guidelines dated February 4, 2010, of the Department of Public Enterprises (DPE) on delegation of powers applicable to ‘Maharatna’ CPSEs.
Hexaware Technologies: The company has expanded its collaboration with Amazon Web Services (AWS) to deliver AI-enabled software development lifecycle (SDLC) capabilities to enterprises worldwide. This collaboration builds on Hexaware’s Strategic Collaboration Agreement (SCA) with AWS to accelerate cloud adoption, application modernisation, and AI-led transformation.
Capillary Technologies: The company has entered into a definitive agreement to acquire SessionM, the customer engagement and loyalty company, from Mastercard.
Afcons Infrastructure: The company informed exchanges that Société Autoroutière du Gabon (SAG), its private client, has now issued notice of termination for an EPC project worth EUR 113.03 million. Afcons Infra said that the major portions of the project (approx. 93.47% as of December 31, 2025) have been completed and opened to traffic nearly two years ago. Certain balance portions are awaiting land handover.
“The Company believes that the termination by the Client is inconsistent with the contractual terms and applicable law. It continues to pursue its contractual and legal remedies. The dispute is project-specific and does not impact the company’s overall order book, operational capability, or business outlook. The termination is not expected to have any material adverse impact on the company’s ongoing operations or execution of other projects,” Afcons Infra added.
With inputs from PTI
