By Soumya Ranjan Tata Group, Waaree, RVNL and Hexaware, here are the stocks to watch for Wednesday’s trading session.
Tata Group stocks
Following Tuesday’s board meeting, Tata Sons postponed deciding whether to prolong Chairman Natarajan Chandrasekaran’s term. The topic will now be discussed in June, sources informed CNBC-TV18. According to sources, Noel Tata requested that specific requirements be attached to the reappointment, pointing to losses in particular group companies. The debate was postponed since no agreement could be reached. As previously agreed, Chandrasekaran will serve as Chairman until February 2027.
Waaree Energies Ltd
According to the firm, Solar Energy Corporation of India Limited has granted a Letter of Award to Waaree Forever Energies Private Ltd, a fully owned subsidiary, for a 300 MW wind power project in Dwarka, Gujarat. A 25-year Power Purchase Agreement is included with the one-time domestic order, starting on the planned start date of supply.
HG Infra Engineering Ltd
The National Highways Authority of India has named the business the L1 bidder for the HAM-administered, six-lane, access-controlled Capital Region Ring Road (Package-III) project in Odisha. The 40.33-kilometer project is expected to be finished in 910 days and has an estimated cost of ₹1,827.33 crore, with HG Infra’s bid being ₹1,582.11 crore (without GST).
Rail Vikas Nigam Ltd
RVNL has obtained a ₹270.22 crore contract from Central Railway for laying up a 220/132/55 KV traction substation and associated works along the Daund–Solapur section under EPC mode, aiming at reaching a 3,000 MT loading objective, the company said in a filing.
5paisa Capital Ltd
Through a rights issue of fully paid-up equity shares, the business has authorized raising up to ₹475 crore. Subject to regulatory approvals and SEBI ICDR standards, the issuance, which consists of shares with a face value of ₹10 apiece, would be made available to qualified shareholders on a record date to be announced later.
Hexaware Technologies Ltd
In order to provide organizations with AI-enabled software development lifecycle solutions, the company has extended its partnership with Amazon Web Services. In order to assist clients in accelerating cloud adoption, modernizing applications, and more effectively transitioning from prototype to production-ready code, the company will merge its RapidX platform with Kiro, an agentic IDE.
Read: Stocks to Watch for February 25: PowerGrid, Dr Reddy’s Labs, Hindalco Schaeffler India and more
Disclaimer: This narrative is solely intended for educational reasons. The opinions and suggestions expressed above are not those of the Times of Dalal Street, but rather those of specific analysts or broking firms. Before making any financial decisions, we suggest investors to consult with qualified specialists.
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