Stocks to Watch Today: Cipla, NTPC Green, Delta Corp & More

The Indian stock market is buzzing with activity today, with several key stocks in focus due to significant financial updates, acquisitions, and regulatory approvals. Here’s a detailed look at the most notable stocks for February 21, 2025:

Cipla (✅ Positive)

✔ Cipla has received US FDA approval for Nilotinib Capsules, a drug used to treat leukemia.
✔ However, the Navi Mumbai testing facility received two FDA observations, which could impact investor sentiment.

NTPC Green (✅ Positive)

✔ NTPC Green has signed an MoU with Bharat Light & Power to accelerate green energy projects.
✔ The company aims to strengthen its renewable energy portfolio through this collaboration.

RVNL (✅ Positive)

✔ Rail Vikas Nigam Ltd (RVNL) has partnered with HFCL and Aerial Telecom to sign a project implementation agreement with BSNL.
✔ This project aims to enhance telecom infrastructure across India.

HG Infra (✅ Positive)

✔ HG Infra has successfully completed the sale of the Rewari Bypass for ₹133 crore.
✔ This move is expected to enhance its cash flow and strengthen the balance sheet.

Religare Enterprises (✅ Positive)

✔ Burman Group has acquired control of Religare Enterprises, becoming the designated promoter.
✔ The acquisition is seen as a significant development in the financial services sector.

Ceigall India (✅ Positive)

✔ Achieved financial closure worth ₹2,498.5 crore for implementing two major highway projects in Uttar Pradesh.
✔ The project aims to construct 4/6 lane highways in Ayodhya.

ITI Ltd (✅ Positive)

✔ ITI Ltd has received ₹100 crore from the total ₹200 crore from the sale of land to C-Dot.
✔ The company aims to use the proceeds for business expansion and debt reduction.

JM Financial (✅ Positive)

✔ JM Financial will receive a ₹230 crore tax refund for the assessment year 2008-09.
✔ This refund is expected to boost the company’s liquidity and financial stability.

Lemon Tree Hotels (✅ Positive)

✔ Lemon Tree's subsidiary won an ₹11.47 crore arbitration award against Hind Motors.
✔ This ruling supports the company’s ongoing legal efforts and financial claims.

Century Ply (✅ Positive)

✔ Century Ply has incorporated a new subsidiary for manufacturing fittings and fixtures for the furniture industry.
✔ This move aligns with its growth strategy to expand its product offerings.

Sai Life (✅ Positive)

✔ Capital Group has acquired 10.55 lakh shares of Sai Life through block deals.
✔ This investment signals confidence in the company’s future performance.

Stocks Facing Challenges Today

Delta Corp (❌ Negative)

✔ Delta Corp has agreed to sell 51% of Deltatech Gaming (Adda52) to Head Digital (A23 Rummy) for ₹491 crore.
✔ The sale is aimed at streamlining its business but could impact overall revenue.

CIE Automotive (❌ Negative)

✔ Q4CY24 EBITDA fell 8.6% YoY, with margins at 14.2% vs. 14.6% YoY.
✔ The company is facing headwinds due to reduced exports to Europe.

Sanofi Consumer (❌ Negative)

✔ EBITDA dropped 30.4% YoY, with margins shrinking from 40% to 36.5%.
✔ Investors are cautious due to rising cost pressures.

Market Outlook

The stock market is witnessing a mix of positive and negative developments today. While companies like Cipla, NTPC Green, RVNL, Ceigall, and ITI Ltd are showing strong momentum, stocks like Delta Corp, CIE Automotive, and Sanofi Consumer are under pressure.

The Upcoming IPOs in this week and coming weeks are Nukleus Office, Shreenath Paper.

The Current active IPO are Beezaasan Explotech, Swasth Foodtech, HP Telecom India.

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