Top stocks to watch on February 24
Feb 24, 2021
Tata Consumer Products to enter the blue-chip benchmark index Nifty50 for the first time in its history
It will replace GAIL India on the index from March 31
Aurobindo Pharma to acquire a 26 percent stake each in 2 solar power firms
It entered into binding agreements to invest ₹5.38 crore each in Ramannapet I and Ramannapet II Power Plant
NTPC inks pact to buy GAIL's 25.1 percent stake in Ratnagiri Gas and Power
After the transaction is complete, NTPC would have an 86.49 percent stake in the RGPPL
Brazil approves Pfizer COVID-19 vaccine for widespread use
The approval will allow the vaccine to be sold commercially and administered if Brazil strikes a deal to secure it
SBI Cards raises ₹550 crore via non-convertible debentures at a coupon rate of 5.9 percent p.a.
The tenure of the debt instruments is three years, with the date of maturity as February 23, 2024
Sanofi India reports 26.4 percent higher profit at ₹123 crore in the third quarter
The jump in its sales was led by lower material costs and exceptional gains
Shriram Transport Finance approves ₹100 crore fundraising through debt securities
The company issued non-convertible debentures (NCDs) of face value ₹10 lakh each on a private placement basis
Coal India board to consider second interim dividend for FY21 on March 5
The company has fixed March 16, as the record date for the payment of the second interim dividend
Heranba Industries IPO subscribed 85 percent on Day 1 led by stellar demand from retail investors
The ₹525 crore IPO of agrochemical company Heranba Industries will remain open till February 25