Tata Technologies, Torrent Power, MobiKwik Among Stocks In Focus On February 24

Several stocks are set to remain in focus on February 24 after key regulatory, investment, and order-related developments were disclosed to stock exchanges.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

The National Stock Exchange of India has decided to exclude Housing & Urban Development Corporation, Piramal Pharma, Tata Technologies, and Torrent Power from the Futures & Options segment with effect from April 29, 2026, according to an exchange circular.

Capital Plans And Regulatory Approvals

Bharti Airtel announced capitalisation plans for its NBFC arm, Airtel Money, with a proposed capital infusion of ₹20,000 crore over the next few years. The company said it will contribute 70%, while Bharti Enterprises will contribute 30%, as per its filing.

One MobiKwik Systems said its subsidiary, Mobikwik Securities Broking, has received approval from the BSE to commence stock broking operations.

The Reserve Bank of India approved the reappointment of Chandan Sinha as Non-Executive (Part-time) Chairman of RBL Bank for a second term from May 21, 2026, to May 20, 2029.

Order Wins And Project Approvals

Pace Digitek said its subsidiary Lineage Power received a purchase order worth ₹158.7 crore from Reliance Industries for the supply of Li-ion battery packs.

Signpost India secured a ₹450 crore order from the Kolkata Municipal Corporation for outdoor advertising rights under the ‘Kolkata Streetscape Renaissance’ project.

Chalet Hotels approved the development of a 330-room hotel with commercial space in Hyderabad with an investment of ₹632.8 crore.

Bharat Petroleum Corporation received a tax demand of ₹1,816.65 crore from the Central Tax & Central Excise Department, Kochi, covering September 2004 to May 2010. The company said it will appeal before the Customs, Excise and Service Tax Appellate Tribunal.

Suraj Estate Developers completed the acquisition of 100% shares of Hally Pacific for ₹30.40 crore, acquiring 717.39 square metres of land in Mumbai.

Other Developments

Samvardhana Motherson International inaugurated a joint venture manufacturing facility with Marelli in Sanand, Gujarat.

Edelweiss Financial Services reported a bulk deal involving 1 crore shares at ₹118 per share, aggregating ₹118 crore.

SAIL remains in the F&O ban, while Sammaan Capital moved out of the ban list, as per exchange data.

These disclosures, filed with stock exchanges, are expected to guide trading activity on February 24.