Stocks to Track: Coal India, IRFC, Crompton Greaves Consumer, other scrips to watch out for on Monday
Shares to Track for Monday: A number of stocks are set to be in focus during the coming session on Dalal Street, including Coal India, Updater Services, Zomato, BPCL, IRCTC and NTPC Green. Read on to learn about these stocks in detail.
)
09:21 PM IST
Shares to Track for Monday, February 24: Domestic equity benchmarks declined about half a per cent each on Friday amid selling pressure in auto, financial and energy shares, with the Sensex losing about 425 points to end at 75,311 and the Nifty50 giving up 117 points to settle four points below the 22,800 mark. As market participants await the next session on Dalal Street, with the earnings season now behind and persistent FII selling, here are a number of stocks that are set to be in the spotlight on Monday, February 24.
Stock to Track for February 24: Coal India Ltd (CIL)
Coal India has signed an agreement with EDF subsidiary EDF India to establish a joint venture to focus on PSP and renewable energy projects in the domestic as well as neibhbouring markets.
Dividend Stocks | 2 scrips scheduled to trade ex-dividend on February 24
ASM Tech and Prithvi Exchange shares are set to trade ex-dividend on Monday.
Stock to Track for Monday: Updater Services
Updater Services has received a tax demand notice to the tune of Rs 6.5 crore.
The company has claimed that it owes nothing in this regard and it is now looking into all possible legal actions to support its position.
Stock to Track: Crompton Greaves Consumer
Crompton Greaves Consumer has appointed Tanmay Prusty as Chief Marketing Officer.
Index Reshuffle | Nifty50, Next 50, Nifty 100, Nifty Auto, Nifty FMCG inclusions & exclusions
A number of changes have been announced in NSE indices including Nifty50, Nifty Next 50, Nifty MidSmallcap 400, Nifty Midcap 50, Nifty Auto and Nifty FMCG.
With effect from March 28, Jio Financial Services and Zomato will replace BPCL and Britannia in the headline index, according to NSE.
In the Nifty Next 50, Bajaj Housing Finance, BPCL, Hyundai Motor India, Swiggy, IHCL, CG Power and Britannia are set to replace Adani Total Gas, Zomato, Jio Financial, NHPC, IRCTC, BHEL and Union Bank of India.
In the Nifty 500, Ola Electric, NTPC Green and Wockhardt are among the 30 stocks set to replace others, including VIP Industries and Metro Brands.
These changes are part of a semi-annual rebalancing exercise undertaken by NSE.
Stock in News | PI Industries
The company has entered a partnership with the Centre for Cellular and Molecular Platforms (C-CAMP) for innovations in biocontrol technologies.
Stock to Track | Lemon Tree Hotels
Lemon Tree Hotels has inked a license for a 98-room property in Chittorgarh, Rajasthan.
Its subsidiary Carnation Hotels will manage the property.
Lemon Tree Hotels is hoping for the hotel to commernce operations in FY26.
Stock in News | IRFC
NTPC Renewable Energy has approved a Rs 7,500-crore tem loan bid by IRFC.
Stock in News | Oil India
Oil India Ltd has established a joint venture with Assam Power Generation Corporation, called APGCL OIL Green Power.
Catch key stock market updates here. For all other news, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Power of Compounding in One-time Investment: Rs 2.50 lakh investment for 30 years vs Rs 12 lakh for 16 years vs Rs 15 lakh for 14 years; which can give highest return?
)
PPF Calculation: How much will you earn in 18 years by investing Rs 5,000, Rs 7,000, and Rs 10,000 monthly in Post Office Public Provident Fund?
)
Monthly Income From One-time Investment: How Rs 14,00,000 one-time investment can generate Rs 2,44,000 monthly income for 30 years
)
SBI Senior Citizen FD Interest Rates: Check calculations and know the maturity amount of Rs 4,00,000 investment in SBI FDs for 1-year, 3-year, 5-year and 10-year tenures
)
9 Stocks to Buy for Short Term: Analysts recommend largecap, midcap scrips for 2 weeks; Bajaj Auto, Hero MotoCorp on the list
)
Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 6.3 years of service?
09:21 PM IST