AHMEDABAD, 25 FEBRUARY:

Schaeffler India: Net Profit at Rs 322.3 cr vs Rs 237.2 cr, Revenue at Rs 2724 cr vs Rs 2136 cr (YoY) (Positive)

RVNL: Company secures Rs 270.22 crore central railway EPC order for Daund–Solapur traction substation project (Positive)

Power Grid Corp: Powergrid Narela transmission has successfully commissioned project (Positive)

Waaree Energies: Company receives LOA for 300MW wind power project in Gujarat (Positive)

IOL Chemicals: Company says European directorate for the quality of medicines & health care (EDQM) grants cep for clopidogrel besilate API in addition to existing cep for clopidogrel bisulphate (granted on February 23, 2026) (Positive)

Hindalco: Company Novelis enters subscription agreement with AV minerals. AV minerals to buy 1.3m Novelis shares for $200M (Positive)

Hexaware Technologies: Company announces collaboration with Amazon Web Services to transform software engineering with AI-Powered SDLC Solutions (Positive)

Intellect Design Arena: Deal win – purple fabric gains strong momentum in India with strategic deal mandate from a leading financial services group (Positive)

Dr Reddy’s Lab: Company says sec concludes investigation with no enforcement action against company (Positive)

Samhi Hotels: Company unit signs operating agreements with Marriott hotels for two hotels in Navi Mumbai (Positive)

PI Industries: Company Pidilite Intl, insignia form JV in Tanzania; co holds 55% stake in Pidilite insignia (Positive)

BIOCON: Company obtains approval for weight management drug, liraglutide, in the United States (Positive)

HG Infra: Company wins Major Rs 1,582 crore NHAI Road Project in Odisha (Positive)

Samvardhana Motherson: Company incorporates MESBL for renewable energy project in Maharashtra (Neutral)

Vraj Iron And Steel: Company board approves Rs 35 crore capex to set up 1.5 lakh TPA TMT rolling mill at Bilaspur plant (Neutral)

Exide Industries: Company invests Rs 100 cr in wholly owned subsidiary exide energy solutions; total investment now Rs 4,352.23 crore (Neutral)

Wework India: Company enters agreement for capacity addition in Pune (Neutral)

Responsive Industries: Company targets 12–15% revenue growth, 20–24% EBITDA margins, with export expansion driving upside (Neutral)

Apcotex Industries: Company says capacity addition project initiated worth Rs 210 crores towards nitrile rubber and synthetic latex (Neutral)