Stocks to Watch: Gaudium IVF, Vishal Mega Mart, Netweb Tech, MSTC, Brigade Enterprises, Hindalco, Zaggle Prepaid Under Scrutiny on February 27

Stock Market Update

Results Today

• Enkei Wheels (India), Jagatjit Industries, K&R Rail Engineering, and Rain Industries will release their quarterly earnings today.

Results on February 28

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• BF Utilities, and Vaswani Industries will announce their quarterly numbers on February 28.

Stocks to Watch

• Vishal Mega Mart: Promoter Samayat Services is likely to sell up to 6.5% stake in the company via a block deal, with an offer size of Rs 3,507.5 crore and a floor price of Rs 115 per share.

Corporate News

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• Gujarat Mineral Development Corporation (GMDC) has entered into a Memorandum of Understanding (MoU) with NTPC to jointly explore opportunities in coal and lignite gasification and downstream utilisation.
• Netweb Technologies India has partnered with Vertiv to jointly engineer and validate Netweb's in-house designed GPU compute platforms with Vertiv's integrated, end-to-end AI data centre solutions.
• MSTC has been selected as the lowest bidder for a tender hosted by Coal India on the GeM portal for the appointment of an external service provider to conduct linkage auctions for the non-regulated sector (NRS) for three years.
• Jio Financial Services has subscribed to and been allotted 3.35 crore equity shares of Jio Credit, its wholly owned subsidiary, for cash at a premium of Rs 585.70 per equity share, aggregating Rs 1,999.88 crore.
• Indian Oil Corporation will meet on March 6 to consider a second interim dividend for FY26.
• Engineers India has declared a second interim dividend of Rs 1.5 per share for FY26. The record date for the interim dividend is March 6.
• Brigade Enterprises has partnered with Primus Senior Living to launch three senior living communities across Bengaluru and other geographies in South India, with an expected gross development value (GDV) of approximately Rs 750 crore.
• Onesource Specialty Pharma has received no-objection/no-adverse observation letters from National Stock Exchange of India and BSE for the proposed scheme of arrangement and amalgamation among Steriscience Specialties, Brooks Steriscience, Steriscience Pte, Strides Pharma Services, and Onesource Specialty Pharma.
• Greaves Cotton's subsidiary, Greaves Electric Mobility, has announced its international expansion into Nepal, in partnership with STC Auto Solution.
• Hindalco Industries' CFIUS review process has been temporarily halted due to the partial shutdown of the US federal government.
• Indian Railway Finance Corporation will meet on March 9 to consider the declaration of a second interim dividend for the current financial year 2025–26 and to consider approval of the market borrowing programme for the financial year 2026–27.
• GRE Renew Enertech has received multiple orders worth Rs 19.27 crore from domestic entities for the execution of engineering, procurement, and construction (EPC) contracts on a turnkey basis in the ordinary course of its business operations.
• Zaggle Prepaid Ocean Services has entered into an agreement with Chennai Super Kings Cricket, Superking Ventures, and Saurashtra Cement to offer its Zaggle Corporate Expense Cards to employees and associates of Chennai Super Kings Cricket and Superking Ventures, and provide Zaggle Save (Employee Expense Management & Benefits) to Saurashtra Cement.

Bulk Deals

• Home First Finance Company: Aether (Mauritius) has sold 27.38 lakh shares (equivalent to a 2.63% stake in paid-up equity) for Rs 325.8 crore, while True North Fund V has offloaded 28.08 lakh shares (a 2.7% stake) for Rs 334.22 crore. Societe Generale has acquired 8.4 lakh shares (a 0.8% stake) in Home First at Rs 1,190 per share, valued at Rs 100 crore.