Stocks to Watch Today: Lupin, Angel One, Zydus Life, Shaily Engineering, KSB, Sanofi India, KP Energy, and Rail Vikas Nigam in Focus on February 26

Quarterly Earnings and Market Updates

Results Today

• Nova Iron & Steel, Vesuvius India, John Cockerill India, and Indrayani Biotech will announce their quarterly earnings today.

Quarterly Earnings

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Sanofi India Q4 (YoY)

• Profit: Rs 61.7 crore (down 32.4% from Rs 91.3 crore)
• Revenue: Rs 419.8 crore (down 18.5% from Rs 514.9 crore)

KSB Q4 (Consolidated YoY)

• Profit: Rs 81 crore (up 10.8% from Rs 73.1 crore)
• Revenue: Rs 784 crore (up 7.9% from Rs 726.4 crore)

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Sanofi Consumer Healthcare India Q4 (YoY)

• Profit: Rs 66.5 crore (up 50.1% from Rs 44.3 crore)
• Revenue: Rs 251 crore (up 47% from Rs 170.7 crore)

Foseco India Q4 (Consolidated YoY)

• Profit: Rs 12.6 crore (down 35.5% from Rs 19.5 crore)
• Revenue: Rs 186.9 crore (up 37% from Rs 136.5 crore)

Stocks to Watch

Reliance Industries

• Reliance Enterprise Intelligence (REIL), a step-down wholly owned subsidiary of Reliance Industries, has allotted 59.66 crore equity shares worth Rs 596.6 crore to Reliance Intelligence, a wholly owned subsidiary of the company, and 25.65 crore equity shares worth Rs 256.6 crore to Facebook Overseas Inc, a wholly owned subsidiary of Meta Platforms, Inc.

Indian Railway Finance Corporation

• The Government of India, the promoter, is not exercising the oversubscription option to the extent of 26.13 crore equity shares (2% of paid-up equity) since there is under subscription of 1.18 crore equity shares of the company as on February 25.
• The company has signed a loan agreement with the consortium of Sumitomo Mitsui Banking Corporation and MUFG Bank (Gift City branches) in New Delhi for raising External Commercial Borrowing loan of JPY equivalent $400 million.

Shaily Engineering Plastics

• The company has received an order worth Rs 423 crore from a domestic pharma company.

Lupin

• The Goods & Service Tax Department, Maharashtra has initiated Inspection and Search proceedings at the registered office of the company, seeking documents related to payment of GST and claim of input tax credit etc.

KFin Technologies

• MFC Technologies, the joint venture between Computer Age Management Services (CAMS) and KFin Technologies, announced key leadership appointments as MF Central transitions into a professionally governed stand-alone entity serving India’s mutual fund ecosystem.

SBI Life Insurance Company

• The Board has declared an interim dividend on equity shares of the company of Rs 2.7 per share for FY26.

Zydus Lifesciences

• The company plans to launch Semaglutide injection under the brand names – SEMAGLYNTM, MASHEMATM, and ALTERMETM, upon patent expiry in India.

Emmvee Photovoltaic Power

• The company clarified that there is no impact on its business operations due to recent reports regarding the US countervailing duties on solar imports from India.

Xtglobal Infotech

• The company's US subsidiary XTGlobal Inc has bagged an order from the Texas Department of Transportation (TxDOT) for Al enablement for engineering services.

KP Energy

• The company has received a Letter of Award (LoA) from Enerparc Energy for the development of a 40.8 MW wind-solar hybrid power project in Gujarat.

Rail Vikas Nigam

• The company has received LOA from National Mineral Development Corporation (NMDC) for development of a township in Kirandul, Chhattisgarh.

ACME Solar Holdings

• The company through its subsidiary ACME Suryodaya has commissioned the first phase of 19 MW/38 MWh out of 285 MW/600 MWh capacity of battery energy storage system (BESS) project at Jaisalmer.