A fresh trading day is here, and some key stocks are set to grab attention. If you are looking to invest in stocks, keep an eye on Coal India Limited, Life Insurance Corporation of India Limited, PNC Infratech Limited, Rail Vikas Nigam Limited, Transrail Lighting Limited, and Tata Power Company Limited. These companies have made big moves recently, and their latest developments could influence the market.
Transrail Lighting wins big orders
Transrail Lighting has secured fresh orders worth ₹2,752 crores, mainly from the transmission and distribution sector. With its year-to-date order inflows now crossing ₹7,400 crores, this stock is definitely one to watch for those wanting to invest in stocks.
Tata Power expands solar presence
Tata Power's solar manufacturing arm, TP Solar Limited, has bagged a contract worth ₹632 crores from Solar Energy Corporation of India Limited (SECI). This strengthens Tata Power's position in the renewable energy segment and makes it an interesting pick for investors.
PNC Infratech's big road project
PNC Infratech's subsidiary, Hardoi Highways Private Limited, has wrapped up a road project of ₹864 crores in Uttar Pradesh. Adding to the good news, the company is set to receive an early completion bonus of ₹14.2 crores from the National Highways Authority of India, giving it a strong financial push.
LIC receives tax demand notice
Life Insurance Corp. has received a demand order from the Maharashtra tax authority. It requires the company to pay ₹480 crores in GST, including interest and penalties, for the financial year 2020-21. Investors will closely monitor how LIC navigates this challenge.
RVNL secures railway power project
RVNL has landed a contract from Central Railway to build a power station that will support heavier train loads of 3,000 tonnes on the Bhusaval-Khandwa line. The project is valued at ₹136 crores and adds to RVNL's growing portfolio.
Coal India raises prices
Coal India is set to introduce an additional charge of ₹300 per tonne across all Northern Coalfields Limited (NCL) mines from May 1, 2025. This move is expected to bring in an extra ₹3,877.5 crores in revenue, boosting the company's financials.
Other stocks to watch
Apart from the key players, several other stocks are worth keeping an eye on today:
What's next for investors?
As of February 28, 2025, at 2:25 PM, Transrail Lighting was trading at ₹516.35 per share, while Tata Power stood at ₹336.75 per share. Coal India, RVNL, LIC, and PNC Infratech were at ₹372, ₹334.25, ₹734.65, and ₹259.15 per share, respectively. If you are planning to invest in stocks, these companies are worth tracking. Their latest developments could impact market movements in the near future.