News Highly Sensitive to Stock Price: Feb 24

One Mobikwik Systems

The company’s subsidiary, Mobikwik Securities Broking, has received approval from the Bombay Stock Exchange (BSE) to commence its stock broking business.

Morepen Laboratories

Morepen Laboratories secured a multi-year Contract Development and Manufacturing Organization (CDMO) mandate valued at Rs 825 crore (US$ 91 million) from a leading global pharma major. Supplies under the mandate are expected to commence within the next 4–5 months, with execution scheduled through Q1 of the following financial year, subject to customary operational and regulatory processes.

Bharti Airtel

Bharti Airtel is investing Rs 20,000 crore in its financial arm, Airtel Money. This move aims to build a large digital lending platform. The company seeks to expand access to formal credit across India. Airtel Money received its NBFC license in February 2026. This expansion strengthens Airtel’s financial services presence and addresses the credit gap

BPCL

Bharat Petroleum Corporation Limited (BPCL) has been issued an excise demand order of Rs. 1,816.65 crore by the Commissioner of Central Tax and Central Excise, Kochi. This includes a duty demand of Rs 476.94 crore, Rs 1,339.70 crore in interest, and a Rs 95,000 penalty.

HCL Technologies

HCL Group is partnering with Foxconn to build a skilled workforce for India’s semiconductor ambitions. A new semiconductor unit in Greater Noida will require hundreds of high-tech engineers. This initiative aims to address the critical talent gap in the sector. The collaboration will leverage Foxconn’s expertise and HCL’s educational institutions to develop specialized skills.

Signpost India

Company has been granted the Exclusive Outdoor Advertising Rights on Park Street (Mother Teresa Sarani) from Jawaharlal Nehru Road to Mullick Bazar Crossing, Camac Street (Abanindranath Sarani), Theatre Road (Shakespeare Sarani), and Park-o-Mat under the “Kolkata Streetscape Renaissance” Project through PPP Mode. The total value stands at Rs 450 crore and would be executable in the next 10 years.

Pace Digitek

M/s. Lineage Power Private Limited, a material subsidiary of the Company, has received a Purchase Order worth Rs 158.7 crore (Including GST) from Reliance Industries Limited vide PO NO. I03/440051481 to Supply of Battery Packs of Li-ion 48V 15S1P 314 AH.

Lupin

Lupin Limited announced that it has received the approval from European Commission for its biosimilar ranibizumab, RanluspecTM (for vials and pre-filled syringes), following the recent positive opinion from the Committee for Medicinal Products for Human Use. Ranibizumab is a recombinant humanized IgG monoclonal antibody fragment that binds and inhibits vascular endothelial growth factor A. Its indications encompass the treatment of patients with neovascular (wet) age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema, proliferative diabetic retinopathy, and choroidal neovascularization.

Aether Industries

The company announced that the commercial operation at the Manufacturing Site 3++ (Plot No. 8202/2/A-B) has commenced, with effect from February 22, 2026. The said manufacturing site is expected to be a key contributor towards achieving the Company’s production capacities and revenue growth going forward.

Patel Engineering

Patel Engineering has been declared lowest bidder by Himachal Pradesh Power Corporation (HPPCL) for construction of Renukaji Dam Project (PKG 1) valued at Rs. 910.08 crore. The project entails construction of three diversion tunnels, each with a diameter of 9.5 meters and lengths of 1379 meters, 1468 meters, and 1590 meters respectively.

Waaree Energies

Zero Footprint Industries Ltd (ZFI) and Waaree Clean Energy Solutions Private Limited (subsidiary) today announced the signing of Electrolyzer as a Service (EAAS) Agreement for 2.5 MW Alkaline Electrolyzer for ZFI’s planned capacity addition for Green Hydrogen in Uttar Pradesh (U.P.). Where the company will own and operate the system undera long-term contract of 15 years. The two companies also entered into o a Strategic MoU to supply 50 MW of electrolyzers through EAAS route for its multiple decentralised small green hydrogen projects across Northen India Moreover, the company also received and Order worth 500 MW for the supply of Modules, to be delivered in FY27

NHPC Ltd

With respect of NHPC Kishanganga HE Project vs HCC case, The tribunal has announced in favour of HCC Ltd, awarding an amount of Rs227.82 Crore + EUR 26,66,029 + prereference & pendentelite interest @ 10.40% p.a. + Arbitration Cost Rs 1.57 Crore & USD 10,000 + Future Interest @ 12.40% p.a. NHPC has filed a counter-claim of Rs 738.7 Cr, which is yet to be commenced

Silver Touch Technologies

The IT solutions provider has been selected by the Food Safety and Standards Authority of India (FSSAI) for a strategic digital transformation engagement. Silver Touch will act as the Managed Service Provider (MSP) for application development, enhancement, and the operations and maintenance of FSSAI portals and applications.

Chalet Hotels

The board has approved the development of a proposed 330-room luxury hotel, along with commercial/retail space of 36,255 sq ft, at Madhapur in Hyderabad, with an investment of Rs 632.8 crore. Once operational, this will be the company’s third hotel in Hyderabad.

Samvardhana Motherson

Motherson, in a joint venture with Marelli, has inaugurated a manufacturing facility in Sanand, Gujarat. Established as a strategic joint venture with Marelli, the advanced plant is dedicated exclusively to producing cutting-edge exterior lighting systems, further strengthening the group’s capabilities in automotive component manufacturing

Suraj Estate Developers

The real estate developer has announced the completion of the acquisition of 100 percent shares of Hally Pacific, a company that owns a strategically located vacant land parcel in Prabhadevi, Mumbai. The acquisition was completed for Rs 30.40 crore, resulting in Hally Pacific becoming a wholly owned subsidiary of the company. The acquired entity owns approximately 717.39 square metres of vacant land in Prabhadevi, Mumbai

Source: HSL Prime Daily, 24 Feb 2026