If you’re feeling uncertain about which stocks to keep an eye on before the markets start, don’t worry! Below is a thorough overview of the most recent stock-related news to consider before beginning your day. You can keep a hawk’s eye on these stocks today, February 27-
Stocks in Focus: From Wipro to UltraTech Cement, you can read about all the stocks that may see action. Previously, on Tuesday, the NSE Nifty 50 closed the session 6 points or 0.03% lower at 22,548, while the BSE Sensex rose 148 points or 0.20% to close at 74,602.
Stocks to watch on February 27, 2025
Wipro
Wipro plans to invest $200 million to its venture arm, Wipro Ventures, in its latest round of funding to accelerate the focus on early- to mid-stage startups. This is the fourth round of investment raised by Wipro Ventures since its inception in 2015.
Bharti Airtel
Bharti Airtel on Wednesday confirmed that it is in talks with the Tata Group over a potential merger of Tata Play with Bharti Telemedia. In an exchange filing, Airtel said, “We wish to submit that we are in talks to explore a potential transaction to achieve a combination of Tata Group’s direct-to-home (DTH) business, housed under Tata Play, with Bharti Telemedia, a subsidiary of Airtel, in a structure acceptable to all parties.”
Infosys
Infosys has launched open-source Responsible AI toolkit that aims to address risks and ethical concerns. This initiative forms a component of the Infosys Topaz Responsible AI Suite, aimed at enabling enterprises to innovate responsibly, while mitigating risks associated with ethical AI adoption.
SpiceJet
The budget carrier SpiceJet has reported a profit after tax (PAT) of Rs 26 crore in Q3 FY25, marking a turnaround from a loss of Rs 300 crore in the same period last year. The airline’s total revenue surged by 35% year-on-year YoY to Rs 1,651 crore, driven by higher passenger demand, improved pricing, and operational efficiencies.
KPI Green Energy
KPI Green Energy announced that its parent company, KP Group, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for developing 1.8 GW of renewable energy projects in the state.
Adani Green Energy
Adani Green Energy received the letter of award (LOA) from Uttar Pradesh Power Corporation (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects (PSP).
Tata Power
Tata Power has signed a pivotal Memorandum of Understanding (MoU) at Advantage Assam 2.0 to further its commitment to renewable energy and sustainable development in the state. It will invest Rs 30,000 crore in developing renewable projects up to 5000 MW in Assam.
UltraTech Cement
UltraTech Cement’s board approved the implementation of the demerger scheme involving Kesoram Industries, effective March 1, 2025. Under the scheme, UltraTech will issue one equity share of Rs 10 each for every 52 equity shares of Rs 10 each held by Kesoram’s shareholders as of the record date.