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These 10 shares will be in action today including RailTel, RVNL, Waaree Energies
highlights
- On February 20, stocks of many major companies may remain in the news in the stock market due to news.
- Some companies have received new and bigger orders, while some have also declared dividends along with their quarterly results.
- Special activity can be seen in companies related to banking, railway, industrial and energy sectors.
Stocks to Watch: FridayOn February 20, stocks of many major companies may remain in the news in the stock market due to news. Some companies have received new and bigger orders, while some have also declared dividends along with their quarterly results. Special activity can be seen in companies related to banking, railway, industrial and energy sectors. For traders, this day can provide short term trading opportunities, while investors can also make strategies based on the news.
RailTel Corporation of India Limited
The government railway company has received an order worth about Rs 35.6 crore for the railway signaling project. The company has to complete this work in 24 months.
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CIE Automotive India Limited
The company’s third quarter profit has increased by 10% to Rs 204 crore. Increase in income by more than 13%. EBITDA grew nearly 12%. Margin declined slightly to 14% (earlier it was 14.2%).
The bank has reduced its one year MCLR from 9.20% to 9.10%. The new rates will be applicable from 22 February 2026. This may reduce the interest rate of the loan slightly.
The company’s profit declined by 18% in the December quarter.
6% increase in income
Margin Reduction
The company has announced a dividend of Rs 29.59 per share.
Texmaco Rail & Engineering Limited and Rail Vikas Nigam Limited (RVNL)
Both the companies have signed the joint venture agreement on 19 February. Its objective is to strengthen rail manufacturing in India and increase business abroad.
GHV Infra Projects Limited
The company has received work orders worth about Rs 123 crore. It will supply solar panels and other power equipment.
The company is in talks with other states including Andhra Pradesh for a battery manufacturing unit with an investment of more than Rs 8,000 crore.
The company has received an order worth about Rs 89 crore from RailTel. It will install video surveillance system in LHB coaches in 8 months.
The company has entered into a power purchase agreement for 25 years. Under this, 2 MW hybrid renewable power will be purchased for Nadiad plant in Gujarat.
Dhunseri Ventures Limited
The company’s board meeting is on February 20, in which a decision on dividend can be taken.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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