Stocks to Watch Today, February 27, 2025: Bharti Airtel, Mastek, UltraTech Cement, Havells India, Polycab, Coforge, NBFCs, Dr Reddy's, Gland Pharma, and more

Indian Markets will react to global cues, particularly the US trade tariffs created by development and the Russia-Ukraine crisis. As Nifty monthly expiry also increases volatility, investors must watch out for these major stocks:

Bharti Airtel: The telecom sector has been abuzz with news about Bharti Airtel's ongoing talks with industry rival, Tata Group to merge their respective DTH operations. If merged successfully, Bharti Telemedia and Tata Play could change the competitive dynamics.

ULTRATECH CEMENT: UltraTech Cement is making significant moves. The board's publication of the effective date of Kesoram Industries' cement business demerger on 1 March 2025 is a sign of consolidation in the cement sector. Expanding on the construction segment, its ₹1,800 crore wires and cables business foray will also help UltraTech capture more value along the construction chain. It is expected to pose pressure on the existing cable companies.

State Bank of India (SBI): SBI has achieved an ₹8 trillion housing loan book and aims to reach ₹10 trillion by March 2027 Highlights strong growth in the mortgage sector. Its strategy of cross-selling financial products to its home loan customers can also accelerate its profitability.

Adani Green Energy Ltd, one of the largest renewable energy players in the world, received a letter of award (LoA) from the Uttar Pradesh Power Corporation (UPPCL) for 1,250 MW pumped hydro storage projects.

Tata Power: Its €30000 crore MoU with Assam government for renewable energy projects. This investment has the potential to augment Assam’s renewable energy capacity.

RailTel: South Central Railway has issued a work order for the amount of ₹111.43 crore, continuing RailTel’s role in upgrading railway infrastructure. Adding this with an additional order worth ₹56.66 crore further strengthens this.

Wipro: Wipro Projects to pour $200 million into Wipro Ventures. The emphasis on GenAI and cybersecurity reflects the company's strategic priorities.

Coforge: The approaching board meeting on March 4 to deliberate on stock split appears directed towards enhancing shareholders’ value and improving liquidity in the stock.

IndiGo: IndiGo announcing the induction of wide-body Boeing 787-9 aircraft on lease, A321 XLRs and A350s for a high-paced international expansion strategy can be seen as the best among all.

SpiceJet: For Q3 FY2025, reporting a profit of ₹26 crore marks a turnaround for SpiceJet, although investors need to assess the reasons for the turnaround.

Dr Reddy's Laboratories: The US FDA issuing an Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) classification to the company means that the FDA is satisfied that the company's response covers the agency's concerns.

Waaree Energies secured an order to supply solar modules to Aditya Birla Renewables' subsidiary.

Torrent Power: The recent MoU of Torrent Power with the Assam Government for the development of renewable energy projects is a reflection of the competitive landscape of the renewable energy space further heating up with even Tata Power reiterating its strong focus on development of renewables.

Varun Beverages: The longer-than-expected timeline for acquiring SBC Beverages Ghana makes the acquisition less juicy, and investors should watch for further news.

Mastek: Winning multi-win contracts from the UK public service department strengthens Mastek’s position in the international market.

Gland Pharma: FDA (US) 483 issued with three observations; service sector assessment meriting caution although company states observations are procedural.

Blue Star: Expecting good growth in sales on the back of strong consumer durables environment and demand for air conditioning

Venus Remedies: Standing at the forefront of fighting an immediate global health challenge, the collaboration with Infex Therapeutics in targeting the antimicrobial resistance through innovations in medicines positions Venus Remedies at edge of revolution against the AMR.

Utkarsh Small Finance Bank: The board approved the raising of funds, which indicates the bank's expansion plans and ambitions for growth.

UltraTech Cement's foray into the cable industry may also put existing players such as Havells India and Polycab India at a disadvantage.

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