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Stocks to Watch on February 20, 2025: Religare Ent, Waaree Energies, and More in Focus Today

Written by: Kusum KumariUpdated on: Feb 20, 2025, 4:32 PM IST
Sensex and Nifty are likely to be impacted. Religare’s open offer sees weak response, ONGC eyes JV for VLECs, and M&M partners with Anduril for AI-powered defence tech.
Stocks to Watch on February 20, 2025: Religare Ent, Waaree Energies, and More in Focus Today
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Indian stock markets are likely to open lower on February 20, 2025. As of 7:35 AM, GIFT Nifty futures were down by 84.5 points at ₹22,880.

In the previous trading session, Sensex closed at 75,939.18, slipping 28.21 points (0.04%), while Nifty50 ended at 22,932.90, down 12.40 points (0.05%).

Religare Enterprises

Religare Enterprises open offer saw a weak response, with only 2.31 lakh shares (0.07%) tendered out of the 9.00 crore shares (26%) available.

L&T Technology Services (LTTS)

LTTS is working towards a revenue target of $3 billion in the near to medium term.

Infosys

Infosys clarified that it did not use coercion or threats while terminating trainees at its Mysuru campus. The company is in discussions with the labour department regarding the issue.

Hyundai Motor India

Hyundai Motor India aims to make India a manufacturing hub for exports to Africa and neighboring regions.

Reliance Infrastructure

Reliance Infrastructure is exploring opportunities in the solar and battery segments. It has launched 2 subsidiaries: Reliance Battery GreenTech and Reliance Zetta SolarTech.

Bharat Forge

Bharat Forge subsidiary Kalyani Strategic Systems has partnered with AM General (USA) to supply the US military with Made-in-India advanced artillery cannons.

ONGC

ONGC is seeking a joint venture partner to develop Very Large Ethane Carriers (VLECs) for transporting feedstock to its petrochemical plant in western India.

Mahindra & Mahindra

Mahindra Group has teamed up with Anduril Industries (USA) to develop Autonomous Maritime Systems, AI-powered Counter Unmanned Aerial System (CUAS), and advanced Command and Control (C2) software.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 20, 2025, 9:02 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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