Indian markets witnessed sharp volatility on Thursday, with benchmark indices tumbling amid escalating geopolitical tensions between the US and Iran. The 30-share BSE Sensex plunged 1,236 points, or 1.5%, while the NSE Nifty50 closed near the 25,450 mark following broad-based selling pressure.
Against this backdrop, several companies announced key developments that could drive stock-specific action on February 20, 2026. Here’s a look at the major stocks in focus.
Tata Consultancy Services, part of the Tata Group, has announced a strategic partnership with OpenAI to build 100 megawatts (MW) of AI infrastructure in India, scalable up to 1 gigawatt (GW).
The collaboration will also focus on accelerating enterprise AI adoption, building industry-specific AI solutions, and expanding AI skilling initiatives for Indian youth. The move positions TCS at the centre of India’s fast-growing AI ecosystem and could strengthen its long-term digital transformation portfolio.
Cochin Shipyard has signed a significant contract with French shipping major CMA CGM for the construction of LNG dual-fuel vessels.
The deal is expected to enhance India’s shipbuilding capabilities and support the global green maritime transition, given the rising demand for cleaner fuel-powered vessels.
RailTel has secured a railway signalling project worth approximately ₹35.6 crore after receiving a Letter of Acceptance from the Deputy Chief Signal & Telecommunication Engineer.
The order adds to the company’s growing railway infrastructure portfolio and could support near-term revenue visibility.
Waaree Energies is in discussions with the Andhra Pradesh government and other states to set up a greenfield battery manufacturing facility involving an investment of over ₹8,000 crore.
If finalised, the project would mark a major expansion into battery manufacturing and strengthen India’s renewable energy and storage ecosystem.
Dr Reddy’s Laboratories has acquired the trademarks of speciality hormone therapy brands Progynova and Cyclo-Progynova for India from UK-based Mercury Pharma Group for USD 32.15 million.
The acquisition marks the company’s entry into the hormone replacement therapy segment and strengthens its domestic specialty portfolio.
Bandhan Bank has enabled customers in Assam to make state tax and non-tax payments through the Assam e-GRAS portal via both online and offline channels.
The move strengthens the bank’s digital integration with government platforms and expands its service footprint in the region.
Texmaco Rail has signed a Joint Venture Shareholders’ Agreement with Rail Vikas Nigam Limited (RVNL) to build next-generation rolling stock and expand its global rail EPC footprint.
The JV aims to strengthen India’s rail manufacturing ecosystem and tap into international opportunities.
Reliance Industries Chairman Mukesh Ambani announced an ambitious ₹10 lakh crore investment plan aimed at revolutionising artificial intelligence, similar to how the group transformed India’s mobile data landscape.
The announcement signals Reliance’s strong push into AI-led growth and next-generation digital infrastructure.
Read more: Top Undervalued Stocks in India for Feb 2026: ICICI Bank, Power Finance Corporation and More.
Despite broad market weakness, corporate India continues to announce strategic expansions and sector-specific growth initiatives. This includes investments in AI infrastructure and green shipping to biosimilars and rail manufacturing.
Investors with a demat account will closely track stock-specific developments on February 20, especially in companies announcing large capital commitments, order wins, or strategic partnerships that could drive medium- to long-term value creation.
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 or investment advice. It does not aim to influence any individual or entity to make investment decisions. Readers should conduct their own research and assessments to form an independent opinion before making investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Feb 20, 2026, 8:22 AM IST
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
