The market is buzzing with important updates from several key companies, making them key stocks to watch today, February 19. From big acquisitions to new partnerships, these stocks are likely to be in action. Whether it’s in infrastructure, technology, real estate, or pharma, here is a quick roundup of why these stocks are in the spotlight today.
Market recap
Stock markets saw another day of ups and downs on Tuesday, with volatility hitting Dalal Street. Despite recovering from the day’s lows, the key indices ended slightly in the red. The NSE Nifty 50 closed 14.20 points lower at 22,945.30, while the BSE Sensex dipped 29.47 points to settle at 75,967.39.
Stocks to watch on February 18, 2025 Infosys
IT major Infosys has entered a long term partnership with Lufthansa Group and Lufthansa Systems GmbH. As part of the deal, Infosys will set up a Global Capability Centre (GCC) in Bengaluru to boost software and product development for Lufthansa.
In the previous trading session, Infosys share price saw a slight increase, closing at Rs 1,848, up by 0.31%.
L&T
Infrastructure giant Larsen & Toubro (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Ltd (LTSSHF) from Nuclear Power Corporation of India Limited (NPCIL). The Rs 170-crore deal makes LTSSHF a wholly-owned subsidiary of L&T. The acquisition includes equity shares, preference shares, and a secured loan provided by NPCIL.
Larsen & Toubro’s share price in the previous day’s trading ended at Rs 3,220, marking a minor dip of 0.057%.
Vedanta
Vedanta has received approval from 83% of its creditors for its proposed demerger plan. The restructuring, which required at least 75% approval, aims to separate its businesses into independent entities.
Vedanta share price closed at Rs 416.50, gaining 0.33% in the previous day trading session.
ALSO READVedanta demerger plan gets creditor nod Aurobindo Pharma
Aurobindo Pharma has completed a pre-approval inspection by the USFDA at its Eugia Steriles Private facility in Andhra Pradesh. The inspection, which took place between February 10 to February 18, resulted in five procedural observations.
Mahindra Lifespace
Mahindra Lifespace Developers has announced a partnership with Livingstone Infra for a cluster redevelopment project in Mahalaxmi,
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