Stocks to Watch on February 24, 2025: Zomato, Jio Financial, BPCL and More in Focus
As of 8:20 AM, GIFT Nifty futures were up by 92 points at ā¹22,707. In the previous session, the BSE Sensex fell by 424.90 points (0.56%) to 75,311.06, while the NSE Nifty50 dropped 117.25 points (0.51%) to 22,795.90.
Here are key stocks to watch today:
Vedanta
Vedanta has been chosen as the preferred bidder for the Kauhari Diamond Block in Madhya Pradesh, which spans 643.4169 hectares and is currently at the G4 exploration stage.
Bharat Petroleum Corp and Britannia Industries
Bharat Petroleum Corp Ltd (BPCL) and FMCG giant Britannia Industries are set to exit the Nifty50 index from March 25. They will be replaced by Zomato and Jio Financial Services.
Bajaj Housing Finance and BSE
Bajaj Housing Finance, BSE, CDSL, along with others such as NALCO and Premier Energies, are set to be included in the FTSE India index. This inclusion highlights their increasing prominence in the Indian equity market.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has sanctioned the sale of non-performing assets (NPAs) and written-off loans to an Asset Reconstruction Company. A micro banking pool worth ā¹364.51 crore will be sold, with an overall provision of 66.51% applied to the portfolio.
RVNL
RVNL has emerged as the Lowest Bidder (L1) for a South Western Railway project valued at ā¹156.35 crore. The contract involves the āEngineering, Procurement, and Construction (EPC) for the design, supply, erection, testing, and commissioning of the 2x25 KV Overhead Electrification (OHE) and Power Supply (PSI) Systemā between Rayadurga and Topavagada in the TK-RDG section.
Lupin
Lupin has received an Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration (FDA) for its Somerset, New Jersey manufacturing facility. The inspection took place between January 27 and January 31, 2025.
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