Indian benchmark indices, the BSE Sensex and NSE’s Nifty50, closed slightly lower on Wednesday, amidst mixed global and domestic cues. The Sensex declined 28.21 points, or 0.04%, to end at 75,939.18, while the Nifty50 fell 12.40 points, or 0.05%, to settle at 22,932.90.
There are several stocks that may remain in the spotlight before the opening bell on Thursday, February 20, 2025. Among these, CIE Automotive India and Sanofi Consumer Healthcare India are set to announce their Q3 results, including dividends for the quarter ended December 31, 2024. Other companies like AVT Natural Products, ESAB India, Indian Railway Catering and Tourism Corporation, Procter & Gamble Hygiene & Health Care, and Shivalik Bimetal Controls will trade ex-dividend.
In other news, Waaree Energies has bagged an order for the supply of solar modules for 362.5 MWp from Khaba Renewable Energy, a subsidiary of Engie India. Cyient announced the appointment of Sukamal Banerjee as Executive Director and Chief Executive Officer of its DET business. Bharat Forge’s subsidiary, Kalyani Strategic Systems, has signed a letter of intent with AM General, USA, for the supply of made-in-India advanced artillery cannons to the United States.
Additionally, IREDA and Tata Technologies will have futures and options contracts available for trading, effective February 28. Patanjali Foods has seen the Supreme Court quash a demand order of Rs 186 crore for the pre-Corporate Insolvency Resolution Process period raised by the Income Tax Department. RITES has signed a memorandum of understanding with the Central Water and Power Research Station to collaborate on engineering consultancy services and research & development projects in water resources, marine, and inland waterways infrastructure. HFCL has become the first company to sign an agreement with BSNL as the Project Implementation Agency under the BharatNet Phase-III Programme. Orchid Pharma’s USFDA inspection of its API manufacturing facility in Alathur, Tamil Nadu, concluded with seven minor observations, none of which pertain to the data integrity of the facility.