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Prachi Mehta

24th Feb 2025 · SEBI-Registered Analyst

Stocks ready for Action today : 24 Feb 2025

NTPC
and EDF India, owned by Electricite de France SA, a French multinational electric utility company owned by the Government of France, have signed a non-binding Term Sheet and collaborated to develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydro power project(s) or Hydro Project(s) bundled with other Renewable Energy projects and explore opportunities in distribution business.
RAILTEL
has received the work order from East Central Railway for Provision of Kavach (indigenous Train Collision Avoidance System) on Low Density Railway Track in 502.2 RKm of East Central Railway. Broad consideration or size of order is Rs 288.15 crore (Including Tax). The said order is expected to be completed by February 20, 2027.
OIL
(OIL) has signed a Memorandum of Understanding (MoU) with Mineral Exploration and Consultancy (MECL), a Miniratna-I CPSE under the Ministry of Mines, Government of India, to collaborate in the exploration and development of critical mineral blocks in India and overseas.
ZYDUSLIFE
has received final approval from the United States Food and Drug Administration (USFDA) to manufacture Ibuprofen and Famotidine tablets, 800 mg/26.6 mg. (USRLD: Duexis Tablets, 800 mg/26.6 mg).
COALINDIA
(CIL) and M/s EDF India (a wholly owned subsidiary of Electricite de France SA (EDF)) have executed a Non-Binding Shareholders Agreement (SHA) Term Sheet on February 23, 2025 to form a Joint Venture between CIL and EDF to undertake PSP projects along with other renewable energy projects in India and neighboring countries. Note : Make sure to follow risk management and position sizing at all times

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