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Vimal K

21st Feb 2025 · SEBI-Registered Analyst

WATCH OUT FOR STOCKS IN NEWS

Watch out for the below mentioned stocks in news which are likely to be on spotlight for today the 21-February-2025 : - Quality Power Electrical Equipments: The energy transition equipment maker will make its debut on Dalal Street on Friday, February 21 after it raised Rs 858.70 crore via IPO between February 14-18 for Rs 425 apiece. The issue was overall booked 1.26 times during the bidding. Mahindra and Mahindra: The auto company will invest in its subsidiaries M&M Financial Services and Mahindra Lifespace Developers via a rights issue. On February 13, M&M Financial Services received approval from the Board to raise funds up to Rs 3,000 crore via a rights issue, and Mahindra Lifespace Developers up to Rs 1,500 crore via a rights issue. Tata Steel: The Tata Group's metal major has acquired 191.08 crore ordinary equity shares of T Steel Holdings Pte (TSHP) for $300 million (Rs 2,603.16 crore). Following this acquisition, TSHP will continue to be a wholly owned subsidiary of the company. Cipla: The pharma major has received final approval from the USFDA for its new drug application submitted for Nilotinib capsules (50 mg, 150 mg, and 200 mg), used for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia (CML). The product is expected to be launched in FY 2025-26 in the United States.

M&M
TATASTEEL
CIPLA

#WatchOutFor#StockInNews#FundamentalViews#EquityResearch#PsychologyofMoney
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