Stocks To Watch, February 18: Infosys, BHEL, Dilip Buildcon, Dabur India, Ola Electric, Netweb Technologies, G R Infraprojects

Karin Gilges, the current chief financial officer (key managerial personnel) of the company, has tendered her resignation from the said position with effect from the close of business hours on May 31, 2026.

In a regulatory filing, post-market hours on February 17, the company said that it received the contract for the construction of the flood protection embankment on the Narmada River in Gujarat’s Bharuch District.

Under the general contract, the Bhopal-based firm is expected to execute the project in 24 months in Engineering, Procurement and Construction (EPC) mode.

Under the contract, G R Infraproject will be responsible for “earthwork, minor bridges, major bridges, important bridges, viaducts, ROB (RCC Box Type), RUB/LHS, station building, tunnels, track work and other miscellaneous works in connection with the Sidhi-Singrauli new rail link project in the state of Madhya Pradesh.”

The project is expected to be completed in 900 days from the date of appointment, the Udaipur-based firm stated.

The company, in a statement, said the framework, powered by its Infosys Topaz suite, will help enterprises unlock AI value at scale and move from experimentation to enterprise-wide AI operating models.

Jefferies is positive on Infosys, highlighting the company’s strong positioning in the AI space.

The global financial services firm noted that Infosys has developed its AI platform, Infosys Topaz Fabric, and is jointly going to market with partners across the AI ecosystem. The company has also adopted a two-pronged talent strategy aimed at capturing emerging AI-driven demand while strengthening its existing service lines simultaneously.

Client adoption of AI solutions is accelerating, with new AI-led services contributing nearly 5.5% of revenues in Q3 FY26. Notably, around 90% of Infosys’s top 200 large clients are currently using its AI services, underscoring growing traction.

Rajasthan Gramin Bank AGM Abhimanyu Charan exchanged documents with Ashok Leyland’s Head of LCV Business, Viplav Shah, in the presence of the bank’s Chairman Mukesh Bhartiya.

Under the partnership, Rajasthan Gramin Bank will offer comprehensive financing solutions to Ashok Leyland customers, the company said in a press release.

The Memorandum of Understanding (MoU) between the two entities will enable Chennai-headquartered Ashok Leyland and Rajasthan Gramin Bank to offer customised financial products tailored to commercial vehicle buyers.

“The signing of this hotel, the first SeleQtions in Bengaluru, will cater to this growth and expand our brandscape in this key lodging market. We are delighted to partner with BABA Developers for this project,” IHCL Executive Vice President of Real Estate and Development Suma Venkatesh said in a statement.

With the addition of this hotel, IHCL will have 20 hotels in Bengaluru, including 11 under development.

The car market leader has already commenced the exports of the all-new mid-sized electric SUV to various markets. Along with parent Suzuki Motor Corporation, the company aims to sell the car in over 100 nations globally.

"This month holds great significance. 45 years ago, this was the month Maruti was incorporated with the prime objective to put India on wheels. We took small baby steps, and slowly those tiny steps began to shape something extraordinary today. Today, in the same month of February, we are getting ready to embark on a journey of transformation that will redefine the auto industry," Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Partho Banerjee told reporters at a virtual press conference.

The collaboration, which also covers Eternal's Feeding India initiative and AI-native venture Nugget, will focus on AI deployments across Eternal's apps and underscores the growing role of AI in India's digital commerce sector.

Eternal will also work with OpenAI's Enterprise API platform to explore new ways customers and partners interact with its platforms, deploy advanced AI tools within partner applications, and integrate advanced coding models into its in-house AI orchestration platform, it said in a statement.

Eternal is strengthening AI infrastructure across its consumer and enterprise platforms, building AI as foundational infrastructure across its commerce ecosystem.

In its press release dated February 18, Netweb announced a new class of AI computing for India with the launch of Tyrone Camarero Spark, which is one of the world’s smallest AI supercomputers, delivering NVIDIA’s AI stack in a compact desktop form factor.

It combines NVIDIA Blackwell GPUs, NVIDIA Grace CPUs, NVIDIA Networking, NVIDIA CUDA-X libraries, and NVIDIA AI software stack, accelerating agentic and physical AI development to address the requirements of millions of AI developers in India.

Brent crude futures declined $1.23, or 1.8%, to settle at $67.42 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude fell 56 cents, or 0.9%, to close at $62.33 a barrel.

Additionally, the Hon’ble Court observed that the Commission exceeded its jurisdiction under the Consumer Protection Act in issuing the warrant. The company requests that due note be taken of the aforesaid factual legal position.

It has elevated the incumbent, Mohit Malhotra, as Global Chief Executive Officer of the Company, according to a regulatory filing by the Burman family-promoted entity.

Bhalla’s appointment will be effective from April 15, or such other date as may be agreed between them, and he will report to Malhotra, Dabur added.

Malhotra’s redesignation as Whole Time Director & Global Chief Executive Officer is with immediate effect from Tuesday.