Stocks to watch, February 18: LIC, Paytm, ABB India, Vedanta, Bharti Airtel, GMR Airports, SBI Card, and more

At 8:03 AM, the GIFT NIFTY futures were trading at 23,003.50, down 23.50 points, or 0.10%. This suggests that the NIFTY50 index will open 23 points lower.

The company had a net profit of ₹345 crore in the quarter ended December 2023, a company statement said.

Revenues increased to ₹3,365 crore in the reporting quarter from ₹2,757 crore in the same period a year ago.

a. Rack Rental Business (Co-location Data Center);

b. Cloud Services

The plan needs approval from a majority representing three-fourths in debt value of the creditors present at the meeting to be implemented.

The floor price for the transaction has been set at ₹1,659 per share, representing a 1% discount to the current market price. The deal is valued at approximately ₹7,800 crore and is expected to take place in the block window, they told NDTV Profit on the condition of anonymity.

Jefferies is acting as the merchant banker for the transaction.

Developed over three years as an internal tool, Nugget currently handles over 15 million support interactions per month across Zomato, Blinkit, and Hyperpure, the company said in a regulatory filing. Zomato has now opened the platform to businesses worldwide, it added.

CFS stands for container freight station.

A TEU (twenty-foot equivalent unit) is a measure of volume in units of twenty-foot-long containers.

The product's name is LIC’s Smart Pension.

The appointment of Pande, who has been nominated by State Bank of India, will be for a period of two years, SBI Card said in a filing to the BSE.

The board has approved the appointment of Pande pursuant to the superannuation of Abhijit Chakravorty from the services of State Bank of India from March 31, 2025, it said.