6 min read | Updated on February 26, 2026, 08:25 IST
SUMMARY
Stocks To Watch: Analysts at BofA Securities note that the ₹529 crore fraud will likely impact CASA growth, cost of funds, and opex. "We believe that this incident presents risk to CASA growth in the near term due to risk of deposit outflow based on news and de-empanelment by any other government account, along with a one-time P&L impact of ₹590 crore."
The GIFT NIFTY futures suggest that the NIFTY50 index will open 43 points higher. Image: Unsplash
Stocks To Watch: The domestic equity market is expected to open in the green on Thursday, February 26. The GIFT NIFTY futures suggest that the NIFTY50 index will open 43 points higher.
Here is a list of stocks that may remain in focus today.
IRFC: The government's 2% share sale offer in Indian Railway Finance Corporation Ltd (IRFC) failed to get full subscription from institutional investors on Wednesday.
Institutional investors placed bids for over 22.34 crore IRFC shares, which is 94.98% of the over 23.52 crore shares reserved for them in the offer for sale (OFS).
Following this, the company said that the promoter has decided not to exercise the greenshoe option of up to 2%.
At an indicative price of ₹104.12 apiece, institutional investors put in bids for about ₹2,326 crore.
Retail investors will bid in the share sale on Thursday.
IT stocks: Indian IT stocks will continue to be on investors' radar. Sanjiv Puri, the chairman and managing director of the diversified group ITC, on Wednesday termed the sharp corrections in information technology stocks an "overreaction" by investors.
Underlining that technology has always played an enabling role, Puri said the company, with its genesis in the tobacco business and diversifying into sectors such as hospitality, FMCG and also IT services, uses AI for productivity and efficiency purposes.
"The market had a lot of overreactions. It has created a lot of overreactions," Puri told reporters on the sidelines of the annual NTLF event organised by the IT industry's lobby grouping Nasscom.
Besides, NVIDIA reported better-than-expected results for its fiscal fourth quarter on Wednesday, driven by a 75% surge in revenue from its core data centre business.
The company’s total revenue rose 73% year-on-year to $39.3 billion. More than 91% of its overall sales now come from the data centre segment, which houses its market-leading artificial intelligence chips.
Data centre revenue stood at $62.3 billion for the quarter, surpassing StreetAccount estimates of $60.69 billion.
Net income nearly doubled to $43 billion, or $1.76 per share, compared with $22.1 billion, or 89 cents per share, in the year-ago period, the company said in a press release.
Waaree Energies, Vikram Solar: Domestic solar companies Waaree Energies, Vikram Solar, and Premier Energies witnessed a steep fall in their share prices on Wednesday, February 25, after the US announced a preliminary countervailing duty of 125.87% on imports of certain Indian solar goods, alleging that these products are unfairly subsidised.
However, these companies said the US decision to impose countervailing duties on certain solar goods from India will have a limited impact on them. READ MORE
Home First Finance: The company is likely to see a block deal today. According to news reports, the housing finance company is expected to witness a block deal with promoters selling some of their stake. According to reports, True North is preparing to sell its stake. The offer price range has been set at ₹1246.8 to ₹1185 per share, representing a 0% to 5% discount to the NSE closing price on February 25, 2026. The stock closed at ₹1,246 on Wednesday, up over 3%.
IDFC First Bank: Analysts at BofA Securities note that the ₹529 crore fraud will likely impact CASA growth, cost of funds, and opex. "We believe that this incident presents risk to CASA growth in the near term due to risk of deposit outflow based on news and de-empanelment by any other government account, along with a one-time P&L impact of ₹590 crore."
Pressure on CASA is likely to result in an elevated cost of funds and a slight impact on loan growth. We also expect an increase in opex growth driven by higher risk management and compliance-related costs, they note.
BofA Securities has cut its loan growth estimates for FY27/28 by 1-2% and deposit growth by up to 3%.
E2E Networks: E2E Networks Ltd on Wednesday (February 25) announced the launch of a Qualified Institutional Placement (QIP) of equity shares with a face value of ₹10 each.
The floor price for the QIP has been set at ₹2,630.60 per equity share, with the company permitted to offer a discount of up to 5% in consultation with the appointed lead manager.
SBI Life: The company has declared an interim dividend of ₹2.70 per equity share with a face value of ₹10. The interim dividend for the financial year 2025-26 will be paid to those shareholders whose names appear in the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares determined with reference to the Record Date of Friday, March 06, 2026. It will be paid to the shareholders on or before Friday, March 27, 2026.
Zydus Life Sciences: Zydus Lifesciences Limited (including its subsidiaries/affiliates, hereafter referred to as “Zydus”) plans to launch Semaglutide Injection under the brand names SEMAGLYNTM, MASHEMATM, and ALTERMETM upon Semaglutide patent expiry in India. The Drug Controller General of India (DCGI) had earlier provided its approval for manufacturing and marketing the semaglutide injection for the treatment of type 2 diabetes mellitus and obesity.
LT Foods: The company informed exchanges that the US Department of Commerce, through its final order dated February 23, 2026, has significantly revised the countervailing duty (CVD) rate applicable to Ecopure’s exports of organic soybean meal to the United States. The duty rate has been reduced from 340.27% to 75.48% pursuant to the final determination issued in the Administrative Review.
Ecopure is a step-down subsidiary of the company.
Gravita India: The company's board has given the approval for raising funds through issuance and allotment of equity shares having a face value of ₹10 (‘Equity Shares’) for an aggregate amount not more than ₹70 crore on a rights issue basis.
RVNL: The company has received two work orders from NMDC. The combined cost of the projects is ₹656.21 crore.
Sanofi India: The company reported its Q3 FY26 earnings on Wednesday. The company's board has recommended a final dividend of ₹48 per equity share of face value ₹10 each for the financial year ending December 31, 2025, subject to shareholder approval at the ensuing 70th Annual General Meeting.
Besides, the board has approved Rajani Kesari as an additional director and independent director of the company for a term of five years, with effect from April 1, 2026. She shall hold office as an Additional Director up to the date of the ensuing 70th Annual General Meeting (AGM).
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Swati Verma is a business journalist with 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.
