Stocks To Watch, Feb 27: Coforge, Netweb Tech, Vishal Mega Mart, Hindalco, SpiceJet, Authum, NBCC, Brigade Enterprises

“The company has, today, subscribed to and has been allotted 33,571,923 equity shares of Rs. 10/- each of Jio Credit Limited ('JCL'), a wholly owned subsidiary (non-banking financial company), for cash at a premium of Rs. 585.70 per equity share, aggregating ₹1,999.88 crore,” Jio Financial Services said in a regulatory filing.

The firm further stated that it will utilise the amount to fund its business operations.

As part of the partnership, Coforge will act as VHC Health’s end-to-end transformation partner across infrastructure, cloud, digital workplace, and cybersecurity services.

The scope includes enhancing the caregiver and clinician experience, exiting legacy data centres and migrating to AWS, transforming the network, and enabling hi-trust security to strengthen VHC Health’s overall cyber resilience.

"These efforts are designed to facilitate long-term, scalable digital transformation in alignment with clinical and operational priorities," the press release said.

In a regulatory filing dated February 26, the real estate developer stated that the projects will have a total gross development value (GDV) of ₹750 crore.

At present, no definitive timeline is available for the conclusion of the shutdown, and accordingly, the CFIUS review and the related transaction remain temporarily halted.

The firm added that two out of three projects will be integrated within larger township developments, offering “greater inclusivity” and access to shared social infrastructure and amenities.

The firm will hold a board meeting on Monday, March 9, 2026, to consider the declaration of a second interim dividend to the shareholders for the financial year 2025-26.

"…. The record date for determining the entitlements of the shareholders for the payment of the aforesaid second interim dividend shall be Friday, 13th March, 2026, subject to the approval of the second interim dividend by the Board of Directors,” IRFC said in a regulatory filing.

In its filing to stock exchanges, IOCL said that a meeting of the Board of Directors is scheduled on Friday, March 6, 2026, wherein the Board of IndianOil will consider the declaration of a 2nd interim dividend for the financial year 2025-26.

NVIDIA shares fell more than 5%, even after the chip giant posted a fourth-quarter earnings and revenue beat. The stock suffered its worst day since April. Other chip stocks such as Broadcom, Lam Research, Western Digital, and Applied Materials also slid.

As regards Indian IT companies, ADRs ended higher. Infosys' ADRs ended over 3% higher, while Wipro's ADRs were up over 2%.

The floor price for the block deal has been fixed at ₹115 per share, implying a 9.8% discount to the prevailing market price, the report added. The shares sold under the block deal will be subject to a 150-day lock-in period.

The MoU establishes a collaborative framework to assess the feasibility of gasification of coal from GMDC’s coal blocks in Odisha and lignite from its mining operations in Gujarat.

Commenting on the same, Rahul Katyal, managing director, said, “We are thrilled to have been entrusted by our valued client, Raymond Realty Limited, with this repeat order. This reinforces our strong partnership and reflects our continued commitment to delivering exceptional service."

The acquisition represents nearly 6.80% of SpiceJet’s paid-up share capital. Of this, 4.37 crore equity shares — equivalent to about 2.86% of the paid-up capital — continue to remain in Authum’s dematerialised account as ongoing security.