The equity benchmark indices were trading negative in the late morning deals on Thursday, February 20.
At 12:30 PM, the S&P BSE SENSEX was trading at 75,730.99 levels, falling 208.19 points, or 0.19%, while the NSE's NIFTY50 index was trading at 22,896.7, down 36.20 points, or 0.16%.
Here is a list of stocks that are buzzing in today's trade.
Waaree Energies: Shares of Waaree Energies gained as much as 4.44% to ₹2,319 apiece on the NSE on Thursday, February 20, as the company on Wednesday said it has bagged an order from a domestic entity to supply solar PV modules of 362.5 MWp capacity.
The company did not disclose the name of the company that placed the order.
"The company has today received an order for the supply of solar modules for 362.5 MWp from a renowned customer engaged in the business of owning, developing, and operating renewable power projects in India," Waaree Energies said in a regulatory filing.
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ITC & Godfrey Phillips: Shares of tobacco makers tumbled almost 4% during the morning trade on Thursday, February 20, amid reports of GST increasing on cigarettes and tobacco products.
According to an Economic Times report, the government could consider raising goods and service tax (GST) on cigarettes and other tobacco products once it stops levying a compensation cess on these items.
Shares of ITC tumbled as much as 1.56% during the intraday trade to ₹400.15 apiece on BSE. Meanwhile, shares of the Four-Square maker Godfrey Phillips slipped 6.07% at 12:30 PM to ₹6,162.05 apiece on BSE.
Vedanta: Vedanta Ltd has received approval from its shareholders and creditors for its proposal to demerge the company into five independent, sector-specific companies, according to a stock exchange filing by the company.
The demerger was approved by 99.99% of shareholders, 99.59% of the secured creditors, and 99.95% of unsecured creditors of Vedanta Limited who voted in favour of the demerger, as per the stock exchange filing made by the company.
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Vedanta Limited shares are currently trading in the green, up 1.38% at ₹429.25 apiece on the BSE.
BSE: Shares of BSE Ltd, one of the oldest stock exchanges in Asia, rose as much as 2.78% to ₹5,788 apiece on the NSE on Thursday as data showed that Goldman Sachs bought the company's shares worth ₹401 crore on Wednesday through an open market transaction.
According to the bulk deal data available on the National Stock Exchange (NSE), US-based Goldman Sachs, through its arm Goldman Sachs (Singapore), purchased 7.28 lakh shares of BSE Ltd.
IREDA & Tata Technologies: Shares of the Indian Renewable Energy and Development Agency (IREDA) rose over 2% on Thursday, February 20, after the National Stock Exchange notified that it would introduce derivatives contracts for the two stocks from February 28.
“The futures and options contracts on the following securities would be available for trading w.e.f. February 28, 2025, subject to fulfilment of eligibility criteria of the Quarter Sigma computation cycle of February 2025,” NSE said in a statement.
Shares of IREDA gained 1.7% to ₹173.1 apiece on BSE on Thursday intraday. Meanwhile, at 11:10 AM, Tata Technologies was trading 2.2% higher at ₹745.8 apiece on the 30-share index.
HFCL: Shares of HFCL are likely to be in focus on Thursday, February 20, after it signed an agreement with BSNL for a ₹2,5103 crore project.
Domestic telecom gear maker became the first company to sign an agreement with BSNL as the Project Implementation Agency under the BharatNet Phase-III Programme for executing a project worth ₹2,501.3 crore in the Punjab Telecom Circle. The company will now take immediate steps to commence project implementation.
Shares of HFCL advanced 1.26% during the intraday trade to ₹89.89 apiece on BSE.
RITES: Shares of RITES jumped 4.5% after it signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organisation that is a subordinate office of the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti.
This collaboration entails engineering consultancy services and research and development projects in water resources, marine, and inland waterways infrastructure.
During the day’s trade, RITES shares were trading 3.07% higher at ₹219.7 apiece on BSE.
NTPC: State-owned NTPC share price continued to extend gains for the second consecutive day after the company won project to build 30 gigawatts of nuclear power capacity over the next two decades.
According to a Reuters reports, this is three times more than expected, at a cost of $62 billion.
During the intraday trade, NTPC shares were trading 3.3% higher at ₹325.1 a piece on BSE.
JSPL: Shares of Jindal Steel and Power Limited (JSPL) gained nearly 2% on Thursday after its promoters raised stake in the metal company.
At 12:00 PM, the shares of JSPL were trading 1.42% higher at ₹872.35 apiece on the NSE. The stock had slipped to a 52-week low of ₹723.95 on January 31, 2025, however, it rebounded well thereafter, gaining more than 20%.
On February 19, 2025, the company disclosed to the exchanges that Jindal Power has acquired a total of 3,76,579 equity shares of Jindal Steel & Power Limited on February 17, 2025, which means another 0.03% stake addition by JPL. As per the release Jindal Power Limited & List of PAC have acquired the shares and disclosed that the Acquirer is a part of the Promoter group of the Target Company.
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