Stocks to Watch on February 27, 2025: Wipro, SpiceJet, Tata Power and More in Focus

As of 7:39 AM, GIFT Nifty futures were up 23.50 points at ₹22,588.50. In the previous session, the BSE Sensex gained 147.71 points (0.20%) to close at 74,602.12, while the NSE Nifty50 declined by 5.80 points (0.03%) to settle at 22,547.55.

Here are key stocks to watch today:

SpiceJet

Budget carrier SpiceJet has reported a profit after tax (PAT) of ₹26 crore in Q3 FY25, marking a turnaround from a loss of ₹300 crore in the same period last year. The airline’s total revenue surged 35% year-on-year to ₹1,651 crore, driven by higher passenger demand, improved pricing, and operational efficiencies.

Wipro

Wipro has announced a $200 million investment in its venture arm, Wipro Ventures, as part of its latest funding round aimed at accelerating support for early- to mid-stage startups. This marks the fourth round of investment since Wipro Ventures was established in 2015.

Infosys

Infosys has introduced an open-source Responsible AI toolkit to address risks and ethical concerns associated with AI adoption. Part of the Infosys Topaz Responsible AI Suite, the initiative aims to help enterprises innovate responsibly while mitigating potential ethical challenges in AI implementation.

Bharti Airtel 

Bharti Airtel confirmed on Wednesday that it is in discussions with the Tata Group regarding a potential merger of Tata Play with its direct-to-home (DTH) subsidiary, Bharti Telemedia. In an exchange filing, Airtel stated that it is exploring a possible transaction to combine Tata Play with Bharti Telemedia in a structure agreeable to all parties involved.

KPI Green Energy

KPI Green Energy announced that its parent company, KP Group, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to develop 1.8 GW of renewable energy projects in the state.

UltraTech Cement

UltraTech Cement’s board has approved the implementation of the demerger scheme involving Kesoram Industries, effective March 1, 2025. As part of the scheme, UltraTech will issue one equity share of ₹10 each for every 52 equity shares of ₹10 each held by Kesoram’s shareholders as of the record date.

Adani Green Energy

Adani Green Energy has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation (UPPCL) for developing a 1,250 MW energy storage capacity through pumped hydro storage projects (PSP).

Tata Power 

Tata Power has signed a Memorandum of Understanding (MoU) at Advantage Assam 2.0 to advance its commitment to renewable energy and sustainable development in the state. The company plans to invest ₹30,000 crore to develop renewable energy projects with a capacity of up to 5,000 MW in Assam.

Conclusion

India’s business landscape is undergoing a dynamic shift with strategic investments, financial recoveries, and technological advancements. SpiceJet’s profitability, Wipro’s $200 million venture boost, and Infosys’ AI innovation highlight growth and digital transformation across sectors.

Meanwhile, Tata Power, Adani Green, and KPI Green Energy drive renewable expansion, reinforcing sustainability efforts. The potential Tata Play-Bharti Telemedia merger and UltraTech Cement’s demerger reflect ongoing consolidation, shaping the corporate ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.