Stocks to Watch on February 28, 2025: Tata Power, LIC, RVNL and More in Focus

As of 8:20 AM, GIFT Nifty futures were down by 34 points at ₹22,521. In the previous session, the BSE Sensex rose by 10.31 points, to 74,612.43, while the NSE Nifty50 ended flat at 22,545.05.

Here are key stocks to watch today:

Tata Power 

Tata Power Renewable Energy Ltd’s (TPREL) subsidiary, TP Solar Ltd, has secured a contract from the Solar Energy Corporation of India (SECI) to supply 292.5 MWp domestic content requirement (DCR) solar modules under the CPSU Scheme Tranche-III. The contract, valued at approximately ₹632 crore.

Coal India

Coal India, the coal mining giant has introduced a uniform levy of ₹300 per tonne across all mines under its subsidiary, Northern Coalfields Ltd (NCL). Effective May 1, 2025, this “Singrauli Punarasthapan Charge” is expected to generate an additional ₹3,877.50 crore in revenue, being imposed over existing coal prices.

GE Power

GE Power has bagged an additional contract worth ₹273.5 crore from GREENKO KA01 IREP Private Ltd. This agreement, part of the Saundatti Hydro Project in Belagavi, Karnataka, involves engineering, manufacturing, procurement, supply, installation, and testing of electromechanical equipment.

LIC

LIC, the state-owned insurance major has received a GST demand order worth ₹479.88 crore from Mumbai’s Deputy Commissioner of State Tax for the financial year 2020-21. The demand includes ₹242.23 crore in GST, ₹213.43 crore in interest, and ₹24.22 crore as a penalty.

Transrail Lighting

Transrail Lighting announced securing new orders worth ₹2,752 crore, primarily in the transmission and distribution (T&D) segment. The firm also disclosed plans to establish a new manufacturing unit to cater to rising demand, with an order book currently standing at ₹10,300 crore and an additional ₹3,400 crore in potential contracts.

HCLTech

HCLTech has signed a strategic agreement with Children’s Minnesota, a leading non-profit pediatric health system in the US. The company will implement AI-driven operational solutions to enhance service efficiency and patient care through its HCLTech AI Force platform.

Conclusion

The stock market on February 28, 2025, is set to be influenced by key developments in companies like Tata Power, LIC, Coal India, and HCLTech. Major contracts, regulatory challenges, and strategic partnerships are shaping investor sentiment.

While these stocks may see movement, market participants should conduct thorough research before making investment decisions.

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.