Stocks to Watch Today: Novartis India, ABB, CIE Automotive, GHV Infra Projects, Pace Digitek, RailTel, Texmaco, Zydus Life in focus on 20 February- Grow Mudra

Stocks to Watch Today: Novartis India, ABB, CIE Automotive, GHV Infra Projects, Pace Digitek, RailTel, Texmaco, Zydus Life in focus on 20 February

20 Feb , 2026 By : Debdeep Gupta

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

McNally Bharat Engineering Company, Benara Bearings and Pistons, RRP Defense, and SRU Steels will announce their quarterly earnings today.

Quartery Earnings

ABB India Q4CY25 (Consolidated YoY)

Profit sinks 18.1% to Rs 433 crore Vs Rs 528.4 crore

Revenue grows 5.7% to Rs 3,557 crore Vs Rs 3,364.9 crore

CIE Automotive India Q4CY25 (Consolidated YoY)

Profit increases 10.4% to Rs 204.3 crore Vs Rs 185 crore

Revenue jumps 13.4% to Rs 2,393 crore Vs Rs 2,110 crore

Stocks to Watch

Novartis India

Promoter Novartis AG has entered into an agreement for the sale of its 70.68 percent stake in its Indian subsidiary, Novartis India, to WaveRise Investments, ChrysCapital Fund X, and Two Infinity Partners. As part of the deal, these acquirers have agreed to purchase 1.74 crore shares of Novartis India from Novartis AG.

GHV Infra Projects

The company has received a Letter of Award (LoA) from Enmas EPC Power Projects (JV) for the supply of all materials required for 28.83 MWp grid-connected Rooftop Solar (RTS) plants for 14,416 SC and ST consumers, along with the installation, testing, and commissioning of the RTS plants for each of these consumers (in association with EEPC JV).

The work order, as per the LoA, is valued at approximately Rs 123 crore and is required to be completed within 120 days.

Waaree Energies

The company is in discussions with the Government of Andhra Pradesh and certain other state governments for setting up the proposed greenfield manufacturing facility.

In October 2025, it approved an increase in the manufacturing capacity of lithium-ion advanced chemistry storage cells and battery energy storage systems (BESS) from 3.5 GWh to 20 GWh, along with an additional capital expenditure of approximately Rs 8,000 crore in its wholly owned subsidiary, Waaree Energy Storage Solutions.

Texmaco Rail & Engineering

The company has signed a Joint Venture Shareholders’ Agreement with Rail Vikas Nigam (RVNL) to build India’s next-generation rolling stock powerhouse and expand its global rail EPC footprint.

Pace Digitek

The company has received an advance Letter of Award worth Rs 89 crore from RailTel Corporation of India for the supply, installation, and commissioning of an IP-based video surveillance system in LHB coaches. The contract includes a three-year warranty followed by five years of Comprehensive Annual Maintenance Contract (CAMC) for a RailTel customer (CoR) on a back-to-back basis.

RailTel Corporation of India

The company has received a Letter of Acceptance (LoA) for an order worth Rs 35.54 crore for a railway signalling project. The work is to be completed within 24 months from the date of the LoA.

Karur Vysya Bank

The bank has revised its one-year and six-month MCLR (Marginal Cost of Funds-Based Lending Rates) from 9.20 percent to 9.10 percent, effective February 22. The one-month and three-month MCLR have been revised to 8.95 percent from 9.05 percent.

Zydus Lifesciences

The US Food and Drug Administration (USFDA) conducted a Pre-Approval Inspection (PAI) for injectable medical devices at the company’s Unit 9 facility located at Zydus Biotech Park, Ahmedabad, during February 16–19. The regulator closed the inspection with nil observations.

Exato Technologies

The company has received an export order from Diligenta, Peterborough, England, for the supply of software licenses. The aggregate value of the order is $0.24 million.

Bulk Deals

Esab India

Nippon India Mutual Fund has acquired 4.11 lakh shares (equivalent to 2.67 percent of the paid-up equity) in Esab India for Rs 226.1 crore. Nippon Life India Trustee, through Nippon India Small Cap Fund, already held a 2.67 percent stake in the company as of December 2025.

However, SBI Mutual Fund has offloaded 4.11 lakh shares in Esab India for Rs 226.07 crore. The transaction price for both deals by Nippon India and SBI Mutual Fund was Rs 5,500 per share.

As of December 2025, SBI Retirement Benefit Fund – Conservative Plan, managed by SBI Funds Management, held a 9.26 percent stake in Esab India.

Religare Enterprises

D S Trust, which held a 1.02 percent stake as of December 2025, sold 16.8 lakh shares (equivalent to a 0.5 percent stake) in the company at Rs 218.48 per share, amounting to Rs 36.7 crore.

Stocks Trade Ex-Dividend

Alkem Laboratories

Power Finance Corporation

Indian Railway Catering and Tourism Corporation

Kirloskar Oil Engines

Rashtriya Chemicals and Fertilizers

Bombay Burmah Trading Corporation

Bhatia Communications & Retail (India)

Cantabil Retail India

DCW

Ddev Plastiks Industries

Firstsource Solutions