Stocks to Watch Today: Waaree, ABB, RailTel | February 20

Stocks to Watch Today on February 20 featuring Waaree Energies, ABB India and RailTel amid earnings and infrastructure orders

Stocks to Watch Today on February 20 are driven by large-scale renewable energy investment discussions, quarterly earnings announcements, rail infrastructure partnerships, banking rate revisions, regulatory updates, and significant institutional transactions. As the share market today opens, investors are closely monitoring corporate disclosures across capital goods, energy storage, automotive, financial services, and pharmaceuticals.


Share Market News – Highlights


Renewable Energy & Battery Manufacturing Plans

Waaree Energies remains in focus after discussions with the Government of Andhra Pradesh and other states regarding the establishment of a proposed greenfield lithium-ion advanced chemistry cell manufacturing facility. The company had earlier approved an increase in capacity from 3.5 GWh to 20 GWh, along with additional capital expenditure of approximately ₹8,000 crore through its wholly owned subsidiary focused on energy storage solutions.

The developments place the renewable energy storage segment among today’s stocks to watch out today, particularly as battery manufacturing capacity expansion aligns with domestic clean energy initiatives.

Quarterly Earnings Performance

ABB India reported its fourth quarter results for calendar year 2025, with revenue rising 5.7 percent year-on-year to ₹3,557 crore. However, consolidated net profit declined 18.1 percent to ₹433 crore compared to ₹528.4 crore in the same period last year.

CIE Automotive India delivered improved financial performance during the quarter, reporting a 10.4 percent increase in consolidated net profit to ₹204.3 crore. Revenue grew 13.4 percent year-on-year to ₹2,393 crore, reflecting operational momentum within the automotive components segment.

These earnings announcements are among the key triggers influencing stocks to watch today for intraday developments.

Rail & Infrastructure Developments

Texmaco Rail & Engineering signed a Joint Venture Shareholders’ Agreement with Rail Vikas Nigam Limited (RVNL) to jointly develop next-generation rolling stock manufacturing capabilities and expand global rail engineering procurement and construction activities.

RailTel Corporation of India secured a Letter of Acceptance valued at ₹35.54 crore for a railway signalling project, to be completed within 24 months. Additionally, Pace Digitek received an advance Letter of Award worth approximately ₹89 crore from RailTel for the supply, installation, and commissioning of IP-based video surveillance systems in LHB coaches. The contract includes warranty and long-term maintenance provisions.

GHV Infra Projects obtained a Letter of Award worth around ₹123 crore for rooftop solar projects covering more than 14,000 beneficiaries, with execution timelines set at 120 days.

Banking & Financial Updates

Karur Vysya Bank revised its Marginal Cost of Funds-Based Lending Rates (MCLR), reducing the one-year rate to 9.10 percent from 9.20 percent and lowering the six-month rate as well. The one-month and three-month tenures were also revised downward.

Federal Bank received income tax refund orders aggregating approximately ₹686 crore, including interest, relating to assessment years from 2011-12 to 2013-14.

Pharma & Regulatory Developments

Zydus Lifesciences concluded a pre-approval inspection conducted by the USFDA at its injectable medical devices facility in Ahmedabad with nil observations, according to exchange disclosures.

Novartis AG entered into an agreement to divest its 70.68 percent stake in Novartis India to a consortium comprising WaveRise Investments, ChrysCapital Fund X, and Two Infinity Partners. The transaction involves the sale of 1.74 crore shares.

Corporate Actions & Capital Decisions

UPL’s Rights Issue Committee approved the forfeiture and cancellation of partly paid-up equity shares following non-payment of call money.

Exato Technologies received an export order worth approximately $0.24 million from a UK-based client for software license supply.

Bulk & Institutional Transactions

In Esab India, Nippon India Mutual Fund acquired 4.11 lakh shares, representing 2.67 percent of paid-up equity, for ₹226.1 crore at ₹5,500 per share. Correspondingly, SBI Mutual Fund divested an equivalent quantity at the same price.

Religare Enterprises witnessed a stake reduction by D S Trust, which sold shares amounting to 0.5 percent of paid-up equity through a market transaction.

Companies Announcing Results Today

McNally Bharat Engineering Company, Benara Bearings and Pistons, RRP Defense, and SRU Steels are scheduled to release their quarterly earnings during the session.

Market Context

The share market today is influenced primarily by corporate-level developments, including battery manufacturing expansion plans, quarterly earnings results, infrastructure partnerships, rate revisions in the banking sector, regulatory clearances, and institutional portfolio adjustments.

Additionally, multiple stocks to watch today, like Alkem Laboratories, Power Finance Corporation, IRCTC, Kirloskar Oil Engines, and others, are trading ex-dividend, while Titan Biotech trades ex-date for stock split. SAIL and Sammaan Capital remain on the F&O ban list.

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