Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries 

Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries  Stocks to... The post Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries  appeared first on Stock Investor.

Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries 

Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries 

Stocks to watch on February 23rd: On Monday, both Sensex and Nifty reported a bullish trend in the stock market after bearish reports in the last five sessions of the market. The Sensex is trading above 50,000 levels and nifty trading above 14,700 levels in the stock market. The Sensex gained 265.17 points with a 0.53% increase and reached 50,014.06 levels. While the nifty gained 87.85 points with a 0.63% increase and reached 14,767.85 levels.

On the other side, the number of coronavirus cases in India on Tuesday, February 23rd reached 1,10,05,850 with almost 1,56,385 deaths.

Reliance Industries Limited: On Monday, the company decided to demerge its Oil-to-Chemical (O2C) business into an independent subsidiary. However, the company will hold almost 49.14% stakes in the O2C business after reorganization. 

However, the shares of Reliance Industries Limited on Tuesday reported a bullish trend in the stock market. It gained 33.60 points with a 1.67% increase and reached 2,041.60 INR. While in BSE, the company gained 32.40 points with a 1.61% increase and reached 2,039.80 INR.

Page Industries Limited: The board members appointed V.S. Ganesh as a new Executive Director & Chief Executive Officer of the company effective from June 1st, 2021.

However, the shares of Page Industries Limited on Tuesday reported a bullish trend in the stock market. It gained 357.20 points with a 1.30% increase and reached 27,880.00 INR. While in BSE, the company gained 307.10 points with a 1.11% increase and reached 27,866.70 INR.

Savita Oil Technologies Limited: The company board approved the buyback of almost 2,51,000 fully paid-up equity shares with a face value of Rs. 10 each.

However, the shares of Savita Oil Technologies Limited on Tuesday reported a bearish trend in the stock market. It lost 13.80 points with a 1.23% decrease and reached 1,090.25 INR. While in BSE, the company lost 20.75 points with a 1.88% decrease and reached 1,083.40 INR.

Bharti Airtel Limited: The company decided to meet global investors on or after February 23rd, 2021 for issuing foreign currency bonds.

However, the shares of Bharti Airtel Limited on Tuesday reported a bullish trend in the stock market. It gained 4.70 points with a 0.82% increase and reached 575.00 INR. While in BSE, the company gained 4.20 points with a 0.74% increase and reached 574.90 INR.

APL Apollo Tubes Limited: The company on Monday allots commercial papers to ICICI Prudential Ultra Short Term Fund worth Rs. 75 crores.

However, the shares of APL Apollo Tubes Limited on Tuesday reported a bullish trend in the stock market. It gained 1.80 points with a 0.19% increase and reached 948.80 INR. While in BSE, the company gained 1.85 points with a 0.20% increase and reached 948.85 INR.

UPL Limited: A major fire accident happened in its Jagadia unit, which is in shutdown condition.  

However, the shares of UPL Limited on Tuesday reported a bearish trend in the stock market. It lost 15.10 points with a 2.80% decrease and reached 524.65 INR. While in BSE, the company lost 16.95 points with a 3.14% decrease and reached 522.80 INR.

Vedanta Limited: On, Monday, GR Arun Kumar resigned for the whole-time director and Chief Financial Officer of the company.

However, the shares of Vedanta Limited on Tuesday reported a bullish trend in the stock market. It gained 4.15 points with a 2.03% increase and reached 208.40 INR. While in BSE, the company gained 5.05 points with a 2.48% increase and reached 208.80 INR.

Bharat Forge Limited: The company made an agreement with Paramount Group for the production of vehicles in India. 

However, the shares of Bharat Forge Limited on Tuesday reported a bullish trend in the stock market. It gained 10.00 points with a 1.70% increase and reached 598.55 INR. While in BSE, the company gained 10.30 points with a 1.75% increase and reached 598.50 INR.

Top Gainers on February 23rd: ONGC, Tata Motors, GAIL India, BPCL, and Hindalco Industries are the top gainers in today’s stock market.

Top Losers on February 23rd: UPL, Asian Paints, Kotak Mahindra Bank, Bajaj Auto, and NTPC are the top losers in today’s stock market.

The post Stocks to watch on February 23rd: Reliance, Bharti Airtel, UPL, Vedanta, Page Industries  appeared first on Stock Investor.

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