On Thursday, 2150 stocks advanced, 2137 declined, and 136 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 1.00, indicating a negative closing. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 59 securities advanced and closed at a new 52-week high, whereas 11 securities sank to close at their new 52-week lows. Nifty India, Nifty Defence and Nifty Energy were the biggest gainer. Nifty PSU Bank, Nifty Media and Nifty Infrastructure were the biggest loser.
Bosch Limited (+2.32%) will acquire Bosch Chassis Systems India (RBIC) from Robert Bosch Investment Nederland B.V. and Robert Bosch LLC for up to ₹9,068.68 crore, making RBIC a wholly owned subsidiary. RBIC, a tier 1 automotive safety systems supplier (ABS, ESC, airbag ECU, sensors), strengthens Bosch’s mobility strategy amid trends like electrification and autonomous vehicles. The board also approved issuing 1,230 equity shares at ₹35,200 each.
NTPC (+1.20%) signed a non-binding MoU with Électricité de France (EDF) to explore collaboration in nuclear power projects in India. The partnership will assess EDF’s EPR technology for Indian conditions, focusing on localization, tariff economics, HR training, and site feasibility. This aligns with NTPC’s strategy to diversify its energy mix towards 149 GW by 2032, including 60 GW renewables, while expanding into nuclear, e mobility, storage, and green hydrogen.
The CCEA has approved ₹26,069.50 crore investment for the Kamala Hydro Electric Project (1720 MW) in Arunachal Pradesh, led by NHPC (+0.53%). The project will generate about 6,870 MUs annually, with nine units (8×210 MW + 1×40 MW) and a 96 month completion timeline. Funding includes ₹4,743.98 crore for flood moderation, ₹1,340 crore for enabling infrastructure, and ₹750 crore central assistance for the state’s equity share.
KEC International (+1.87%) secured ₹2,518 crore in new orders across Civil, Transportation, T&D, and Cables divisions. Largest ever commercial real estate order from a leading Western India developer. JV order in Train Collision Avoidance System (Kavach), boosting rail safety. 400/132/66 kilo volts lines in Africa, substations globally, plus towers/hardware supply in Europe & Americas. Fresh domestic and international supply contracts, strengthening market presence.
SEBI (+0.70%) issued an Administrative Warning to Gujarat Mineral Development Corporation (GMDC) after probing suspected insider trading between Dec 2023 – Jan 2024. The regulator found GMDC’s 8 Jan 2024 press release on Surkha (N) Lignite Mine clearance lacked full compliance with disclosure norms. While carrying no monetary penalty, SEBI advised stricter disclosure standards, with no material impact expected.
RITES (+2.51%) amended its contract with NALCO, raising the value from ₹79.73 crore to ₹118.89 crore. The deal covers Detailed Engineering & PMC for railway siding at Sankerjang (Utkal D Coal Mines). Executed on a cost plus turnkey basis.
Coforge’s (-0.43%) launch of AI Mod Squads marks a shift from traditional T&M pricing to an outcome-driven subscription model. Clients can assemble custom AI-native teams powered by 130+ specialised agents, spanning industry workflows (fraud detection, claims triaging) and engineering tasks (legacy code reverse engineering, QA automation). Deployed on customer infrastructure or Coforge’s Forge-X platform, each squad balances AI autonomy with expert oversight, ensuring faster delivery, cost predictability, and accountability in high-stakes workflows.
Ashiana Housing (+1.66%) acquired a 28.55 acre land parcel in Vadgaon, Pune, its largest yet for senior living. The project will span 20 lakh sq. ft. saleable area, with an estimated ₹1,800 crore revenue potential.
BEML (+1.05%) and Delhi Metro Rail Corporation signed an MoU to jointly pursue rail and metro projects in India and abroad. The partnership will leverage both firms’ strengths to identify, bid, and execute projects, enhancing competitiveness in the sector.
BHEL (+4.33%) signed a Technology Collaboration Agreement with South Korea’s E2S Company for excitation systems in synchronous machines. The deal covers Static and Brushless Excitation Systems with Automatic Voltage Regulators, giving BHEL full design to deployment capability for India and overseas markets.
Mahindra & Mahindra approved the acquisition of a 26% stake in Neon Hybren Pvt Ltd for up to ₹11.17 crore by December 31, 2026. The move is compliance driven under Electricity Rules 2005, enabling M&M to offtake power from Neon Hybren’s upcoming 30 MW solar project in Punjab on a captive basis. Post transaction, Mahindra Susten’s holding will dilute to 74%, while M&M will directly hold 26%, keeping Neon Hybren a step down subsidiary within the group.
Dilip Buildcon (+1.04%) been declared L 1 bidder for the ₹268 crore Ged Barrage project on the Sabarmati River. The EPC contract spans design, construction, protection works, and allied activities, with a 24 month execution timeline plus 10 years of operation and maintenance (O&M).
Adani Green Energy (+1.45%) UAE arm (AGEL UAE) entered into a joint venture with Minerva Holding RSC Ltd, forming Minerva Renewables Holding RSC Limited. The JV will develop and operate renewable energy projects in India, with AGEL UAE holding up to 20%. Minerva, backed by EPointZero Holding (IHC PJSC’s energy arm), will appoint four directors, while Adani Green Energy will appoint one, reflecting a governance structure tilted towards Minerva’s operational control.
Anant Raj (-1.74%) signed a Supplementary Agreement with Destination Properties to update terms of their Gurugram housing collaboration. The project spans 5.0875 acres (Destination contributing 2.25 acres) under a revenue sharing model, with Anant Raj holding exclusive development, marketing, and sales rights. Revenue will be shared via a RERA compliant mechanism, with post completion reconciliation of unsold inventory, while Destination reimburses Anant Raj for TDR acquisition costs, subject to regulatory approvals.
Glenmark Pharma (-0.20%) received final U.S. FDA approval for its Progesterone Vaginal Inserts, 100 mg, found bioequivalent to Endometrin® by Ferring. The product, to be marketed in the U.S. by Glenmark Inc., strengthens its women’s healthcare portfolio with affordable access. Per IQVIA data (Feb 2026), the reference market size is ~$59.2 million annually, underscoring the commercial potential of this approval.
TCS (+1.16%) posted a strong Q4 FY26 with consolidated revenue up 5.4% QoQ to ₹70,698 crore and net profit surging 28.6% QoQ to ₹13,784 crore, aided by the absence of exceptional charges from Q3. On a clean basis, profit before exceptional items rose 5.1% sequentially to ₹18,362 crore, reflecting steady operational growth. Broad based vertical momentum was visible: BFSI ₹27,021 crore, Consumer Business ₹11,345 crore, CMT ₹10,334 crore, Manufacturing ₹7,002 crore, Life Sciences ₹7,371 crore, and Others ₹7,625 crore — all segments grew sequentially.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
