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Stocks in Focus: Torrent Power, Asian Paints, Nazara Technologies, HG Infra Engineering, and Others

The policy will not apply to corporations that are currently establishing medication manufacturing plants in the US.
The policy will not apply to corporations that are currently establishing medication manufacturing plants in the US.

The GIFT Nifty futures were trading in the green before the market’s opening on Monday. Indices are expected to open on a similar positive note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex were trading in the green on Friday.

Nifty climbed 0.2%, up by 39.7 points, and closed at 22,378.4, whereas the Sensex climbed 60.8 points, up by 0.1% and closed at 73,806.2. 

Here are some stocks that are likely to remain in focus on 4 March.

Asian Paints: The company is planning to set up a new water-based paint manufacturing facility in Madhya Pradesh for a total investment of Rs 2,000 crore. 

Nazara Technologies: The Board of Directors of the company has approved the allotment of 28.67 lakh shares at an average price of Rs 872.15 per share. 

HG Infra Engineering: The company has secured an order from South Central Railway for a total consideration of Rs 447 crore. 

Torrent Power: The company has received an order from Railway Energy Management to install 325 megawatts of renewable capacity for a total consideration of Rs 2,700 crore. 

SJVN: The subsidiary of the company, SJVN Green Energy, has secured a 200-megawatt solar power project that has to be developed for a total cost of Rs 1,100 crore. 

NTPC: The company’s board of directors has given approval for the Singrauli Super Thermal Power Project, Stage-III, for an estimated appraised cost of Rs 17,195.31 crore. Furthermore, Prime Minister Narendra Modi is set to lay the foundation on 4 March for various projects that are worth Rs 30,023 crore. 

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