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Stocks in Focus: BHEL, Ion Exchange India, Tata Motors, and Others

Stocks in Focus: Garden Reach Shipbuilder, Hindustan Copper, and Others - EP
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The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 70 points at 26,056, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday. 

Earlier on Tuesday, 10 February, the domestic benchmark indices S&P BSE Sensex gained by 208 points or 0.25%, and settled at 84,274, while the Nifty50 traded 0.26% higher or 68 points, closing at 25,935.

Here are some stocks that are likely to remain in focus on 11 February.

BHEL: BHEL has received a Letter of Acceptance from Bharat Coal Gasification and Chemicals (BCGCL)β€”a joint venture between BHEL and Coal Indiaβ€”for the syngas purification plant (LSTK-2 package). The Rs 2,800 crore order relates to BCGCL’s coal-to-2,000 TPD ammonium nitrate project at Lakhanpur, Odisha.

Ion Exchange India: Ion Exchange India’s Oman-based subsidiary, Ion Exchange and Company LLC, has won a contract from Petroleum Development Oman under a design, build, own, operate, and maintain (DBOOM) model. The 20-year contract, valued at OMR 73.46 million (Rs 1,730 crore), covers a potable water facility and a sewage treatment plant in the South PDO Concession Area.

Tata Motors: Tata Motors’ Indonesian subsidiary has secured its largest-ever order for 70,000 Yodha and Ultra T.7 vehicles for deployment across Indonesia. The company will supply these vehicles to support agricultural operations and rural logistics, including farm-to-market transportation and regional goods movement nationwide.

Highway Infrastructure: Highway Infrastructure has signed a contract to operate and collect user fees at the Mundka Fee Plaza, valued at Rs 64.68 crore. Earlier, on 19 January, the company had received a Letter of Acceptance for operating the plaza under the UER-II (NH-344M and NH-344N) project in Delhi and Haryana.

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