Stocks to watch today: Tata group co shares, RVNL, Lupin and more can be in focus

Due to news of Tata Sons postponing a decision to extend the term of the term of its chairman N Chandasekharan, all Tata company shares can be under the radar today. Some other prominent stock to can be in focus due to various corporate developments.

Kolkata: The market displayed pronounced weakness on Tuesday, Feb 24. Nifty 50 went below 25,450. Sensex 30 shed fell 1068.74 points, or 1.28%, to close at 82,225.92, while Nifty 50 fell 288.35 points, or 1.12%, to settle at 25424.65 at the end of the day. Market breadth also remained weak. Lt’s ave a look at the shares that will be under the radar of the investor due to several important developments.

PowerGrid: The Cabinet Committee on Economic Affairs approved increased investment for Power Grid Corporation. The company will now be able to invest up to Rs 75 billion in equity in any of its subsidiaries, up from Rs 5000 crore previously. However, the 15% net worth limit remains in place. This decision will help the company increase investment in UHVAC and HVDC transmission........

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