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Stocks to watch: Nureca, Max Fin, Axis Bank, DRL, Dredging Corp, Affle

Here are the top stocks that are likely to be in focus today: Nureca: Shares of Nureca will list on the bourses today. The IPO by home healthcare and wellness products provider that ran between February 15-17 witnessed 40 times subscription. Max Financial Services, Axis Bank: The Insurance Regulatory and Development Authority of India (IRDAI) has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities. Affle (India): Affle Holdings Pte Ltd, a promoter of Affle (India), on Wednesday, offloaded 3 lakh shares of the company worth over Rs 161 crore through an open market transaction.

Broader market trades firm; breadth remains strong

The benchmark indices firmed up once again in afternoon trade. The Nifty reclaimed 15,100 mark again. Positive global cues boosted investors sentiment. Trading was volatile as the February 2021 F&O contracts expire today, 25 February 2021. At 13:20 IST, the barometer index, the S&P BSE Sensex, soared 386.07 points or 0.76% at 51,167.76. The Nifty 50 index added 149.35 points or 1% at 15,131.35. Reliance Industries (up 3.31%), Axis Bank (up 3.75%) and HDFC Bank (up 0.94%) supported the uptrend. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 1.12%. The S&P BSE Small-Cap index gained 1.25%. Buyers outpaced sellers. On the BSE, 1,792 shares rose and 1,052 shares fell. A total of 148 shares were unchanged.

IRB Infrastructure Developers Ltd hands over project to MSRDC

IRB Infrastructure Developers Ltd hands over project to MSRDC Posted On: 2021-02-24 05:03:31 (Time Zone: Arizona, USA) Thane Ghodbunder Toll Road Private Limited - Wholly Owned Subsidiary of IRB Infrastructure Developers Limited, has successfully completed concession period of Thane Ghodbunder BOT Project on 23rd February, 2021 and handed over the Project to the Maharashtra State Road Development Corporation Ltd (MSRDC). This Project SPV has contributed appx. 1% of Consolidated total income of the Company as on December 31, 2020. Shares of IRB INFRASTRUCTURE DEVELOPERS LTD. was last trading in BSE at Rs.106.15 as compared to the previous close of Rs. 105.65. The total number of shares traded during the day was 20418 in over 482 trades.

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