Stocks To Watch on 21 February 

Hindalco Industries

Hindalco Industries plans to make its US subsidiary, Novelis Inc., publicly traded after 17 years. Novelis submitted a confidential filing for an IPO.

Zee Entertainment Enterprises 

On February 20, the company clarified it’s not discussing restarting the $10-billion merger with Sony, refuting recent reports.

Ashok Leyland

The company plans to build a new factory for eco-friendly commercial vehicles in Uttar Pradesh.

Wipro

Wipro, a tech services firm, introduced Wipro Enterprise AI-Ready Platform, enabling clients to build custom AI environments using IBM Watsonx.

Devyani International

Yum Restaurants India plans to sell its 4.4% stake in Devyani International for ₹814.8 crore at ₹153.5 per share.

Union Bank of India

Yum Restaurants India plans to sell its 4.4% stake in Devyani International for ₹814.8 crore at ₹153.5 per share.

Power Finance Corp.

The government company agreed to help Goa with green energy projects, like renewable energy and electric vehicles, through financing.

Always research thoroughly and consult a financial advisor before investing.

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