Overnight Digest - Five stocks to watch out on February 26

The five stocks that may witness some kind of significant movements on Friday Feb 26 in the markets are: Kridhan Infra, Jet Airways, Wipro, Bharti Airtel, Reliance Capital.

a) Kridhan Infra Ltd: Kridhan Infra through its subsidiary Readymade Steel Singapore enters into an agreement to acquire a leading Singapore based civil engineering company “Sweet Hong Ltd”.

b) Jet Airways: Private carrier Jet Airways today said it has inked a codeshare pact and loyalty exchange programme with the Korean Air which will allow passengers of the two airlines seamless travel between India and South Korea.

c) Reliance Capital: Reliance Capital today approved the transfer of its commercial finance division into a separate wholly owned subsidiary. The transfer proposal of Reliance Commercial Finance (RCF), approved by the board today, aligns with the existing corporate structure of Reliance Capital, wherein all operating businesses will be held as wholly or majority owned subsidiaries. 

d) Bharti Airtel: Leading global telecom operators including China Mobile, Vodafone, Bharti Airtel and SoftBank have joined hands to launch a five-year programme GTI 2.0, which aims to advance existing 4G technology and industrialization of 5G technologies. 

e) Wipro: Wipro on Thursday collaborated with Wind River to showcase carrier grade cloud technologies.