Rail Vikas Nigam in green after receiving an LoA from NMDC for a ₹371.69 crore & More – Paper by Pocketful

Feb 26, 2026

Shaily Engineering Plastics (+2.51%): Shares rallied after the company secured an order worth ₹423 crore from a domestic pharmaceutical company, boosting its order book and strengthening revenue visibility, which improved investor sentiment and drove buying interest in the stock.
KP Energy (+0.85%): Shares advanced after securing an LoA from Enerparc Energy for a 40.8 MW wind-solar hybrid project in Gujarat, boosting growth visibility.
Rail Vikas Nigam (+0.22%): Stock remained in green after receiving an LoA from NMDC for a ₹371.69 crore township project in Kirandul, Chhattisgarh, supporting its order book growth.
NTPC Green Energy (-0.03%): Stock remained flat after commissioning 50 MW (part of 200 MW) of its Dayapar Wind Project Phase-II in Gujarat, taking total group capacity to 9,201.08 MW.

India Defence | Nifty India Defence (+1.48%): Index gains on strong buying; Astra Microwave, Mishra Dhatu Nigam, Bharat Forge, BEML, and BEL rise up to 5% amid optimism over India-Israel defence ties during PM Narendra Modi’s visit.
Healthcare | Nifty Healthcare (+1.24%): Index edged higher led by 13 gainers against 7 losers, supported by buying in pharma and hospital stocks, reflecting defensive demand and steady earnings outlook amid market volatility.
Media | Nifty Media (-0.68%): Index declined due to broad-based selling, with major losses in Zee Entertainment, Tips Music, and Nazara Technologies, as profit booking and weak sentiment weighed on the sector.
FMCG | Nifty FMCG (-0.16%): Index slipped with 6 gainers against 9 losers, as profit booking in heavyweight stocks and concerns over demand and input costs weighed on sentiment.

Technical Level: Nifty opened flat and consolidated during the morning session, witnessed selling pressure in the second half, forming resistance near 25,570 and touching support at 25,400, before recovering slightly towards the closing.
Advance-Decline Ratio: Market breadth remained positive, with 1,686 advances against 1,456 declines, indicating broader market strength.
The Big Picture: The US imposed preliminary tariffs of up to 126% on Indian solar imports citing unfair subsidies, which may restrict exports and impact domestic manufacturers’ growth. However, the impact could be limited as many companies use imported solar cells for module assembly, reducing direct exposure to these duties.
FII/DII Activity (Feb 25, 2026): DIIs and FIIs remained net buyers, with purchases of ₹5,118 crore and ₹2,991 crore, respectively.