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Stocks to Watch on February 17: JSW Infra, Cochin Shipyard, Lupin and more

From Cochin Shipyard emerging as the lowest bidder for ₹5,000 crore Navy vessel contract to Lupin signing a licence and supply agreement with Spektus Pharma, these are some of the stocks to watch ahead of Tuesday’s trading session.

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JSW Infrastructure Limited | The infra company has notified the stock exchanges regarding an upcoming meeting of its Board of Directors scheduled for Friday, February 20, 2026. The meeting’s primary focus is a proposal for raising funds through the issuance of equity shares. According to the February 16 regulatory filing, the company is considering various capital-raising methods.

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Highway Infrastructure Ltd | On Monday (February 16), the company said it has received a letter of acceptance (LOA) from the National Highways Authority of India (NHAI) for operations at the Moti Naroli Fee Plaza in Gujarat. The LOA, issued on February 16, is valued at ₹154.6 crore. The contract involves engagement of the user fee agency at Moti Naroli, Ena, and Gandevi fee plazas along the eight-lane Vadodara–Mumbai Expressway, covering multiple expressway sections.

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Cochin Shipyard | The company has emerged as the lowest bidder for ₹5,000 crore Navy vessel contract as the shipbuilding and maintenance company was declared the lowest bidder (L1) for a tender floated by India’s Ministry of Defence to build five Next Generation Survey Vessels (NGSVs) for the Indian Navy. The estimated total order value is about ₹5,000 crore, the company said in an exchange filing on Monday, February 16.

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Embassy Developments | Realty firm said it has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of Embassy Serenity, its first residential project in Alibaug within the Mumbai Metropolitan Region (MMR). The approval marks the company’s entry into the lifestyle and second-home segment. Located in Thal Village, Alibaug, Embassy Serenity is planned as a resort-style retreat with connectivity to Mumbai through upgraded road and ferry infrastructure. Alibaug, often referred to as the ‘Hamptons of Mumbai’, has become a second-home destination for high-end homebuyers seeking greenery and exclusivity.

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Delhivery | Indian logistics firm Delhivery said on Monday it will deploy 150 electric vehicles in partnership with electric mobility startup RIDEV, as it accelerates efforts to electrify its last-mile delivery fleet. The rollout, scheduled over the next three months, will cover Northeast India, Bengaluru and Hyderabad. The companies will adopt an “EV-as-a-Service” leasing model aimed at lowering upfront costs and easing the transition for delivery partners.

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Lupin | Drug firm said it has signed a licence and supply agreement with Spektus Pharma (Spektus), a specialty pharmaceutical company, to commercialise the novel antidepressant DeslaFlex in Canada. DeslaFlex is an innovative antidepressant formulation developed by Spektus using its proprietary Flexitab oral drug-delivery platform. The partnership aims to expand Lupin’s central nervous system (CNS) portfolio and provide unique treatment options for the management of major depressive disorder.

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Texmaco Rail | The company has secured a ₹219.18 crore contract from Mumbai Railway Vikas Corporation Ltd (MRVC) on Monday, February 16, for the design, supply, installation, testing and commissioning of signalling equipment in connection with the construction of a proposed suburban railway line under the Mumbai Urban Transport Project (MUTP-IIIA). The scope of the contract includes comprehensive execution of signalling systems and related gear for the new Mumbai suburban corridor.

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