Kolkata – The stock market saw mixed movement on February 25, 2025, with Sensex closing at 74,602.12 points, up 147.71 points (0.20%), while the Nifty 50 index ended at 22,547.55 points, down 5.80 points (0.03%). Financial and auto stocks performed well, making headlines for the day.

Key Stocks in News Today

1. Mahindra & Mahindra (M&M)

Mahindra South Africa, a subsidiary of M&M, has signed an MoU with Industrial Development Corporation to explore the feasibility of setting up a CKD (Completely Knocked Down) vehicle assembly facility in South Africa.

Additionally, Mahindra South Africa is expanding its production capacity at the AIH Logistics facility in KwaZulu-Natal province.

CEO Rajesh Gupta commented:

"Reaching the milestone of our 25,000th locally assembled Pik Up is a testament to Mahindra’s growing footprint and long-term commitment to South Africa."

2. SpiceJet Q3 FY25 Results

Budget airline SpiceJet announced a net profit of ₹26 crore for Q3 FY25, marking a strong recovery from its ₹300 crore loss in Q3 FY24.

Key Highlights:

• Total revenue: ₹1,651 crore (up 35%)
• Passenger Load Factor (PLF): 87%
• Improved operational efficiency and strong passenger demand contributed to the rise.

However, the airline’s Q3 FY25 revenue remains lower than Q3 FY24 when it stood at ₹2,149 crore.

3. Tata Power: Positive Outlook from Moody’s & New Renewable Energy Projects

Moody’s Ratings has affirmed Tata Power’s corporate family rating of Ba1 and upgraded its outlook from stable to positive, which could boost investor confidence.

Additionally, Tata Power has signed an MoU with the Assam government to develop 5,000 MW of renewable energy projects, including:

• Solar, wind, and hydro power
• Energy storage solutions
• Total investment: ₹30,000 crore

Despite being down 10.54% this year, Tata Power’s stock has delivered an impressive 579% return over the last five years.

4. Waaree Energies Secures 410 MW Solar Order

Waaree Energies, India’s largest solar PV module manufacturer, has secured a 410 MW solar module supply order from a wholly-owned subsidiary of Aditya Birla Renewables.

• Deliveries are set to begin in 2025-26.
• Waaree operates in over 25 countries, making it a key player in India’s renewable energy sector.

This order strengthens Waaree’s presence in India’s fast-growing solar energy market.

5. Bharti Airtel & Tata Group in Talks for DTH Merger

Bharti Airtel has confirmed that it is in talks with Tata Group for a potential merger of:

• Tata Play (Tata Group’s DTH business)
• Bharti Telemedia (Airtel’s DTH business)

In a regulatory filing, Airtel stated:

"We are in discussions to explore a potential transaction to combine Tata Play with Bharti Telemedia, in a structure acceptable to all parties."

If successful, this merger could reshape India’s DTH market, creating one of the largest direct-to-home service providers.

Market Overview & What’s Next?

• Financial and auto stocks gained, while overall market movement remained mixed.
• SpiceJet’s recovery and Tata Power’s renewable push could attract investor interest.
• Airtel-Tata Play merger talks could impact India’s telecom and DTH sector.