Stocks to watch: RailTel, SBI, Bharti Airtel, Mahindra Lifespace, Schaeffler India, Infosys,

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Here is the list of top stocks that could be in focus on February 26.

RailTel: Shares of RailTel Corporation to list on bourses on Friday.

SBI: State Bank of India (SBI) and Shapoorji Pallonji Real Estate have signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The collaboration will create win-win business opportunities for all stakeholders. The bank is looking at more builder tie-ups so as to reduce the turnaround time for approving home loans to five days as against 12 days.

Bharti Airtel: Bharti Airtel has raised $1.25 billion through issuance of debt instruments. The debt fund raising by the company comes just before the start of spectrum auction valued at Rs 3.92 lakh crore. This is the first ever dual-tranche US dollar bond issued by the company spread across senior and perpetual issuance. This is the largest issuance by any Indian Investment Grade issuer since January 2019. The order book was over-subscribed about 3 times on final pricing with peak order book of $5 billion at time for final price guidance. The company has priced $750 million of senior 10.25 year bonds at a yield of US 10 Year treasury 187.5bps for an implied coupon of 3.25 per cent.

Mahindra Lifespace: Mahindra Lifespace Developers has acquired 7.89 acres of land to develop a residential project in Bengaluru. The project will offer about 5 lakh sq ft of carpet area. The launch of the project is planned for FY 2022.

Schaeffler India: The company is looking to leverage the IT infrastructure and competence available in India, which offers a high level of cost competitiveness, to develop solutions for the global need as well as for the domestic market.

Infosys: The IT major will add 300 local jobs in Pennsylvania as part of its ongoing hiring plans in the US. The company will recruit for a range of opportunities across technology and digital services, client administration and operations as it expands its new Retirement Services Centre of Excellence.

Kewal Kiran Clothing: The company has incorporated new wholly owned subsidiary (WOS) company namely- ‘K- Lounge Lifestyle’ on February 25, 2021. The company has incorporated wholly owned subsidiary with intent to focus on further developing and enhancing its retail footprint pan India. The incorporation of wholly owned subsidiary will leverage the growth opportunities in the evolving retail space and will help the company is becoming more agile and customer focused.