DSIJ Mindshare

The stocks that are likely to witness significant movement on the bourses on February 28 are ARSS Infrastructure, Syndicate Bank, Dilip Buildcon, Pennar Engineering Building Systems and Hindustan Petroleum. 

H.G. Infra Engineering has bagged an EPC order worth Rs. 189.49 crore. The order was awarded by Megawide Construction for construction work in Mopa, Goa.

Indian Oil and Hindustan Petroleum and have bagged licenses to retail CNG to vehicles and piped natural gas (PNG) to households in several cities in Bihar, Jharkhand, Uttar Pradesh and West Bengal. 

GMR Airports, a subsidiary of GMR infra, has emerged as the highest bidder for an airport in Andhra Pradesh. The initial investment for phase - 1 to be approximately Rs. 2,300 crore. 

The Reserve Bank of India has moved these bank out of the restrictive PCA framework. Reacting to this development the stocks of these banks surged up from 6 to 9 per cent on Wednesday.