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Reliance Industries, Highway Infrastructure and HFCL to see some action today

17 Feb 2026 Evaluate

Reliance Industries' (RIL's) FMCG arm -- Reliance Consumer Products (RCPL) has signed a definitive agreement to form a majority-owned Joint Venture with Tropical General Investments (TGI) Group, a leading business conglomerate in Nigeria. This partnership, subject to customary legal and regulatory clearances, will significantly expand RCPL’s global footprint by establishing a strong presence in one of Africa’s largest consumer markets.

Highway Infrastructure has received the Letter of Acceptance (LoA) of Rs 154.59 crore for operations at Moti Naroli Fee Plaza in the State of Gujarat. The LoA was issued by National Highways Authority of India (NHAI) on February 16, 2026.

HFCL along with its material subsidiary, HTL, has secured purchase orders worth about Rs 60.95 crore, for the supply of optical fiber cables, from one of the leading Private Telecom Operators of the Country.

Gabion Technologies India has received multiple routine work/supply orders in the ordinary course of business during the period from February 08, 2026 to February 14, 2026 for gabion boxes and rockfall netting. Aggregate order value is approximately Rs 2.24 crore, inclusive of applicable GST.

VA Tech Wabag has incorporated a subsidiary company effective in the name of ‘Ghaziabad Bioenergy’ as a joint venture entity in partnership with PEAK Sustainability Partners LLP (PEAK). Special Purpose Vehicle established to execute the Compressed Bio-Gas (CBG) project on Build-Operate-Transfer (BOT) basis at Dundaheda, Ghaziabad, Uttar Pradesh.

Shraddha Prime Projects is planning to enter into a Development Agreement for a new project named ‘New Adarsh Villa Co-operative Housing Society’ situated at Addarsh Villa, Plot No. 192, Dr. Rajendra Prasad Road, Opp. Janki Niketan, 396 & 398, Andheri Borivali Bus Stop, Mulund West, Mumbai, admeasuring 1819.10 Sq. Meter.

Larsen & Toubro’s (L&T) wholly-owned subsidiary -- L&T Power Development (LTPDL) has executed a securities purchase agreement to sell its 100% of equity and convertible instruments in Nabha Power (NPL) to Torrent Power, a leading name in the Indian power sector. NPL is a wholly-owned subsidiary of LTPDL.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
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Reliance Industries, Highway Infrastructure and HFCL to see some action today

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Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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