Three stocks which may witness significant action on February 27

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The Indian markets on the last day of the week and on the expiry ended in green. The Sensex on Thursday ended up by 28 points; whereas the Nifty ended up by 13 points. The Indian markets will remain closed on February 24 therefore here are the three stocks which may witness some significant movement on February 27:

• Power Grid Corporation of India: The company has entered into a loan agreement with Asian Development Bank for an amount not exceeding US$ 500 million for part funding of its projects - Green Energy Corridors-ISTS (Part-D); and ‘Scheme 1:Raigarh-Pugalur 6000 MW HVDC System' & ‘Scheme 3: Pugalur- Trichur 2000 MW VSC Based HVDC System’ associated with “HVDC Bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu)- North Trichur (Kerala) Transmission Project.

• Ruby Mills:  The company's processing unit at Village Kharsundi, Taluka Khalapur, has got permission from Maharashtra Pollution Control Board (MPCB) to restart its operations with immediate effect.

• Mercantile Ventures: The company has informed BSE that Dick Enterprises Private Limited (formerly known as Dick Financial Services Private Limited) has become the company's subsidiary with effect from February 22, 2017, consequent to allotment of equity shares.

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