Here’s a quick look at stocks likely to be in focus in today’s trade.
Ather Energy
Electric two-wheeler manufacturer Ather Energy on Saturday introduced a new platform — its first vehicle architecture since the debut of the Ather 450 — during the third edition of its Community Day event.
Bank of India
Bank of India has lowered its Marginal Cost of Funds-based Lending Rate (MCLR), slashing the 1-, 3-, and 6-month tenors by 10 basis points, the 1-year tenor by 5 basis points, and the 3-year tenor by 15 basis points.
BHEL
BHEL has entered into an agreement with the Defence Metallurgical Research Laboratory (DMRL), Hyderabad, for the transfer of technology.
Torrent Power
Torrent Power has secured a letter of award (LoA) for a ₹22,000 crore, 1,600 MW thermal power project in Madhya Pradesh.
Adani Power
The company has secured a Letter of Award (LoA) from MP Power Management Company (MPPMCL) to supply power from a new 800 MW Ultra-Supercritical thermal power project, which will be developed in Anuppur, Madhya Pradesh, under the DBFOO model.
NCC
The company secured two orders totaling ₹788.34 crore in August for its water division.
Zydus Wellness
The company’s subsidiary, Alidac UK, has approved signing a share purchase agreement to acquire 100% of the outstanding ordinary shares of Class A and Class B, along with 71.43% of the non-controlling ordinary shares of Class C and 66.67% of the non-controlling ordinary shares of Class D of Comfort Click, United Kingdom, from the sellers.
Popular Vehicles and Services
The automobile services company has obtained in-principle approval from Maruti Suzuki India to acquire an authorised dealership in Telangana. The deal includes the transfer of operational assets such as equipment, machinery, and digital assets, but excludes land and buildings.
BEML
The company has secured an order worth over ₹80 crore from Indian Railways to supply utility track vehicles.
IndusInd Bank
IndusInd Bank’s proposal to appoint two nominee directors to its board was voted down by shareholders. However, they approved the appointment of Rajiv Anand as the new MD and CEO.
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