Equity markets remained volatile throughout the last week as cautiousness towards mid and small caps continued to drag market sentiments. In today’s trade, shares of Indian Hotels, RailTel, Dr Lal PathLabs, Torrent Power, and Lupin will be in focus due to various news developments.
RailTel has received an order worth Rs 352 crore from BMC for the supply, operations, and maintenance of the health department of the corporation. Adani Group is planning to invest more than Rs 1.2 lakh crore across its portfolio companies, ranging from ports to energy and airports.
Tata Group hospitality firm Indian Hotels Company Ltd (IHCL) is planning to increase the number of skill training centers to 50 across India by next year.
The board of Dr Lal PathLabs has approved the re-designation of Shankha Banerjee by appointing him as CEO and Key Managerial Personnel (KMP) with effect from May 21.
KPI Green has emerged as the successful bidder for a 100 MWAC solar power project at Maharashtra State Power Generation Co.
Torrent Power has received a letter of award for setting up 300 MW wind solar hybrid projects with a tariff of Rs 3.65 per kWh. The contract period will be for 25 years.
Zydus Life has received final US FDA approval and 180 days competitive generic therapy exclusivity for Finasteride and Tadalafil Cap Capsules, which are used to treat benign prostatic hyperplasia.
Drone Acharya has secured a contract to supply IT hardware for the Indian Army’s drone lab in Jammu and Kashmir.
JSW Energy arm JSW Neo Energy has received a letter of awards (LoA) for an additional 500 MW of wind capacity under greenshoe option for the Solar Energy Corporation of India (SECI) wind power projects.
The US FDA has inspected Lupin’s Aurangabad unit and issued one observation.
HAL has bagged an order worth Rs 2,890 crore from the Defence ministry for mid-life upgrade of 25 Dornier aircraft of the Indian Navy.
SJVN has received a letter of intent from Gujarat Urja Vikas Nigam for a 200 MW solar project.
