The stocks that are likely to record significant movement on the bourses
Infosys: Infosys and ATP announced the renewal of their highly successful partnership for a further three years. The agreement will see Infosys continue as Global Technology Services Partner and Digital Innovation Partner of the ATP, through 2023.
Hatsun Agro Products: The Government of Telengana, Industries & Commerce (IP & INF) Department has agreed for providing various subsidies for an amount not exceeding Rs. 25 Crores to M/s Hatsun Agro Product Limited for setting up the Ice Cream Plant in Govindapur, Zaheerabad Taluk, Sangareddy District in the State of Telengana.
Dwarikesh Sugar Industries: The company has obtained necessary approvals from relevant Authorities for commencement of Distillery operations at enhanced capacity of 130 Kilo Liters per day (KLPD) from the earlier capacity of 100 KLPD at Uttar Pradesh w.e.f. November 22, 2020. This added capacity can be used for making a range of distillery products such as Rectified Spirit, Ethanol, Extra Neutral Alcohol (ENA) etc.
CG Power: Company, Tube Investments of India (TI) and the lenders have now executed the requisite binding agreements dated November 20, 2020 for one time settlement and restructuring of funding facilities and guaranteed debt of the Company.
BDL: Dr G. Satheesh Reddy, Secretary, Department of Defence R&D and Chairman, DRDO flagged off the first Varunastra, the Heavy Weight Torpedo, being delivered to the Indian Navy, at a ceremony held at BDL, Visakhapatnam Unit.
Route Mobile: Route Mobile announces the appointment of Mr. Sandipkumar Gupta as Chairman and Mr. Arun Gupta as Additional Director on the Board of Directors.
BEML: BEML has received variation order to contract 'MRS1' from DMRC, for additional 12 trainsets of 06 cars each (total 72 cars) to operate on line 2B and 7 of Mumbai metro project. The order is valued at Rs. 501 crores (approx).
Nucleus Software: Nucleus Software’s FinnAxia wins the ‘Best Technological Innovation in Payments – B2B’ Award.
LTTS: LTTS will implement and provide end-to-end engineering expertise from product ideation to launch for Amazon Alexa in connected products & services.