Here are some of the stocks that may see significant price movement today.
IRFC: The company has been announced as the lowest bidder to finance ₹3,167 Crore for developing the Banhardih coal block in Latehar District, Jharkhand. The company stated that the project is being carried out by NTPC and Jharkhand Bijli Vitran Nigam-led joint venture called Patratu Vidyut Utpadan Nigam Ltd (PVUNL).
Adani Green: The renewable energy company stated that it has expanded its operational generation capacity to 11,666.1 MW, after commissioning a 57.2 MW wind power component at Khavda, Gujarat. The company decided to operationalize the plant on January 14, 2024. Adani Renewable Energy Forty Eight Ltd developed the project.
Hindustan Zinc: The company stated that the Deputy Commissioner of State Tax, Udaipur has levied penalties totalling ₹92.55 Crore. The penalties relate to FY 2018-19 worth ₹41.11 Crore, and for FY 2019-20 are about ₹51.45 Crore. The said penalties are accompanied by a tax demand and interest as applicable.
Shoppers Stop: The retail business reported a 41.5% y-o-y jump in Q3FY25 net profit, against ₹36.90 Crore reported in the previous reporting quarter. The revenue from operations of the company logged a growth of 11.5% to ₹1,379.50 Crore against ₹1,237.50 Crore in the same period last year.
Escorts Kubota: The company announced that the Delhi High Court has squashed the appeal filed by the Income Tax Department against the company for AY 1986-87. The order was made available on the court’s portal on January 14, 2025.
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