
Here are some of the stocks that may see significant price movement today.
NBCC India: The company announced that it has secured a new contract worth ₹2,966.10 Crore. The order received is for project management consultancy work from the Nagpur Metropolitan Region Development Authority for Phase-1 development of Naveen Nagpur. The order was awarded in the normal course of business.
Godawari Power & Ispat: The company informed that its subsidiary Godawari New Energy Private Limited has allotted 12.49 Crore non-cumulative shares. These shares are optionally convertible and redeemable. The share has a face value of ₹10 each. Therefore, the aggregate value of allotment is ₹124.95 Crore.
Adani Enterprises: The company announced that creditors approved its bid to acquire bankrupt Jaiprakash Associates, ahead of Vedanta and Dalmia Bharat. The bid placed is for ₹14,535 Crore. The Committee of Creditors approved AEL’s resolution plan. The company has received the letter from Resolution Professional on November 19.
Reliance Power: The company announced a restructuring of its new board of management for bolstering governance and enhancing strategic oversight. The business also noted major clean-energy gains, with subsidiary Reliance NU Energies emerging as India’s largest solar+BESS player.
CG Power and Industrial Solutions: The business said that it has received a final assessment order for AY 2018-19 with tax demands of ₹365.37 Crore. The order is for multiple additions and disallowances and comes after a Bombay High Court order.
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