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This development comes after Adani Power’s earlier success in securing an initial 800 MW capacity in the bidding process.

Here are some of the stocks that may see significant price movement today: Apollo Hospitals, GMR Airports, RailTel Corporation, etc.

ARTL has confirmed that the acquisition cost will be at an enterprise value not exceeding ₹1,342 crore as of September 30, 2025.

RailTel has secured a ₹70.94-crore order from Nashik Municipal Smart City Development Corporation Ltd.

The company will transfer these assets at the book value that is existing on the closing date of their respective power purchase agreements.

The stated long-term investment will support the launch of 1,455 air conditioned electric buses in Assam, Maharashtra, and Gujarat.

The contract is valued at ₹236.71 crore, inclusive of taxes, according to DPIL’s exchange filing.

Ashok Leyland expects demand for diesel vehicles to benefit from the recent cut in GST rates, with tax on diesel trucks reduced from 28% to 18%.

The company also informed that the execution of this contract is expected between December 2025 to September 2026.

This reflects investor confidence in the company’s major role in the Indian renewable energy sector as a leading financier.