Stocks To Watch Today: Coal India, LIC, PNC Infratech, RVNL, Transrail Lighting, Tata Power

Transrail Lighting Ltd., Tata Power Co., PNC Infratech Ltd., Rail Vikas Nigam Ltd. and Life Insurance Corp. are some of the stocks that will be on the radar on Friday.

Stocks To Watch

• Transrail Lighting: It has won new orders worth Rs 2,752 crore, primarily from the transmission and distribution segment. Year-to-date order inflows have now surpassed Rs 7,400 crore.

• Tata Power: TP Solar Ltd., the solar manufacturing arm of Tata Power Co., has secured a contract worth approximately Rs 632 crore from Solar Energy Corp.

• PNC Infratech: Hardoi Highways, a subsidiary of the company, has completed a Rs 864-crore road project in Uttar Pradesh. As a result, the company is eligible for an early completion bonus of Rs 14.2 crore from the National Highways Authority of India.

• LIC: It has received a demand order for goods and services tax, interest and penalty amounting to Rs 480 crore from the Maharashtra tax authority for financial year 2020–21.

• RVNL: The company has received a letter of acceptance from Central Railway to construct a new power station aimed at enabling trains to carry heavier loads (3,000 tonnes) on the Bhusaval-Khandwa line. This project is valued at Rs 136 crore.

• Coal India: The company will impose an additional charge of Rs 300 per tonne on top of the notified price across all mines of NCL starting May 1. This charge is expected to generate additional revenue of Rs 3,877.5 crore.

• Kernex Microsystems (India): It received a letter of acceptance for a project worth Rs 325.3 crore from the Southeastern Railway. The contract includes "supply, installation, testing and commissioning of Kavach on GD and GQ routes" along with associated works on the section of Kharagpur and Chakradharpur division.

• GE Power India: It received an order for an additional 320MW vertical Francis pump turbine unit from Greenko KA01 IREP Pvt., increasing the total contract value by Rs 273.5 crore.

• Jindal Stainless: The company has acquired a 100% equity stake in AGH Dreams Pvt. and Utkrisht Dream Ventures Pvt.

• Chemplast Sanmar: The company, along with its subsidiary Chemplast Cuddalore Vinyls, has entered into a power purchase agreement with JSW Green Energy Nine. They have also agreed to acquire equity shares in JSW Green Energy Nine through a separate agreement with JSW Neo Energy.