Stocks to see some action today : 28 Feb 2025

TP Solar, a wholly owned subsidiary of

Renewable Energy (TPREL) and a subsidiary of Tata Power, has secured a contract from the Solar Energy Corporation of India (SECI) for the supply of 292.5 MWp DCR (Domestic Content Requirement) Solar Modules. The project is awarded under the CPSU Scheme Tranche-III and reinforces TP Solar's commitment to advancing India’s renewable energy transition. The contract, valued at approximately Rs 632 crore, entails the delivery of high-quality DCR modules to the designated site in Ramagiri, Andhra Pradesh has received Letter of Acceptance from Central Railway for Design, Supply, Erection, Testing & Commissioning of 132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Bhusaval- Khandwa Sections of Central Railway, to meet 3000 MT loading target on EPC mode. !Muthoot Capital Services has raised Rs 40 crore through the allotment of 4000 Rated, Listed, Senior, Secured, Redeemable, Taxable Non-Convertible Debentures (NCDs) each having a face value of Rs 1,00,000 for a tenor of 36 months from the date of allotment, on private placement basis, in accordance with the terms and conditions as mentioned in the transaction documents executed in connection with the issuance. The NCDs have a coupon rate of 10.00% p.a. payable annually and are proposed to be listed on BSE. The Debenture Issue and Allotment Committee has on February 27, 2025, approved the allotment of the same. Chemcrux Enterprises has completed the acquisition of 5000 equity shares of Rs 10 each (50%) of Kalichem on February 27, 2025. With this acquisition, Kalichem has become the wholly owned subsidiary of the company and ceases to be the Joint Venture Company. Note : Make sure to follow position sizing and Risk Management at all times