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Stocks in Focus: NTPC Green, BHEL, NBCC, and Others

Stocks in Focus: NTPC Green, BHEL, NBCC, and Others - EP
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The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 68 points at 25,787, indicating that the domestic benchmark indices are likely to make a positive start on Friday. 

Earlier on Wednesday, 14 January, the domestic benchmark indices S&P BSE Sensex slumped by 245 points or 0.29%, and settled at 83,383, while the Nifty50 traded 0.26% lower or 66 points, closing at 25,665.

Here are some stocks that are likely to remain in focus on 16 January.

NTPC Green Energy: NTPC Green Energy’s board cleared a proposal to form a 50:50 joint venture with GAIL (India) to develop renewable energy projects. The plan now awaits approvals from the Ministry of Power, the Department of Investment and Public Asset Management, and other regulatory bodies.

BHEL: BHEL has started supplying semi-high-speed underslung traction transformers for the Vande Bharat Sleeper Train project, which a BHEL-led consortium is executing in partnership with TRSL.

NBCC: NBCC won a Rs 55.02 crore order from Indian Overseas Bank to plan, design, construct, and hand over the bank’s new regional office building in Raipur.

DLF: The National Company Law Tribunal (NCLT), Chandigarh, approved DLF’s merger with its 16 wholly owned subsidiaries, effective 1 April, 2024. Following the merger, these subsidiaries will dissolve without winding up and will no longer operate as separate entities.

Zydus Life: Zydus Lifesciences secured final approval from the US Food and Drug Administration (USFDA) to market Eltrombopag tablets, which treat low platelet count in certain blood-related disorders. The drug recorded annual sales of about $1.26 billion in the US market.

RailTel Corp: RailTel received a Letter of Acceptance from Central Railway for an Rs 88.66 crore project. The contract involves supplying, installing, testing, and commissioning IP-MPLS network equipment across stations in the Mumbai, Pune, Solapur, Bhusawal, and Nagpur divisions to enable unified communication on Indian Railways.

Transrail Lighting: Transrail Lighting secured new orders worth Rs 527 crore across its transmission & distribution and poles & lighting businesses, strengthening its footprint in the Middle East, North Africa, and African markets. With these wins, the company’s total order inflows for FY26 have climbed to Rs 5,637 crore.

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