Keep your eyes glued on these five stocks on Tuesday!
KPI Global Infrastructure: The company announced that it has successfully commissioned a new capacity of 5.44 MW (DC) in its existing solar power plant at Bharuch district (Gujarat). With this addition, the total cumulative plant capacity under the independent power producer (IPP) category of our solar power plant as of date has gone up to 64.47 MW - DC.
Zuari Global: The company posted higher income due to improved performance in the real estate segment while the profit after tax for the current concluded quarter stood lower as compared to the same quarter of the previous year on account of incurring one time expensing of Rs 27.21 crore towards the settlement of non-convertible debentures issued to Credit Suisse to bring down interest cost and security cover.
Atul Auto: CRISIL Ltd, the credit rating agency, has assigned CRISIL A-/stable (downgraded from CRISIL A/stable) to long-term bank facilities and CRISIL A2+ (downgraded from CRISIL A1) to short-term bank facilities of the company.
TCS: TCS has been positioned as a leader in the application transformation services by Everest Group.
Steel Strips Wheels (SSWL): SSWL has signed the MoU for around USD 105 million from Western Hemisphere, which would cover the supply of steel & aluminum wheels for a minimum period of three years.