KPI Global announced after trading hours on Thursday that it has received orders for 2.250 solar power plants under the Captive Power Producer (CPP) from industrial customers.

The market opened flat on January 24, 2020. The previous day witnessed the Sensex going up by 271.02 points to end at 41,386.40 and the Nifty was up by 73.45 points to close at 12,180.35. 

Olectra Greentech Limited (OCL) and Evey Trans Private Limited (EVEY) are under the common control with MEIL Holdings Limited. EVEY has received letters of award for the deployment of 555 electric buses from eight cities/state transport authorities under FAME-II scheme of Government of India.

Welcome to the last trading session of the week! In the last trading sessions, markets put up a good show, however, it rallied due to short-covering and bulls may not continue yesterday’s momentum since cues from global markets are subdued.

If it falls below Wednesday’s low of 12,087 levels, there is a higher probability of reaching the recent swing lows of 11,929. A close above 12,225 is likely to take index towards the levels of 12,370. Stocks in news: GAIL, Olectra Greentech, KEI Industries, HFCL, Info Edge.

The following stocks will be in focus during Friday’s trading session in the light of their result announcements: UltraTech Cement, Sonata Software, Bank of Baroda, JSW Steel and Atul Limited.

Syngene International reported its third quarter result of FY20 on Wednesday after the market hours. The company’s Q3FY20 revenue was at Rs 539 crore, representing an increase of 11 per cent from the corresponding quarter last year.

GE T&D India Limited has been awarded Supervisory Control and Data Acquisition (SCADA) and Advanced Distribution Management Solution (ADMS) project by the Jammu & Kashmir Power Development Department (JKPDD) for the distribution operations in the cities of Jammu and Srinagar.

After ending the day in red on Wednesday, the Sensex closed today’s trading session in green, which is, above 200 points and Nifty too ended in green. While the Sensex closed at 41,386.40 levels, up by 0.66 per cent, Nifty closed at 12,179.90 levels, up by 0.60 per cent.

KEC International Limited has bagged new orders worth Rs 1,255 crore, across various businesses. KEC International, which is a part of the RPG Group, has a presence in the verticals of power transmission and distribution, railways, civil, solar, smart infrastructure and cables.