Stocks that are likely to record significant movement on bourses today
Ashok Leyland: The company announced its decision to move towards sustainable transportation for its employees. It will induct electric buses in a phased manner, sourced from its subsidiary, Switch Mobility Limited. This step follows the recent announcement of sourcing clean energy from Hinduja Renewables for its operations.
TCS: TCS wins the 2021 CIO 100 Award for workplace resilience solution developed during the pandemic.
Pokarna: Pokarna Engineered Stone Limited, a wholly-owned subsidiary of the company has started commercial production at its second unit.
Jubilant FoodWorks: Jubilant FoodWorks has entered into an exclusive master franchise & development agreement with PLK APAC Pte Ltd, a subsidiary of Restaurant Brands International Inc to develop, establish, own & operate and license franchisees to develop, establish, own & operate, Popeyes® Restaurants in India, Bangladesh, Nepal, and Bhutan.
HPL Electric & Power: The circuit limit of the stock has been revised from 20 per cent to 5 per cent w.e.f. March 25.
JBF Industries: The circuit limit of the stock has been revised from 10 per cent to 5 per cent from today onwards.
Voltas: The company has executed the business transfer agreement (BTA) with its wholly-owned subsidiary, Universal Mep Projects & Engineering Services for local projects business. The transaction is expected to be consummated by the end of September 2021.
Bharti Airtel: NCLT, New Delhi, has sanctioned the composite scheme of arrangement between Bharti Airtel Limited, Bharti Airtel Services Limited, Hughes Communications India Private Limited and HCIL Comtel Private Limited and their respective shareholders and creditors.
Time Technoplast: The pledge of shares has reduced from 9.55 per cent of paid-up capital to only 4.22 per cent. It may be recalled, at some point in time. The total pledged shares used to be around 18 per cent.
Tata Steel: The company co-approves a conversion of 70.25 million partly paid-up shares.