Stocks that are likely to record significant movement on bourses today

M&M: Providing a further boost to ‘Make in India’, Ministry of Defence (MoD) signed a contract with Mahindra Defence Systems Ltd (MDSL) for the supply of 1,300 light specialist vehicles to the Indian Army, at a cost of Rs 1,056 crore. The induction of vehicles is planned to be completed in four years.  

BPCL: The board of directors of the company has approved the scheme of amalgamation of a natural gas firm, Bharat Gas Resources with the company.  

Varroc Engineering: Varroc Engineering has approved the proposed fundraising by way of a qualified institutional placement (QIP) of equity shares. The QIP issue opened on March 22 with a floor price of Rs 395.41 per equity share. 

Bharti Airtel: The company has further agreed to acquire an additional 3.33 per cent share in Avaada MHBuldhana Private Limited, a special purpose vehicle formed for the purpose of owning & operating the captive power plant, in terms of regulatory requirement for captive power consumption under electricity laws.  

Maruti Suzuki: Over the past year, the cost of the company's vehicles has been impacted adversely due to an increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in April 2021.  

GNA Axles: The promoter and director of the company, Gurdeep Singh has acquired 5,31,500 equity shares of the company.   

Edelweiss Financial Services: Edelweiss Group announces strategic investment by PAG in Edelweiss Wealth Management (EWM).  

Mahindra CIE Automotive: The company has been taking various steps to optimise its power cost and increase the consumption of green energy at various power intense plants of the company. Accordingly, the company subscribed to 7,85,313 equity shares of Sunbarn Renewables Private Limited, for sourcing green energy on captive basis and optimising the power cost.  

KEC International: The company has secured new orders worth Rs 1,429 crore across its various businesses.   

Everest Kanto Cylinder: The company has pre-paid its last installment on March 17 and thereby, repaid entirety, the term loan of Rs 3,25,00,00,000 availed from Yes Bank in 2012. Consequently, on March 22, Yes Bank has released the pledge of promoter share, amounting to a total of 29.99 per cent of the entire shareholding of the company.   

KRBL: The judicial custody of Anoop Kumar Gupta has been routinely further extended till March 27, 2021.