Stocks in News: Ather Energy, Indian Oil, Torrent Power, Bhel, Indusind Bank

Markets started the new derivative series in a muted tone, which extended the prevailing corrective phase. In today’s trade, shares of Ather Energy, Indian Oil, Torrent Power, BHEL, Indusind Bank will be in Focus, among other things because of various news developments.

Ather Energy
Electric two-wheeler maker Ather Energy unveiled a new platform on Saturday, the first vehicle architecture of the company since the launch of Ather 450, during the third edition of the Community Day event.

Cms -info -systems
The India Post Payments Bank (IPPB) has awarded the contract to replace its fleet of 1,000 ATMs and cash dispensers with CMS -Info systems after the bankruptcy of ATM service provider AGS Transact technologies.

Indian oil
The transformative project sprint of Indian Oil has started showing results with improved operational performance at refineries and the company regains the leadership position in the expansion of fuel shops.

NCC

NCC’s Water Division received orders worth RS 788 Crore in August.

Down -powered force
Torrent Power has a price letter (LOA) for RS 22,000 crore, 1,600 MW Thermal Project in Madhya Pradesh Packaged.

Bhel
BHEL signed agreement with a DRDO Hyderabad-based Defense Metallurgical Research Lab (DMRL) for transfer of technology.

Indusind -Bank
The shareholders of Indusind Bank have rejected its proposal to set up two nominated directors on the Board of Directors. However, shareholders have cleared the appointment of Rajiv Anand as MD and CEO.

Sterlite Technologies
Sterlite Technologies said his American subsidiary, Sterlite Technologies Inc (STI), was ordered to pay $ 96.5 million by an American court.