Stocks in news: Indian Hotels, RailTel, Dr Lal PathLabs, Torrent Power, Lupin

Stock markets have been volatile over the past week as caution towards mid- and small-cap companies continued to drag down market sentiment. In the current commercial actions of Indian hotels, RailTel, Dr. Lal PathLabs, torrent power and Lupine will be in the spotlight due to various news developments.

RailTel

RailTel has received an order worth 352 cr from BMC for supply, operations and maintenance of the corporation's health department.

Adani Shares
Adani Group plans to invest over Rs 1.2 lakh crore in its portfolio companies ranging from ports to energy and airports.

Indian hotels
Tata Group's hotel business Indian Hotels Company Ltd (IHCL) plans to increase the number of training centers to 50 across India by next year.

Dr. Lal PathLabs

The company's board of directors approved the reappointment of Shankha Banerjee by appointing him as CEO and Key Management Personnel (KMP) with effect from May 21.Green KPI
KPI Green was awarded the 100 MWAC solar power project at Maharashtra State Power Generation Co.Read more: Here is the trading setup for today's session.

torrent power
Torrent Power has received a letter of award for setting up 300 mw wind-solar hybrid projects at a tariff of Rs 3.65 per kWh. The duration of the contract will be for 25 years.

Zydus Life
Zydus Life bagged receives final US FDA approval and 180 days of competitive generic therapy exclusivity for Finasteride and Tadalafil Cap capsules, which are used to treat benign prostatic hyperplasia.

Drone Acharya
Drone Acharya has bagged a contract to supply IT hardware for the Indian Army's drone laboratory in Jammu and Kashmir.

JSW Energy
JSW Energy's arm JSW Neo Energy has received a letter of award (LoA) for additional 500 MW of wind capacity under the greenshoe option for wind power projects from Solar Energy Corporation of India (SECI).

Lupine
The US FDA inspected the company's Aurangabad unit and issued an observation.

HAL
HAL has bagged an order worth Rs 2,890 crore from the Ministry of Defense for mid-life upgrade of 25 Dornier aircraft of the Indian Navy.

SJVN
SJVN has received a letter of intent from Gujarat Urja Vikas Nigam for a 200 MW solar project.

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