Stories

Stocks to Watch: Tata Steel, KPI Green Energy, Arisinfra Solutions, and More on September 30
C
CNBC TV18•29-09-2026, 22:20
Stocks to Watch: Tata Steel, KPI Green Energy, Arisinfra Solutions, and More on September 30
  • •Tata Steel received a favorable ITAT order, reducing its tax exposure by approximately –427 crore for FY2009.
  • •STL Networks emerged as the lowest bidder for a –249.8 crore RailTel contract to deploy cloud infrastructure.
  • •Arisinfra Solutions secured a service order from Transcon Bellaviu Private Ltd for Design as a Service (DaaS) for a Mumbai residential project.
  • •KPI Green Energy received a –2,025 crore work order from NACOF Oorja Private Ltd for a 500 MW / 550 MWp solar PV power project in Rajasthan.
  • •Ganesh Benzoplast signed definitive agreements with Cisternina Logistics to sell its liquid storage tank business and shareholding in ILSL Rail Logistics for –1,154 crore.

Key Questions Answered

Tata Steel received a favourable order from the Income Tax Appellate Tribunal for financial year 2009, allowing its claim for deduction of interest expenditure and reducing its tax exposure by around ₹427 crore to ₹1,259 crore.

KPI Green Energy Ltd received a work order worth approximately ₹2,025 crore from NACOF Oorja Private Ltd for the turnkey Engineering, Procurement and Construction of a 500 MW / 550 MWp solar photovoltaic power project in Rajasthan.

STL Networks emerged as the lowest bidder for a ₹249.8 crore contract floated by RailTel Corporation of India for deploying cloud infrastructure at its data centre and disaster recovery site.