After the market closed on Tuesday, many companies have informed that they have received orders related to business. These companies include Torrent Power, Indo Tech Transformer and Avental. With the help of the orders received on Tuesday, action can be seen in the stocks of the companies in the next session.

Torrent Power gets LoI

Torrent Power on Tuesday informed the stock market that it has received a Letter of Intent for a 1500 MW pumped hydro storage project. According to the company, this is important for the country's power sector because it is the first long-term pumped storage capacity LoI given in the country. This order has been received from Maharashtra State Electricity Distribution Company Limited i.e. MSEDCL. According to the order, MSEDCL will take 1500 MW energy storage capacity from the pumped hydro storage project for a period of 40 years. In Tuesday's trading, the stock closed at the previous levels at 1779.95 with a slight decline. Who else has received the order Indo Tech Transformers has said in the information sent to the stock market that it has received a Letter of Award to supply 4 transformers of 192 MVA. The value of this order is Rs 42.56 crore. According to the company, this order is to be completed by May 2025. According to the company, this order is very important for it. The stock closed at 1982 level with a decline of 3.5 percent on Tuesday. Avantel said in the information sent to the stock market on Tuesday that it has received a purchase order of Rs 9.39 crore from New Space India Limited. According to the company, this order is to be completed by November 2025 and the supply, installation and commissioning of ground segment hub is to be done under the order. The stock closed at 169.6 level with a gain of 0.7 percent on BSE. (Disclaimer: The advice or views given on CNBC TV18 Hindi / CNBC Awaaz are the personal views of the expert, brokerage firm, the website or management is not responsible for it. Before investing, please consult your financial advisor or certified expert.)