Stocks in the news: Power Grid, PVR, Kotak Bank, Coforge and IOB

Nifty futures on the Singapore Exchange traded 73 points, or 0.41 per cent higher at 17,932, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

Power Grid Corporation of India: The state owner power transmission player said it has upgraded New Mariani Sub-Station in Assam.

Kotak Mahindra Bank, PVR: The private lender and multiplex chain operator launched a co-branded debit card, claiming to be the first ones to offer such a product in the movie and entertainment genre.

Coal India: The state run miner allocated 72.1 per cent higher quantity of coal at 17.34 million tonnes under the special forward e-auction scheme to the power sector during the April-September period.

Coforge: The IT firm said it has filed papers with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of American Depositary Shares representing its equity shares.

Indian Overseas Bank: The state-owned lender revised downwards its net profit to Rs 646 crore for 2020-21 after reporting a divergence in asset classification and provisioning for bad loans.

Ashok Leyland: The commercial vehicle maker's EV arm Switch Mobility has bagged a contract for the supply and operation of 300 electric buses for Bengaluru Metropolitan Transport Corporation (BMTC).

Coromandel International: The second largest phosphatic fertilizer company announced the setting up of a new Rs 400 crore sulphuric acid plant in Vishakapatnam, "to improve the self-sufficiency and availability of phosphatic fertilisers in the country."

Biocon: The pharma player's subsidiary Biocon Biologics and its US-based partner Viatris announced the introduction of two interchangeable biosimilar insulin injections in the American market for type 1 pediatric and type 2 adult patients.

Grindwell Norton: The company has made an investment of Rs 15 lakh in Cleanwin Energy Three LLP towards power purchase.

Welspun Enterprises: The construction player said it has received a letter from the Maharashtra government declaring a provisional commercial operation date of November 11 for a road project completed by it in Amravati.

Home First Finance Company: The recenlty listed housing finance company said it is planning to raise up to Rs 99 crore by issuing bonds on a private placement basis.

Tourism Finance Corporation of India: The company, on November 22, will consider the issuance of Non-Convertible Debentures to be issued on private placement basis.

TV Today Network: Sunil Singhania’s PMS Abakkus Asset Manager today bought 800,000 shares of TV Today at Rs 345 apiece through a bulk deal on the BSE.

Parag Milk Foods: Investcorp Infrastructure Fund 1 (formerly IDFC Infrastructure Fund 3) sold 2 per cent stake in the company via open market transactions, reducing shareholding to 3.29 per cent from 5.29 per cent earlier.