Stock Radar: JSW Energy, IndiGo, Oil India, Genus Power and IREDA stocks in focus

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Here’s a quick look at stocks likely to be in focus in Wednesday's trade, covering quarterly earnings, order wins, and acquisitions announced by companies after market hours on Tuesday:JSW Energy LimitedThe Office of the Principal Commissioner, CGST and Central Excise, Kolkata, has imposed a penalty of Rs 54.99 lakh on the company for allegedly incorrectly availing input tax credit (ITC) during the financial year 2019-20.Izmo LimitedIzmo Limited, specializing in automotive software solutions, has launched izmo Microsystems, a subsidiary focused on semiconductor packaging and manufacturing in Bangalore.IREDAThe International Financial Services Centre Authority (IFSCA) granted provisional registration to IREDA Global Green Energy Finance IFSC Limited, a wholly-owned subsidiary of IREDA Ltd, as a finance company at Gift City on September 4.Reliance IndustriesReliance Retail Ventures Limited and Delta Galil Industries have entered a strategic partnership in India. Through the joint venture with Reliance Retail, Delta Galil will expand its presence in India and establish an apparel innovation platform focused on the Indian market.Bhageria Industries LimitedBhageria Industries Limited has received a Show Cause Cum Demand Notice from the Commissioner of CGST, Palghar, alleging a tax demand of Rs 2.09 crore. The company plans to file an appeal before the Commissioner (Appeals) against the order before the due date.GenusThe company has established two wholly-owned step-down subsidiaries on September 10, 2024. The new subsidiaries are Genus Shekhawati Smart Metering Solutions SPV Private Limited and Genus Marwar Smart Metering Solutions SPV Private Limited.Ashoka BuildconThe company has sold its 90% stake in ABL Indira Projects JV LLP, a joint venture with Indira Projects & Development (Tamil Nadu) Private Limited, for a Maldives project. The stake was sold for Rs 5.44 crore, and payment has been received.Astra Microwave ProductsThe company has signed a Memorandum of Understanding (MoU) with Premier Explosives Limited, Hyderabad, for a strategic alliance to develop and sell multiple products jointly.Oil IndiaA Memorandum of Understanding (MoU) was signed on September 10, 2024, between OIL, OVL & KABIL and International Resources Holding RSC Ltd. (IRH), UAE, for global cooperation in critical mineral supply chains.Yes BankThe Board of Directors has approved the appo...

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