Stocks in the news: Bajaj Finance, UltraTech Cement, Bajaj Finserv, Vedanta & GMM Pfaudler
Vedanta will receive Rs 5,843 crore as dividend from its subsidiary Hindustan Zinc that announced a dividend of Rs 21.30 per share.
Shriram Transport Finance raises Rs 100 crore via NCDs
The issue size was Rs 100 crore, and the tenure of the bonds is 560 days (18 months an...
Shares of Tata Power Company Ltd. rises as Nifty gains
On the technical charts, the 200-day moving average of the stock stood at Rs 47.68.
NSE-BSE bulk deals: Hsquare Globaltrade sells Jump Networks
Hsquare Globaltrade LLP sold 5,00,000 shares of Jump Networks at Rs 91.95 per share.
Banks slowly reviving bad loan sales to ARCs, Rs 20,000 cr put on block in H1
Industry data accessed by ET show that banks have identified bad loans worth Rs 19,947 crore to be sold during the first half of the current fiscal.
With RBI not on same page, fewer companies may qualify
Also, banks cannot escape signing the inter-creditor agreement (ICA) even by doing extra provisions and there will be no restructuring without a signed ICA, according to the RBI notification.
Britannia, HDFC Life trade higher ahead of Q2 earnings
“Britannia will post 12 per cent revenue growth as demand for biscuits remains high as it is a cheap and hygienic product in terms of consumption with many more tea drinking occasions,” said analysts at Elara Securities.
Stock market update: Nifty Auto index down 1%; Eicher Motors slips over 3%
The index was trading 1.03 per cent down at 7877.65.
Stock market news: HDFC Bank shares trade flat in early session
Shares of HDFC Bank Ltd. traded 0.28 per cent up in trade at 11:32AM on Monday.
Stock in the news: HDFC Bank, Dr Reddy’s Labs, Britannia, ACC and HDFC Life
L&T Tech, Bank of Maharashtra, Rallis India and CSB Bank are slated to announce their Q2 results on Monday.
As more auditors quit, D-Street sees reason to worry
The stock of UPL fell as much as 9% on Friday after KPMG resigned as the auditor of its material arm in Mauritius, though it was to re-organise the audit process.
HCC shares jump 10% as company completes sale of FRHL to Cube Highways
HCC Concessions has completed the sale in its road project to Cube Highways. The enterprise value comprised a debt of Rs 905 crore and an equity valuation of Rs 603 crore.
Tata Power Company Ltd. shares down 1.04% as Nifty drops
A total of 1,709,497 shares changed hands on the counter till 01:44PM (IST).
TVS Motor Company Ltd. shares falls 2.31% as Nifty drops
A total of 25,818 shares changed hands on the counter till time (IST).
Shriram Transport Finance Company Ltd. shares gain 0.52% as Sensex falls
A total of 35,880 shares changed hands on the counter till 10:21AM (IST)