The Markets are expected to open marginally lower today as trend in GIFT nifty indicate a negative start - ARETE Securities
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The Markets are expected to open marginally lower today as trend in GIFT nifty indicate a negative start for the broader index after Nifty closed 141 points higher at 21,658 on Thursday.
State Bank Of India:
The private lender concluded the placement of a BBB?rated Green Bond worth $250 million.
Power Finance Corp:
The company increased its FY24 market borrowing plan to Rs 1.05 lakh crore from Rs 80,000 crore.
REC:
The company's unit REC Power Development and Consultancy signed a Rs2,094 crore MoU with the Gujarat Government for the implementation of a smart metering project in Paschim Gujarat Vij Company
L&T Finance Holdings:
The company estimates retail loan book at Rs 74,750 crore up 31% YoY and retail disbursement at Rs 14,500 crore up 25% YoY and portfolio realisation estimated at 91% at the end of Q3. The company raised Rs 500 crore via private placement of non?convertible debentures.
RBL Bank:
The company recorded total deposits at Rs 92,743 crore, up 13% YoY, and gross advances at Rs 81,870 crore, up 20%, and a CASA ratio of 33.8% vs 36.6% YoY.
Jammu and Kashmir Bank:
The company recorded total deposits at Rs 1.28 lakh crore, up 9% YoY, and gross advances at Rs 93,626 crore, up 14.1% YoY and CASA ratio at 50.59% vs 53.71% YoY.
Sun TV Network:
The company's unit Kal Radio approved the merger of Udaya FM into itself.
Torrent Pharmaceuticals:
The company incorporated a subsidiary in Columbia for business expansion.
Grasim Industries:
The company set Rs 1,812 per share as the price for its Rs 4,000?crore rights issue, which is at a 12.47% discount to the current market price. It will issue up to 2.2 crore shares on a partly?paid basis.
Dabur India:
The company estimated that its revenue in Q3 will grow to a mid?to?high single digit, driven by the food business. The food and beverage category is expected to grow in the high?single?digit, while the home and personal care division is expected to have record growth in the mid?single digits.
Jupiter Wagons:
The company received an order worth Rs 473 crore from the Ministry of Defence to manufacture and supply of 697 Bogie open military wagons.
Lupin:
The pharma major has received tentative approval from the U.S. FDA for Dapagliflozin and Saxagliptin tablets to market a generic equivalent of Qtern tablets of AstraZeneca AB
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