Out of the overall loans set to be restructured, almost 60 per cent of them were inclined to slip into the non-performing assets (NPAs) category if not for the recast move. The restructuring will help banks' bottom-line as the money to be set aside as provisions will be lower.

Soda is a part of the basic chemistry product segment, which contributes to more than 60 per cent of its consolidated revenue. The company has announced that the ongoing Capex for capacity expansion is near completion at its Mithapur Plant.

Everyone is eager to know what the mutual fund managers bought and sold but mostly keen to know what they actually bought. So, let’s know more about the stocks that attracted fund managers in July 2020. Let’s find out.

The market opened in red on August 20, 2020. 

The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.

The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.

PNB Housing Finance informed the bourses that its board of directors at its meeting held on August 19, 2020, have approved the fundraising plan through equity capital aggregating up to Rs 1,800 crore through preferential issue or rights issue

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro Limited, has signed a memorandum of understanding (MoU) with NTPC Ltd, wherein LTHE shall be the engineering, procurement, and construction (EPC) management partner to build CO2 to Methanol demonstration plant in NTPC Power Station.

The company reported net sales of Rs 3043.08 crore in Q1FY21, which declined by 2.22 per cent YoY from Rs 3112.32 crore in Q1FY20.

Factors like the early onset of monsoon, 19 per cent higher Kharif sowing, and agricultural inputs being an essential commodity, these companies carried out their operations during the COVID-19 lockdown period.