Yes Bank to raise share capital, stock tanks
Yes Bank to raise share capital, stock tanks

Yes Bank to raise share capital, stock tanks

DSIJ Intelligence Article rating: 3.8

Yes Bank Limited on Monday has received acknowledgement from Reserve Bank of India (RBI) to go ahead with the proposed increase in its authorized share capital. Despite such a positive development, the stock of Yes Bank tanked more than 15 per cent to hit 10-year low of Rs. 40.95 in BSE.

Reliance Capital stock hits 20-year low
Reliance Capital stock hits 20-year low

Reliance Capital stock hits 20-year low

DSIJ Intelligence Article rating: 3.7

Reliance Capital is set to exit from two of its credit verticals which include Reliance Commercial Finance and Reliance Home Finance. Reacting to this news, the stock of the company declined by 13.6 per cent to hit Rs. 24.20, its lowest since March 1999.

Signet Industries receives orders worth Rs. 73 crore
Signet Industries receives orders worth Rs. 73 crore

Signet Industries receives orders worth Rs. 73 crore

DSIJ Intelligence Article rating: 5.0

On Monday, Signet Industries informed the exchanges of receiving orders of approximately Rs. 73 crore from L&T Limited and Shapoorji & Pallonji co. Pvt. Ltd. Despite this news, the stock of the company fell by 4.8 per cent on Monday.

Kalpataru Power zooms 4 per cent on new order
Kalpataru Power zooms 4 per cent on new order

Kalpataru Power zooms 4 per cent on new order

Nidhi Jani Article rating: 5.0

The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.

Indices extend losses amid profit booking
Indices extend losses amid profit booking

Indices extend losses amid profit booking

DSIJ Intelligence Article rating: 5.0

At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.

Glenmark to market Montlezir in Russia
Glenmark to market Montlezir in Russia

Glenmark to market Montlezir in Russia

DSIJ Intelligence Article rating: 3.7

Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.


Lakshmi Vilas Bank locked at lower circuit
Lakshmi Vilas Bank locked at lower circuit

Lakshmi Vilas Bank locked at lower circuit

Pratik Shastri Article rating: 2.8

Chennai based private sector bank, Laskhmi Vilas Bank reported that the RBI has initiated the PCA plans against the bank, on Friday, market hours. The stock was locked in lower circuit at Rs. 34.75 in BSE.

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