Stocks that are likely to record significant movement on bourses today

CSB Bank: This is to inform you that the United Forum of Bank Unions (UFBU) has given notice that members of all the constituent unions of UFBU propose to go on nationwide strike on March 15, 2021 (Monday) and March 16, 2021 (Tuesday), demanding resolution of several issues at the industry level. In case, the proposed strike materialises, the employees & officers of the bank belonging to the constituent unions of UFBU may partake in the same which may affect the normal functioning of the branches/offices of the bank at a minimum level as only 1/3 of the total workforce of the bank is affiliated to various unions.  

Jindal Steel & Power: The company continued to report strong production and sales in February 2021. Steel production increased by 18 per cent YoY to 6.53 lakh tonnes as compared to 5.54 lakh tonnes in the previous year. The company also reported a 14 per cent YoY growth in shipments to 5.45 lakh tonnes as compared to 4.80 lakh tonnes in the previous year.  

Thomas Cook: Thomas Cook India bullish on the MICE segment conducts first physical MICE Travel Mart in Delhi in partnership with Marriott International & Tourism New Zealand.   

RITES: RITES declares a second interim dividend of 40 per cent, amounting to 4 per share. Further, the company has commenced export shipments to Sri Lanka and Mozambique. The 10 state-of-the-art railway passenger coaches have been successfully delivered to Sri Lanka and the first shipment of two 3,000 HP Cape Gauge AC-AC locomotives has been flagged off to Mozambique.  

SPIC: Southern Petrochemical Industries Corporation (SPIC) commenced taking delivery of natural gas directly from IOC’s recently inaugurated Ramanathapuram- Thoothukudi natural gas pipeline at its Tuticorin factory.   

Quick Heal Technologies: The promoters of the company have communicated their intention to participate in the buyback and offer up to an aggregate maximum of 46,06,978 equity shares.  

Polycab: The company has incorporated a wholly-owned subsidiary in India under the name & style as ‘Polycab Support Force Private Limited’ and received the certificate of incorporation from the Registrar of Companies (ROC).  

Avanti Feeds: The name of SVIMSAN Exports & Imports Private Limited, a wholly-owned subsidiary of the company has been struck off by Registrar of Companies (ROC) and thus, the said company has been dissolved.   

Titan Industries: The company has completed its exit from Montblanc India Retail Private Limited (MB India). Consequently, MB India ceases to be an associate/JV of the company.  

Shankara: As part of the operations rationalisation programme, the company has identified some retail stores, where it does not find substantial scale-up opportunities in the medium-term. In this context, the company has decided to close retail stores in the following two locations: Mandipet (Tumkur) and Shornur Road (Thrissur).