Stocks that are likely to record significant movement on bourses today

Stocks that are likely to record significant movement on bourses today

Karan Dsij
/ Categories: Trending

Panache DigiLife: Panache DigiLife circuit limit has been revised to 10 per cent from 20 per cent earlier.   

IndusInd Bank: Moody’s has affirmed long-term local & foreign currency deposit ratings of the bank at Ba1 & baseline credit assessment (BCA) and adjusted BCA at ba2. The outlook has been changed to ‘stable’ from ‘negative’.   

Rossari Biotech: Rossari Biotech is set to issue equity shares aggregating to Rs 300 crore on a preferential basis.    

Equitas Small Finance Bank: Equitas Small Finance Bank renews partnership with Chennai Super Kings for IPL 2021.   

Hero MotoCorp: Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles & scooters with effect from April 1, 2021. The price hike has been necessitated to partially offset the impact of increased commodity costs. Further, the company has launched new Destini 125 ‘Platinum’ edition.  

TCS: The company has been ranked among the top two in the PEAK Matrix® IT Service Provider of the Year: ITS Top 20 by Everest Group. Additionally, TCS was named the Leader of the Year in Application Services & Life Sciences, as well as the Star Performer of the Year in Healthcare.  

MOIL:  The company has informed that its joint venture company in partnership with Rashtriya Ispat Nigam Limited (RINL) namely, RINMOIL Ferro Alloys Pvt Ltd has been closed. 

Bank of Maharashtra: The bank has successfully raised capital of Rs 100 crore through private placement of BASEL III compliant Tier II Bonds.

Vascon Engineers: Vascon Engineers Limited has emerged as the lowest bidder for 2 projects of Uttar Pradesh Public Works Department.   

Agro Tech Foods: Income Tax Appellate Tribunal (ITAT), Hyderabad has allowed the company’s appeals for allowance of certain expenditures for financial years 2009-10 to 2013-14. The order of ITAT is in favour of the company and as a result, the contingent liability towards disputed direct tax liability shown in the financial statements of the company for FY19-20 will be reduced by approx. Rs 13 crore, henceforth.

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