Stocks that are likely to record significant movement on bourses today
Shriram Transport Finance Company: CRISIL has revised its rating outlook on the long-term debt instruments of the company to ‘stable’ from ‘negative’ while reaffirming the ratings at ‘CRISIL AA+’. The rating on commercial paper has been reaffirmed at 'CRISIL A1+'
BPCL: The board of directors has declared an interim dividend of Rs 5 per share equity share. Further, the board of directors has fixed March 27, 2021 (Saturday) as a record date to determine the eligibility of the shareholders to receive the said interim dividend.
SBI: Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 crore on State Bank of India (SBI) for contravention of provisions of Section 10(1)(b)(ii) of the Banking Regulation Act, 1949 and specific directions of RBI issued to the bank on payment of remuneration to employees in the form of commission.
Muthoot Finance: ICRA has upgraded its ratings on the long-term debt facilities of Muthoot Finance from ‘[ICRA] AA (stable)’ to ‘[ICRA] AA+ (stable)’ (pronounced as [ICRA] double-A plus).
Datamatics Global Services: Datamatics has been recognised as a ‘strong performer’ for RPA Software by Independent Research Firm.
BEML: BEML bagged orders from Cameroon & Bangladesh for the supply of construction equipment-a major boost for exports under ‘Make in India’.
Bharat Forge: Kalyani Rafael Advanced Systems Pvt Ltd (KRAS). KRAS MSME, a joint venture between two global giants, India’s Kalyani Group & Rafael Advanced Defence Systems of Israel rolls out its first batch of the medium-range surface-to-air missile (MRSAM) for the Indian Army as well as the Air Force. All of this is in consonance with the umbrella, ‘Make in India’ idea.
GMM Pfaudler: GMM Pfaudler acquires assets of HDO Technologies Ltd (in liquidation).
Dalmia Bharat Sugar: The company is launching sulphur-free white crystal sugar and natural brown sugar under the consumer brand ‘Dalmia Utsav’ and starting a new journey of business to consumer (B2C) products.
HG Infra Engineering: The company has been declared as L-1 bidder by National Highways Authority of India (NHAI), New Delhi.