Stocks to watch- ◆ Axis Bank: Competition Commission has appr | Neeraj Joshi
Stocks to watch-
◆ Axis Bank: Competition Commission has approved the proposed infusion of Rs 1,612 crore by company in Max Life Insurance.
◆ KEC International: The company secured orders worth Rs 816 crore across various businesses.
◆ L&T Finance Holdings: The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY.
◆ Brigade Enterprises: The company signed a joint development agreement with United Oxygen to develop a 'Grade A' office space with a leasable area of 3.0 lakh square feet and the project has a gross development value of around Rs 340 crore.
◆ Avenue Supermart: The company's standalone revenue from operations stood at Rs 12,393.5 crore, up 19.9% YoY for the fourth quarter. Total number of stores was 365 as on March 31.
◆ Vodafone Idea: The board will meet on April 6 to consider shares issuance proposal of equity and/or convertible shares on preferential basis.
◆ Vedanta: Vedanta Aluminium has expanded its alumina refining capacity to 3.5 million tonne per annum.
◆ Suryoday Small Finance Bank: The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY.
◆ RBL Bank: The company reported total deposits at Rs 1.03 lakh crore up 22% YoY as on March 31 and gross advances at Rs 85,640 crore, up 5% YoY.
◆ GE Power: The company received orders worth Rs 774.9 crore from Jaiprakash Power.
◆ Thomas Cook: The company has inaugurated a new branch in Bhuj, Gujarat to capitalise on the strong and growing demand from Gujarat.