Stocks that are likely to record significant movement on bourses today
Satin Creditcare Network: The company’s AUM stood at Rs 7,274 crore as of March 31, 2021, a growth of 5.3 per cent QoQ, indicating that the growth has started kicking in. For FY21, the company maintained sufficient liquidity of Rs 1,469 crore.
Texmaco Infrastructure & Holdings: CARE assigned 'A-' rating (stable outlook) to Texmaco Infrastructure & Holdings’ long-term bank facilities and 'A1' rating to short-term bank facilities, which factored in the company's plan to venture into the real estate segment.
Hindustan Copper: Hindustan Copper closed its qualified institutional placement (QIP) issue and approved the issue price of Rs 119.60 per equity share.
Power Mech Projects: CARE has revised credit rating of the company's long-term bank facilities (fund-based limits) to CARE 'A-' from 'A', while maintaining a stable outlook.
Bandhan Bank: Loans & advances surge 21 per cent YoY and 8 per cent QoQ. The total deposits jumped 37 per cent YoY and 11 per cent QoQ. CASA deposits rose 61 per cent YoY and 11 per cent QoQ. Collection efficiency for the month of March 2021 was 96 per cent.
Yes Bank: SEBI vide its order dated April 12, 2021, has imposed a penalty of Rs 25 crore against the bank under Section 15HA of SEBI Act, 1992 for the alleged mis-selling of AT-1 bonds in the secondary market.