Stocks likely to buzz on bourses today
Banks: Reserve Bank of India (RBI) imposed monetary penalties on 14 banks. Penalties have been imposed due to violation of non-compliance with certain provisions of directions issued by RBI on lending to non-banking financial companies (NBFCs), bank finance to NBFCs along with loans & advances- statutory and other restrictions.
Kalyan Jewellers: Despite only 80 per cent of the company’s showrooms being operational during April 2021, revenue for the month was similar to April 2019. Overall revenue achievement in India for the recently concluded quarter was 55 per cent of Q1FY2020. While Q1FY2021 is not a strictly comparable period given the nationwide lockdown, revenue achievement in Q1FY2022 was 190 per cent as compared to Q1FY2021.
Bajaj Healthcare: The company gets a licence from Defence Research & Development Organisation (DRDO) to manufacture and market ‘2-Deoxy-D-Glucose’ (2-DG), used in the control & treatment of COVID-19.
Kohinoor Foods: Amount default by the company as on date is Rs 697.07 crore.
RailTel Corporation of India: The company has received a work order amounting to Rs 23.43 crore (excluding GST) from Sagar Cable Network towards providing multicast drop and carry with 1.5G capacity at 66 locations for a period of 5 years.
Atlanta: The company has entered into a compromise & negotiated settlement with the lenders of the company viz. State Bank of India, Union Bank of India (including erstwhile Corporation Bank) and Bank of Baroda (erstwhile Dena Bank). The parties have entered into compromised & negotiated settlement as per the terms & conditions mentioned in the sanction advice of the respective banks and accordingly, they have agreed to withdraw the claims/counterclaims filed against each other.
ZEEL: The company informs that it has received the approval from Ministry of Information & Broadcasting as well as Department for transfer of digital publishing business division to Rapidcube Technologies.
Sahghvi Movers: Sanghvi Movers receives an order in excess of Rs 20 crore.
ISGEC Heavy Engineering: ISGEC Hitachi Zosen Limited, subsidiary and joint venture company bags order for critical reactors for the USA.