Shriram Transport Finance trades jubilantly on planning to raise funds

Shriram Transport Finance is currently trading at Rs. 1269.90, up by 158.55 points or 14.27% from its previous closing of Rs. 1111.35 on the BSE.

The scrip opened at Rs. 1180.00 and has touched a high and low of Rs. 1270.35 and Rs. 1166.40 respectively. So far 309776 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1331.36 on 24-Feb-2020 and a 52 week low of Rs. 428.56 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1270.85 and Rs. 1097.80 respectively. The current market cap of the company is Rs. 30935.50 crore.

The promoters holding in the company stood at 26.48%, while Institutions and Non-Institutions held 67.16% and 6.36% respectively.

Shriram Transport Finance Company (STFC) is considering raising of funds by way of issue of debt securities in onshore/offshore market by private placement basis and/or public issue subject to market conditions. In this regard the meeting(s) of the Banking and Finance Committee/Debt Issuance Committee / Bond Issuance Committee will be held to consider and approve such issuances of debt securities during the month ending February 28, 2021.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.

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Tata Elxsi shines on collaborating with Syntiant Corporation

Tata Elxsi is currently trading at Rs. 2624.70, up by 146.65 points or 5.92% from its previous closing of Rs. 2478.05 on the BSE.

The scrip opened at Rs. 2500.00 and has touched a high and low of Rs. 2635.00 and Rs. 2500.00 respectively. So far 56644 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2849.50 on 21-Jan-2021 and a 52 week low of Rs. 501.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2849.50 and Rs. 2410.25 respectively. The current market cap of the company is Rs. 15949.00 crore.

The promoters holding in the company stood at 44.53%, while Institutions and Non-Institutions held 17.44% and 38.03% respectively.

Tata Elxsi has collaborated with Syntiant Corporation, a deep learning chip technology company, to help manufacturers design and develop low-power always-on voice applications across multiple product categories, such as smart home devices and consumer electronics, as well as industrial and automotive use cases.

The agreement between Tata Elxsi and Syntiant aims to provide end-to-end solutions and services for customers using Syntiant’s deep learning Neural Decision Processors to enable low-power AI optimization in edge devices easily. The companies can deliver a turnkey solution that brings low latency, highly accurate inference to near- and far-field voice applications, including speaker identification, keyword spotting, multiple wake words, event detection, and local commands recognition.

Tata Elxsi is a global design and technology Services Company and works with customers across industries such as automotive, broadcast, healthcare and telecom for product and software development.

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Hero MotoCorp shines on surpassing 100 million cumulative production milestone

Hero MotoCorp is currently trading at Rs. 3406.00, up by 160.25 points or 4.94% from its previous closing of Rs. 3245.75 on the BSE.

The scrip opened at Rs. 3279.95 and has touched a high and low of Rs. 3426.00 and Rs. 3265.50 respectively. So far 35689 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3,426.00 on 22-Jan-2021 and a 52 week low of Rs. 1475.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 3426.00 and Rs. 3084.00 respectively. The current market cap of the company is Rs. 67341.66 crore.

The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 55.87% and 9.37% respectively.

Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crore) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of the Company’s manufacturing facility in Haridwar, in the northern Indian hill state of Uttarakhand.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

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L&T Finance Holdings declines on reporting 51% fall in Q3 consolidated net profit

L&T Finance Holdings is currently trading at Rs. 99.55, down by 5.55 points or 5.28% from its previous closing of Rs. 105.10 on the BSE.

The scrip opened at Rs. 102.90 and has touched a high and low of Rs. 103.55 and Rs. 98.65 respectively. So far 1120006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.00 on 11-Feb-2020 and a 52 week low of Rs. 46.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 108.60 and Rs. 98.65 respectively. The current market cap of the company is Rs. 20000.88 crore.

The promoters holding in the company stood at 63.65%, while Institutions and Non-Institutions held 14.63% and 21.72% respectively.

The company has reported net loss of Rs 27.63 crore for the third quarter ended December 31, 2020 as against net loss of Rs 25.43 crore for the same quarter in the previous year. Total income of the company decreased by 51.07% at Rs 21.01 crore for Q3FY21 as compared Rs 42.94 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 50.82% fall in its net profit attributable to owners at Rs 290.66 crore for the quarter under review as against net profit of Rs 591.03 crore for the same quarter in the previous year. Total income of the company decreased by 3.04% at Rs 3622.16 crore for Q3FY21 as compared Rs 3735.79 crore for the corresponding quarter previous year.

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Tata Motors trades higher on commencing production of upcoming flagship SUV Safari

Tata Motors is currently trading at Rs. 245.70, up by 0.55 points or 0.22% from its previous closing of Rs. 245.15 on the BSE.

The scrip opened at Rs. 246.35 and has touched a high and low of Rs. 249.50 and Rs. 242.50 respectively. So far 3934445 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 249.80 on 14-Jan-2021 and a 52 week low of Rs. 63.60 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 249.80 and Rs. 199.55 respectively. The current market cap of the company is Rs. 75880.64 crore.

The promoters holding in the company stood at 42.39%, while Institutions and Non-Institutions held 28.33% and 17.81% respectively.

Tata Motors has commenced production of its upcoming flagship SUV Safari. The auto major rolled out the first Safari unit from its Pune-based manufacturing facility.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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Equitas Small Finance Bank jumps after its deposits increase 51% YoY in Q3FY21

Equitas Small Finance Bank is currently trading at Rs. 40.60, up by 1.15 points or 2.92% from its previous closing of Rs. 39.45 on the BSE.

The scrip opened at Rs. 41.00 and has touched a high and low of Rs. 41.70 and Rs. 40.25 respectively. So far 203624 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 42.30 on 07-Jan-2021 and a 52 week low of Rs. 30.10 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 42.30 and Rs. 37.20 respectively. The current market cap of the company is Rs. 4621.30 crore.

Equitas Small Finance Bank’s total deposits stood at Rs 15,862 crore (provisional) as of December 31, 2020 (Q3FY21), up 23% QoQ from Rs 12,901 crore as of September 30, 2020 and up 51% year on year (YoY)  from Rs 10,493 crore as of December 31, 2019. Gross Advances stood at Rs 17,385 crore (provisional) as of December 31, 2020, up 4% QoQ from Rs 16,731 crore as of September 30, 2020 and up 19% YoY from Rs 14,615 crore as of December 31, 2019.

CASA was at Rs 3,967 crore (provisional) as of December 31, 2020, up 22% QoQ from Rs 3,246 crore as of September 30, 2020 and up 81% YoY from Rs 2,196 crore as of December 31, 2019. CASA Ratio stood at 25% (provisional) as of December 31, 2020 as against 25% as of September 30, 2020 and 21% as of December 31, 2019.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.

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Ashok Leyland jumps on reporting 14% rise in December sales

Ashok Leyland is currently trading at Rs. 103.60, up by 4.50 points or 4.54 % from its previous closing of Rs. 99.10 on the BSE.

The scrip opened at Rs. 99.60 and has touched a high and low of Rs. 104.40 and Rs. 99.60 respectively. So far 2111334 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 102.05 on 17-Dec-2020 and a 52 week low of Rs. 33.70 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 99.90 and Rs. 93.70 respectively. The current market cap of the company is Rs. 30470.77 crore.

The promoters holding in the company stood at 51.54 % while Institutions and Non-Institutions held 32.24 % and 16.23 % respectively.

Ashok Leyland has reported sales figures for the month of December 2020. The company has reported marginal rise of 14% in sales (domestic + exports) during December 2020 at 12762 units as against 11168 units in December 2019. LCV sales were up 42% Y-o-Y at 5878 units in December 2020 as against 4143 units in December 2019. M&HCV Trucks and bus sales stood at 6235 units and 649 units, respectively.

Domestic sales rose 14% Y-o-Y in December 2020 to 11857 units as compared to 10378 units in December 2019. Domestic LCV sales increased 42% Y-o-Y to 5682 units, as compared to 4009 units in December 2019.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

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