HDFC inches up on planning to raise up to Rs 2,000 crore

Housing Development Finance Corporation is currently trading at Rs. 2573.90, up by 13.10 points or 0.51% from its previous closing of Rs. 2560.80 on the BSE.

The scrip opened at Rs. 2573.00 and has touched a high and low of Rs. 2581.85 and Rs. 2567.00 respectively. So far 4191 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2895.35 on 16-Feb-2021 and a 52 week low of Rs. 1623.00 on 24-Sep-2020.

Last one week high and low of the scrip stood at Rs. 2635.00 and Rs. 2536.00 respectively. The current market cap of the company is Rs. 462385.25 crore.

The Institutions and Non-Institutions held 88.91% and 10.88% stake respectively in the company.

Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 2,000 crore by issuing debt securities on a private placement basis to augment its long-term resources. The secured redeemable non-convertible debentures for an issue size of Rs 2,000 crore will be open for bid on June 14, 2021 and closes on the same day.

HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.

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Pfizer inches up on partnering with 'Doctors For You' to create 400 oxygen bed capacity at Delhi

Pfizer is currently trading at Rs. 5199.15, up by 2.35 points or 0.05% from its previous closing of Rs. 5196.80 on the BSE.

The scrip opened at Rs. 5216.95 and has touched a high and low of Rs. 5216.95 and Rs. 5182.30 respectively. So far 697 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5875.00 on 10-Nov-2020 and a 52 week low of Rs. 3958.80 on 01-Jul-2020.

Last one week high and low of the scrip stood at Rs. 5233.35 and Rs. 5124.00 respectively. The current market cap of the company is Rs. 23812.38 crore.

The promoters holding in the company stood at 63.92%, while Institutions and Non-Institutions held 16.52% and 19.55% respectively.

Pfizer has partnered with the non-governmental organization, Doctors For You, to help create 400 oxygen bed capacity at Delhi's Yamuna COVID care center. With a grant of Rs 4.5 crore from Pfizer, Doctors For You has procured and deployed 400 high-quality beds with oxygen support and other medically necessary equipment and services of medical and paramedical staff services to maintain the operations at the facility. 10 percent of these beds have been set up to specifically meet the requirements of COVID-19 pediatric patients.

Pfizer has produced innovative breakthroughs in a wide range of research areas, including depression, erectile dysfunction, high cholesterol, HIV infection, hypertension, bacterial infections and systemic fungal infections.

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Adani Green Energy rises as its arm secures 159 MWac solar power project

Adani Green Energy is currently trading at Rs. 1073.85, up by 18.15 points or 1.72% from its previous closing of Rs. 1055.70 on the BSE.

The scrip opened at Rs. 1068.00 and has touched a high and low of Rs. 1088.75 and Rs. 1065.00 respectively. So far 4135 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1341.60 on 24-Mar-2021 and a 52 week low of Rs. 185.00 on 22-Apr-2020.

Last one week high and low of the scrip stood at Rs. 1148.05 and Rs. 1052.30 respectively. The current market cap of the company is Rs. 167951.67 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 23.10% and 1.99% respectively.

Adani Green Energy’s wholly owned subsidiary -- Adani Renewable Energy Holding Fifteen has been awarded a project capacity of 150 MWac solar power project. The fixed tariff for this project capacity is Rs 2.22/ kWh for a period of 25 years. The project is expected to be commissioned by Q3 FY2023.

Currently 3,520 MWac of renewable energy projects are operational. With this, Adani Green Energy now has a total portfolio 15,390 MWac of renewable energy project capacity, out of which 11,870 MWac projects are under implementation.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

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HDFC Bank moves up on planning to raise funds

HDFC Bank is currently trading at Rs. 1407.30, up by 7.00 points or 0.50% from its previous closing of Rs. 1400.30 on the BSE.

The scrip opened at Rs. 1401.00 and has touched a high and low of Rs. 1421.00 and Rs. 1392.55 respectively. So far 92233 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1650.00 on 24-Feb-2021 and a 52 week low of Rs. 826.00 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 1460.60 and Rs. 1353.10 respectively. The current market cap of the company is Rs. 775564.96 crore.

The promoters holding in the company stood at 25.97%, while Institutions and Non-Institutions held 61.02% and 13.01% respectively.

HDFC Bank is planning to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (Financing of Infrastructure and Affordable Housing) up to total amount of Rs 50,000 crore over the period of the next twelve months through private placement mode. The Board of Directors would consider this proposal at its ensuing Board meeting to be held on April 17, 2021.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

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Vodafone Idea surges after its enterprise arm launches Integrated IoT solutions

Vodafone Idea is currently trading at Rs. 9.48, up by 0.05 points or 0.53% from its previous closing of Rs. 9.43 on the BSE.

The scrip opened at Rs. 9.43 and has touched a high and low of Rs. 9.67 and Rs. 9.38 respectively. So far 17034149 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 13.80 on 15-Jan-2021 and a 52 week low of Rs. 3.21 on 09-Apr-2020.

Last one week high and low of the scrip stood at Rs. 9.98 and Rs. 9.26 respectively. The current market cap of the company is Rs. 27183.68 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 7.47% and 20.48% respectively.

Vodafone Idea’s enterprise arm -- Vi Business, has further strengthened its IoT portfolio with the launch of Integrated IoT solutions for enterprises. With this industry first initiative, the company has become the only telecom company in India to offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics, security and support. The offering is designed to simplify and accelerate the digital transformation journey for enterprises.

With the pandemic induced digital disruption, businesses are increasingly transforming to digital means, opting for Internet of Things (IoT) to bridge the need gap, adapt to market dynamics, and the evolving consumer needs. Vi IoT is transforming the way businesses operate by reinventing processes, operations, customer experience and developing newer business models and revenue opportunities.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.

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M&M rides high after its step-down arm incorporates wholly owned Subsidiary

Mahindra & Mahindra is currently trading at Rs. 791.40, up by 10.20 points or 1.31% from its previous closing of Rs. 781.20 on the BSE.

The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 791.75 and Rs. 776.95 respectively. So far 49864 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 952.15 on 08-Feb-2021 and a 52 week low of Rs. 291.05 on 07-Apr-2020.

Last one week high and low of the scrip stood at Rs. 809.60 and Rs. 769.70 respectively. The current market cap of the company is Rs. 98131.40 crore.

The promoters holding in the company stood at 19.44%, while Institutions and Non-Institutions held 66.14% and 14.17% respectively.

Mahindra & Mahindra’s (M&M) step down subsidiary -- Mahindra Susten (MSPL) has incorporated a wholly owned Subsidiary namely ‘Mahindra Solarize’ on April 06, 2021. MSPL has incorporated Mahindra Solarize to mainly undertake business for Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, solar water pump and other Renewable Energy industry based products including Engineering Procurement & Construction (EPC). Mahindra Susten is a wholly owned subsidiary of Mahindra Holdings, which is a wholly owned subsidiary of M&M.

M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

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IDFC First Bank zooms on raising Rs 3,000 crore

IDFC First Bank is currently trading at Rs. 56.70, up by 1.40 points or 2.53% from its previous closing of Rs. 55.30 on the BSE.

The scrip opened at Rs. 55.30 and has touched a high and low of Rs. 56.95 and Rs. 55.05 respectively. So far 1242051 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 69.30 on 04-Mar-2021 and a 52 week low of Rs. 18.50 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 57.80 and Rs. 53.75 respectively. The current market cap of the company is Rs. 35179.06 crore.

The promoters holding in the company stood at 40.00%, while Institutions and Non-Institutions held 27.51% and 32.49% respectively.

IDFC First Bank’s Capital Raising Committee has approved the issue and allotment of 52,31,03,660 Equity Shares of face value of Rs 10 each to qualified institutional buyers at an issue price of Rs 57.35 per Equity Share (including a premium of Rs 47.35 per Equity Share), aggregating to Rs 3,000 crore pursuant to the Issue.

Pursuant to the allotment of Equity Shares in the Issue, the paid-up Equity Share capital of the Bank stands increased to Rs 6198,95,35,150 consisting of 619,89,53,515 Equity Shares. The Capital Raising Committee at its meeting held on April 06, 2021, has approved the issue and allotment of the same.

IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.

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RBL Bank jumps on logging 26% growth in deposits during Q4FY21

RBL Bank is currently trading at Rs. 209.70, up by 3.35 points or 1.62% from its previous closing of Rs. 206.35 on the BSE.

The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 213.30 and Rs. 206.70 respectively. So far 686967 shares were traded on the counter

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 274.00 on 08-Jan-2021 and a 52 week low of Rs. 101.60 on 22-Apr-2020.

Last one week high and low of the scrip stood at Rs. 217.10 and Rs. 203.10 respectively. The current market cap of the company is Rs. 12528.53 crore.

The Institutions and Non-Institutions holding in the company stood at 59.84% and 40.16% respectively.

RBL Bank has recorded Gross Advances (provisional) of Rs 60,012 crore in the fourth quarter ending March 2021 (Q4FY21) period, registering a 2% rise from advances of Rs 58,966 crore in the corresponding period of the previous year. The bank witnessed total deposits (provisional) of Rs 73,123 crore in Q4FY21 rising by 26% from Rs 57,812 crore a year ago same period. The bank's CASA stood at Rs 23,264 crore in Q4FY21 increasing by 36% Year on Year (YoY). While the CASA ratio was at 31.8% in Q4FY21 versus 29.6% in Q4FY20.

RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.

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Entertainment stocks tumble as Maharashtra govt shuts cinema halls

Entertainment stocks were trading lower as Maharashtra government ordered shutting down cinema halls, theatres and multiplexes for public access until further notice to bring the spread of Covid-19 under control. 

PVR is currently trading at Rs. 1138.45, down by 98.35 points or 7.95% from its previous closing of Rs. 1236.80 on the BSE. The scrip opened at Rs. 1179.00 and has touched a high and low of Rs. 1195.50 and Rs. 1138.40 respectively. So far 82714 shares were traded on the counter.

Inox Leisure is currently trading at Rs. 263.25, down by 15.80 points or 5.66% from its previous closing of Rs. 279.05 on the BSE. The scrip opened at Rs. 256.60 and has touched a high and low of Rs. 270.65 and Rs. 256.60 respectively. So far 92097 shares were traded on the counter.

Zee Entertainment Enterprises is currently trading at Rs. 198.60, down by 10.60 points or 5.07% from its previous closing of Rs. 209.20 on the BSE. The scrip opened at Rs. 209.40 and has touched a high and low of Rs. 209.40 and Rs. 195.70 respectively. So far 328453 shares were traded on the counter.

The Maharashtra government on Sunday decided to impose a complete lockdown on weekends and a night curfew in the state to control the spread of the novel coronavirus. The curbs will come into effect from Monday night. They were announced as Mumbai recorded over 11,000 Covid cases. The state posted over 57,000 cases on Sunday -- the highest so far.

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IRCTC declines after suspending services of Ahmedabad Mumbai-Ahmedabad Tejas Express

Indian Railway Catering & Tourism Corporation is currently trading at Rs. 1685.00, down by 66.95 points or 3.82% from its previous closing of Rs. 1751.95 on the BSE.

The scrip opened at Rs. 1727.00 and has touched a high and low of Rs. 1734.50 and Rs. 1677.55 respectively. So far 138083 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2072.95 on 09-Mar-2021 and a 52 week low of Rs. 1083.05 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 1778.85 and Rs. 1677.55 respectively. The current market cap of the company is Rs. 27136.80 crore.

The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 16.05% and 16.55% respectively.

The Indian Railway Catering and Tourism Corporation (IRCTC) has temporarily suspended services of Ahmedabad Mumbai-Ahmedabad Tejas Express for a period of one month with effect from April 02, 2021. The situation will be monitored continuously and decision to operate the train will be taken accordingly. Due to rising of corona cases in Maharashtra and Gujarat, the company has temporarily suspended services.

IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.

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Vedanta rises as its arm to set up copper smelter plant in India

Vedanta is currently trading at Rs. 230.50, up by 1.85 points or 0.81% from its previous closing of Rs. 228.65 on the BSE.

The scrip opened at Rs. 229.90 and has touched a high and low of Rs. 231.05 and Rs. 228.75 respectively. So far 2685247 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 231.05 on 01-Apr-2021 and a 52 week low of Rs. 62.40 on 01-Apr-2020.

Last one week high and low of the scrip stood at Rs. 231.05 and Rs. 221.75 respectively. The current market cap of the company is Rs. 85551.23 crore.

The promoters holding in the company stood at 55.11%, while Institutions and Non-Institutions held 29.26% and 11.41% respectively.

Vedanta’s subsidiary -- Vedanta Resources has called for Expression of Interest (EoI) from state governments for the 500 KTPA (Kilo Tonnes Per Annum) coastal copper smelter plant. The copper smelter of 500 KTPA will require footprint of around 1,000 acres in proximity to port along with logistics connectivity with conveyor/corridor of rail and road to handle 5 mtpa material movement on both in-bound and out-bound side.

As per the EoI document issued, the project has an investment potential of about Rs 10,000 crore that will provide direct and indirect employment to 10,000 people and will contribute around Rs 3,000 crore to the exchequer annually.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

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Adani Enterprises spurts on incorporating wholly-owned subsidiary

Adani Enterprises is currently trading at Rs. 1052.60, up by 21.75 points or 2.11% from its previous closing of Rs. 1030.85 on the BSE.

The scrip opened at Rs. 1044.00 and has touched a high and low of Rs. 1054.00 and Rs. 1034.95 respectively. So far 75128 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1093.00 on 24-Mar-2021 and a 52 week low of Rs. 127.40 on 06-May-2020.

Last one week high and low of the scrip stood at Rs. 1054.00 and Rs. 979.00 respectively. The current market cap of the company is Rs. 114479.23 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 21.50% and 3.59% respectively.

Adani Enterprises has incorporated a wholly-owned subsidiary namely, Vizag Tech Park (VTPL) on March 30, 2021. VTPL is incorporated with the object to develop and establish an Integrated Data Center Park and Technology/ Business park. 

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

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Shriram Transport Finance trades higher on planning to raise funds

Shriram Transport Finance Company is currently trading at Rs. 1436.40, up by 8.00 points or 0.56% from its previous closing of Rs. 1428.40 on the BSE.

The scrip opened at Rs. 1432.00 and has touched a high and low of Rs. 1441.85 and Rs. 1417.25 respectively. So far 38982 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1534.90 on 15-Feb-2021 and a 52 week low of Rs. 487.00 on 07-Apr-2020.

Last one week high and low of the scrip stood at Rs. 1471.00 and Rs. 1349.10 respectively. The current market cap of the company is Rs. 36237.14 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 planning to raise funds by way of issue of redeemable non-convertible 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 concerned committees viz. the Banking and Finance Committee, Debt Issuance Committee, Bond Issuance Committee, Allotment Committee- NCDs will be held to consider and approve the issue and allotment of redeemable non-convertible debt securities during the month ending April 30, 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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Minda Industries surges on getting nod to set up world class lighting manufacturing plant at Gujarat

Minda Industries is currently trading at Rs. 553.50, up by 11.85 points or 2.19% from its previous closing of Rs. 541.65 on the BSE.

The scrip opened at Rs. 560.00 and has touched a high and low of Rs. 563.60 and Rs. 546.50 respectively. So far 2350 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 612.35 on 11-Feb-2021 and a 52 week low of Rs. 218.90 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 591.80 and Rs. 517.00 respectively. The current market cap of the company is Rs. 14896.25 crore.

The promoters holding in the company stood at 70.88%, while Institutions and Non-Institutions held 19.84% and 9.27% respectively.

Minda Industries’ board has approved setting up world class lighting manufacturing plant at Bhagapura, Gujarat to cater to increased demand for 4W automotive Lighting. The business has existing manufacturing facilities at Pune, Chennai and Manesar. The new plant will be in vicinity of key OEM’s hence will also achieve better logistic management. The plant will have state of art manufacturing facilities with unidirectional flow of material, robotic automation for unloading, motorized conveyor system which will result in better operational efficiencies.

The company had augmented its technical capabilities with acquisition of Delvis last year. The company also plans to tap potential export business in Europe and America in future from this plant. Total capital expenditure for this new facility in Gujarat is Rs 90 crore which will be funded through mix of debt and internal accruals. The plant is expected to commence operations by quarter ending March 2022 and will stabilize in subsequent couple of quarters.

Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.

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Indian Energy Exchange spurts as its arm introduces new features to enhance ease of trade

Indian Energy Exchange is currently trading at Rs. 339.65, up by 6.80 points or 2.04% from its previous closing of Rs. 332.85 on the BSE.

The scrip opened at Rs. 344.80 and has touched a high and low of Rs. 347.05 and Rs. 335.65 respectively. So far 88191 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 392.45 on 19-Mar-2021 and a 52 week low of Rs. 120.05 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 388.10 and Rs. 328.80 respectively. The current market cap of the company is Rs. 10187.92 crore.

The Institutions holding in the company stood at 66.24%, while Non-Institutions held 33.76%.

Indian Energy Exchange’s (IEX) wholly owned subsidiary -- Indian Gas Exchange (IGX) has introduced market-friendly features including improved auction methodology aimed at enhancing the ease of trade for market participants.

The move is aimed at enhancing ease of trade for market participants and allowing them the price and volume visibility across hubs. The new trading features would encourage greater participation on the Exchange and help to build gas markets.

IEX is India’s first and no. 1 electricity exchange. It is a transparent, neutral, demutualised, nationwide, automated, online electricity trading platform. It enables efficient price discovery and price risk management for participants of the electricity market including industries eligible for open access through anonymous platform.

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Lupin gains after its healthcare business enters into partnership with Uttarakhand Police

Lupin is currently trading at Rs. 1019.50, up by 4.45 points or 0.44% from its previous closing of Rs. 1015.05 on the BSE.

The scrip opened at Rs. 1016.70 and has touched a high and low of Rs. 1024.90 and Rs. 1005.20 respectively. So far 41748 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1121.85 on 18-Sep-2020 and a 52 week low of Rs. 536.80 on 30-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1027.45 and Rs. 978.05 respectively. The current market cap of the company is Rs. 46215.66 crore.

The promoters holding in the company stood at 46.88%, while Institutions and Non-Institutions held 40.05% and 12.79% respectively.

Lupin’s consumer healthcare business -- LupinLife has entered into partnership with Uttarakhand Police for Kumbh Mela 2021. During the Kumbh, LupinLife will provide five lakh LupiSafe hand sanitizers to policemen and frontline workers deployed at strategic locations - parking spots, food centres, health centres and bathing areas - in Hardwar to keep them safe from COVID-19 and other infections.

LupinLife will also provide brochures to the tourists to ensure they have access to critical information. These include road traffic routes to and from adjoining cities, major bathing dates, demarcated parking spots, etc to help tourists navigate their way easily. The brochures will be distributed at major parking spots to the tourists entering Hardwar by car.

Lupin is an innovation-led transnational pharmaceutical company headquartered in Mumbai, India.

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Bank of Maharashtra shines on raising Rs 100 crore through Bonds

Bank Of Maharashtra is currently trading at Rs. 22.25, up by 1.35 points or 6.46% from its previous closing of Rs. 20.90 on the BSE.

The scrip opened at Rs. 22.70 and has touched a high and low of Rs. 22.95 and Rs. 21.90 respectively. So far 1871822 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.73 on 19-Feb-2021 and a 52 week low of Rs. 8.15 on 26-Mar-2020.

Last one week high and low of the scrip stood at Rs. 22.95 and Rs. 18.05 respectively. The current market cap of the company is Rs. 14596.35 crore.

The promoters holding in the company stood at 93.33%, while Institutions and Non-Institutions held 3.60% and 3.07% respectively.

Bank of Maharashtra has raised Rs 100 crore through private placement of BASEL III Compliant Tier II Bonds. The bank has allotted 1000 Bonds having face value of Rs 10 lakh each. The maturity date will be March 23, 2031.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.

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Trident gains on partnering with ‘Kathy Ireland Worldwide Inc, a California Corporation'

Trident is currently trading at Rs. 14.66, up by 0.13 points or 0.89% from its previous closing of Rs. 14.53 on the BSE.

The scrip opened at Rs. 14.68 and has touched a high and low of Rs. 14.84 and Rs. 14.40 respectively. So far 808739 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 16.98 on 06-Jan-2021 and a 52 week low of Rs. 3.05 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 15.84 and Rs. 13.30 respectively. The current market cap of the company is Rs. 7491.05 crore.

The promoters holding in the company stood at 73.02%, while Institutions and Non-Institutions held 2.54% and 24.44% respectively.

Trident has further strengthened its Brand Portfolio, with the recent addition of ‘Kathy Ireland’ Brand, through the licensing agreement with ‘Kathy Ireland Worldwide Inc., a California Corporation’, under the range of offerings of Home Textiles. Under this exclusive licensing agreement, Trident shall have the right to use the ‘Kathy Ireland’ Brand, in its Home Textiles Products. The collection will also be included in Trident's rapidly expanding e-commerce business, featured on many of the most recognizable platforms in the digital space, as well as at select major brick and mortar retailers.

With this initiative, company will emerge as vigorous International Home Textile Player and will showcase its presence efficaciously to the brand- conscious market of United States of America, Canada, United Kingdom, India and the European Union.

Trident is one of the largest exporters of Home Textile products from India. The company exports to more than 100 countries across 6 continents.

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Maruti Suzuki gains on the BSE

Maruti Suzuki India is currently trading at Rs. 7209.60, up by 106.40 points or 1.50% from its previous closing of Rs. 7103.20 on the BSE.

The scrip opened at Rs. 7130.00 and has touched a high and low of Rs. 7223.00 and Rs. 7130.00 respectively. So far 15783 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 8400.00 on 13-Jan-2021 and a 52 week low of Rs. 4002.00 on 03-Apr-2020.

Last one week high and low of the scrip stood at Rs. 7240.00 and Rs. 6906.05 respectively. The current market cap of the company is Rs. 217742.33 crore.

The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.75% and 4.88% respectively.

Maruti Suzuki India is going to increase the prices of vehicles in April 2021. This price increase shall vary for different models. Over the past year the cost of company's vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in April, 2021.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services. 

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Sonata Software rises on planning to tap customer experience market to fuel growth

Sonata Software is currently trading at Rs. 470.10, up by 2.90 points or 0.62% from its previous closing of Rs. 467.20 on the BSE.

The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 475.60 and Rs. 457.50 respectively. So far 17900 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 539.00 on 16-Mar-2021 and a 52 week low of Rs. 148.10 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 539.00 and Rs. 452.20 respectively. The current market cap of the company is Rs. 4926.71 crore.

The promoters holding in the company stood at 28.17%, while Institutions and Non-Institutions held 26.30% and 45.53% respectively.

Sonata Software is planning to tap the Customer Experience (CX) market to fuel growth with the launch of ‘Cxe’, its unique enhanced integrated CX management solutions developed using the ‘Platformation’ approach, Sonata’s highly acclaimed framework for digital transformation. ‘CXe’ is a compelling offering from Sonata designed for clients across the globe looking for holistic end-to-end CX solutions in the post-pandemic new normal.

The global impact of the pandemic has been unprecedented, with the CX market witnessing a major upturn across all regions. The market is projected to grow from $9.26 billion in 2020 to $21.86 billion in 2027 at a CAGR of 13.0% in the 2020 to 2027 period.

Sonata Software is a global IT services firm focused on catalysing transformational IT Initiatives of its clients through deep domain knowledge, technology expertise and customer commitment.

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