Stocks To Watch: Muthoot Finance, Ashok Leyland, UCO Bank

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Muthoot Finance’s Board will meet on Monday, April 12, 2021 to contemplate interim dividend for FY 2020-21

The home inventory markets are more likely to open agency, extending the upmove witnessed on Monetary coverage day, because of cautiously optimistic cues from the worldwide market entrance. Wall Street recorded modest positive aspects in a single day, Asian markets are set for a mildly optimistic begin and early indications from SGX Nifty futures buying and selling counsel a wholesome opening for the indices again dwelling. At 7:30 am, the Nifty futures have been buying and selling at 14,929, larger by 65 factors or 0.57 per cent, on the Singapore Stock Exchange.

On Wednesday, the BSE Sensex rallied 460.37 factors and Nifty climbed 135.50 factors after the RBI saved the important thing coverage charges unchanged within the first financial coverage of fiscal 2022.

Stocks to observe in commerce in at the moment’s session (April 8, 2021)

Ashok Leyland

Ashok Leyland has determined to kind two new subsidiaries as a part of its plans to strengthen inexperienced transport options. The first unit — Switch Mobility Automotive — is being shaped to hold on the electrical automobile technique in India and varieties a part of its international entity. The second subsidiary — OHM Global Mobility — will deal with offering mobility as a service providing.

Muthoot Finance

A gathering of the Board of Directors is scheduled to be held on Monday, April 12, 2021 to contemplate and declare an interim dividend for the monetary yr 2020-21.The firm has mounted April 23 because the document date for deciding on the shareholders who shall be entitled to obtain the interim dividend.

UCO Bank

UCO Bank mentioned its board has authorised allotment of choice shares to the federal government for infusing Rs 2,600 crore capital into the financial institution.

Hindustan Copper

Hindustan Copper opened its certified institutional placement problem for subscription on April 7, the corporate mentioned in a regulatory submitting to the inventory exchanges. The ground value has been mounted at Rs 125.79 per share.



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