Artson Engineering has received purchase order for Rs 42.76 crore excluding taxes from Kutch Copper for Manufacture & Supply of 10 Nos. Gas to Gas Heat Exchangers. The said order is expected to be executed in 11 months.
Dhabriya Polywood has commenced manufacturing of uPVC Doors & Windows at its new factory situated at Dodballapur Industrial Area, Bengaluru. With this new unit, company will focus on increasing its market share in southern regions.
Tech Mahindra has entered into a strategic partnership with SoftTech, a provider of advanced digital solutions for the construction and civil infrastructure industry, to digitally transform the global construction and infrastructure industry. The partnership will combine the technological capabilities of Tech Mahindra and the domain expertise of SoftTech to provide customized solutions for end-to-end digital transformation of business in the construction and infrastructure industry.
Bandhan Bank has reported a 22 per cent jump in loans and advances at Rs 99,374 crore at end of September quarter 2022 (Q2FY23). The Bank's loans and advances were Rs 81,661 crore in the year-ago period. Total deposits of the private sector lender rose by 21 per cent to Rs 99,365 crore at end of September quarter 2022, as against Rs 81,898 crore a year ago. Of this, retail deposits were of Rs 73,660 crore, which was higher by 7 per cent from the year ago's Rs 68,787 crore. The retail deposit includes current account and savings account (CASA) of Rs 40,509 crore, up by 11 per cent from a year earlier. CASA ratio was at 40.8 per cent as of September 30, 2022. Bank's retail deposit formed 74 per cent of the total deposits.
Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 12,000 crore by issuing bonds on a private placement basis next week. The secured redeemable Non-Convertible Debentures (NCDs) will carry a coupon rate of 8.07 per cent per annum for a tenor of 10 years. The object of the issue is to augment the long-term resources of the corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the corporation.
The Board of Directors of Nikhil Adhesives announced the capacity expansion for New Product named as RDP (Re-dispersible Polymer Powder). The commencement of the Product will be carried out at Dahej Plant of the Company.
Shriram City Union Finance has raised Rs 150 crore through the allotment of Senior Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh each aggregating upto 1500 NCDs on private placement basis. The Banking and Securities Management Committee of the Company in its meeting held on October 7, 2022 has approved and allotted the same.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 581.30 |
| Housing & Urban Dev. | 232.30 |
| Bajaj Housing Financ | 87.55 |
| Piramal Finance | 2017.85 |
| PNB Housing Finance | 1090.90 |
| View more.. | |
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