The stock market is opening today after Holi holiday and then two days off. Last week, there was fluctuations for the market. Today, shares of some companies can be seen in action, whose recent big news has come out about their business activities. Talking about the market, it can remain unstable for some time.
IRFC
The Indian Railway Finance Corporation (IRFC) can declare the second interim dividend for FY 2024-25. The board meeting of the company is to be held today, in which the dividend will be decided. The company’s stock fell down at Rs 117.03 in the previous season. So far this year it has decreased by 22.16%. In other words, it has become more than 22% cheaper.
IndusInd Bank
IndusInd Bank shares can also remain in focus today. The bank’s stock has improved after a major decline. The shares have been strengthened by the statements of bank management and promoters. However, the National Stock Exchange (NSE) has placed the bank shares under the ASM (Additional Monitoring Measures). Such stocks are added to the ASM, which are suddenly getting up and down. The bank’s stock is currently available at a price of Rs 672.65.
Indian bank
Public sector Indian Bank has informed about raising funds. The bank said that a meeting of the Board of Directors has been called on March 20 to consider the proposal to raise funds. In the last session, the bank’s stock closed slightly at Rs 491 with a slight decline. So far this year it has decreased by only 5.13%.
Power grid corporation
The government company Power Grid has informed that it has approved an investment of Rs 341.57 crore for 2 transmission projects. These projects can be operational by 14 July 2026. Power grid shares closed at Rs 268.05 in the last trading session. So far this year, its price has come down by 13.64%.
Muthoot Finance Limited
Non-Banking Financial Company (NBFC) Muthoot Finance has said that the asset (AUM) under management of its gold loan business has crossed Rs 1 lakh crore. On Thursday, the company’s shares closed down at Rs 2,191. So far this year it has decreased by only 1.09%. Its condition has been better than many other veteran shares.