Top gainer: Bajaj Finserv 1,875 ▲ 67 (+3.75%)
Top loser: BPCL 260 ▼4.3 (-1.63%)
Shares of KEC International were trading 6.64% higher at ₹717.05 apiece on the BSE
Shares of KEC International were trading 6.64% higher at ₹717.05 apiece on the BSE after the company secured new orders of ₹1,267 crore across its various businesses. They are as below: Transmission & Distribution (T&D). The business has secured NOAs/comfort letters for T&D projects in India and the Americas. The business has secured orders for the supply of various types of cables and conductors in India and overseas.
Shares of IndusInd Bank surged as much as 5.19% to ₹707 apiece on the BSE on Monday
Shares of IndusInd Bank surged as much as 5.19% to ₹707 apiece on the BSE on Monday, March 17, in the opening deals, after on Saturday, March 15, the Reserve Bank of India (RBI) assured customers that IndusInd Bank remains ‘well-capitalised.’ It also directed the bank’s board to complete remedial action within this month regarding an estimated ₹2,100 crore accounting discrepancy.
Shares of Ola Electric Mobility slipped over 6% on the NSE
Shares of Ola Electric Mobility slipped over 6% on the NSE as the company, in its filing to exchanges on Saturday, March 15, said that a petition has been filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) by Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, a wholly owned subsidiary of the company. Ola Electric said that it has sought appropriate legal advice, and it strongly disputes the claims made. The company will take all necessary and appropriate steps to protect its interests and object to the allegations in the matter.