In this post we are going to talk about from which angle you should keep an eye on the share on 3rd January 2023. Share In News List: L&T, SBI, UCO Bank, Federal Bank, Bank of Maharashtra, KOICL Ltd.
L&T:
L&T Construction Wins Major Orders for its Water & Effluent Treatment Business.
The Water & Effluent Treatment Business of L&T Construction has bagged repeat orders from the Government of Madhya Pradesh to execute two lift irrigation projects to irrigate 2,05,000 Ha of culturable command area covering more than five hundred villages of Dewas & Dhar districts in the state of Madhya Pradesh on a turnkey basis.
SBI:
The SBI board has approved the issuance of infra bonds of ₹10,000 crores. The Executive Committee of the Central Board to be held on Tuesday, 3rd January, 2023 to consider raising of Infrastructure Bonds up to an amount of Rs.10,000 crores.
UCO Bank:
Outcome of the UCO Bank’ Board Meeting – Approval for raising of Tier I Capital upto Rs.1000 crore through issuance of Additional Tier – I (AT-I) Bond. we inform that the Board of Directors of the Bank at its meeting held on this day i.e. 03.01.2023 has approved the proposal for raising of Tier I Capital aggregating upto Rs.1000 crore in the form of Additional Tier I Bonds in one or more tranches upto FY 24 i.e. till 31st March 2024.
Federal Bank:
Federal Bank Q3 Update:
- Advances at up 19.1% YoY, deposits up 14.8% YoY
- CASA Ratio at 34.25% vs 36.41% QoQ & vs 36.68% YoY
Bank of Maharashtra:
Bank of Maharashtra Q3 Update:
- Deposits up 11.7% & gross advances rise 21.8% (YoY)
- CASA ratio at 52.50% Vs 56.27% (QoQ) & Vs 55.05% (YoY)
KIOCL:
KIOCL Ltd : Karnataka govt executes mining lease deed with co for 50 years in Ballari.
In furtherance of the above and pursuant to Regulation 30 read with Schedule III of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Govt. of
Karnataka has executed the Mining Lease deed on January 2, 2023 with KIOCL Ltd. for grant of a
mining lease for Iron Ore and Manganese Ore, over an extent of 388 ha for a period of 50 years in
Devadari Range, Sandur Taluk, Ballari District, Karnataka State.
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