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The Reserve Bank of India has restricted Kotak Mahindra Bank from paying dividend on perpetual non-cumulative preference shares in accordance with its December 4 circular ....
At meeting held on 10 December 2020The Board of Centum Electronics at its meeting held on 10 December 2020 has approved the proposal for further investment in Centum Adetel Group (CAG) SA. With the proposed investment, the company s stake in CAG will increase from 59.77% to 64.66%. This investment will be done through Centum Electronics UK, a wholly owned subsidiary of the company, subject to necessary approvals. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising o ....
Stocks in news: Kotak Mahindra Bank, TCS, Bank of Baroda, Muthoot Finance, Coal India, United Spirits Stocks to watch today on December 11: Kotak Mahindra Bank, TCS, Bank of Baroda, Muthoot Finance, Coal India, United Spirits among others are the top stocks to watch out for in Friday s trading session BusinessToday.In | December 11, 2020 | Updated 09:52 IST Stocks to watch today on December 11 Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Friday s trading session based on latest developments. TVS group: TVS Motor Company Chairman and MD Venu Srinivasan on Thursday said members of the TVS family have agreed to subscribe to the terms of a memorandum of family arrangement to align and synchronise the ownership of shares in various group companies. Listed group companies include TVS Motor Co. Ltd, Sundaram-Clayton Ltd, Sundaram Fasteners Ltd, TVS Electronics Ltd and TVS Srichakra Ltd. ....
Centum Electronics tumbled 5.21% to Rs 380.55 amid profit taking after a recent steep surge. The stock jumped 25.95% in the past three sessions to end at Rs 401.45 yesterday (10 December 2020), from its recent closing low of Rs 318.75 recorded on 7 December 2020. In the past one month, the stock has zoomed 39.36% while the benchmark S&P BSE Sensex has added 5.75% during the same period. On the technical front, the stock s RSI (relative strength index) stood at 74.775 on BSE. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. The stock was trading above its 50-day, 100-day and 200-day daily simple moving averages (SMA) placed at 297.54, 316.82 and 300.12, respectively. These levels will act as crucial support zones in near term. ....