3 days ago

Stocks in Focus: Texmaco, KIMS, Fino Payments Lead Friday Watchlist

Stocks in Focus: Texmaco, KIMS, Fino Payments Lead Friday Watchlist
Top stocks in focus tomorrow: Investors must watch Fino Payments, KIMS, Texmaco Rail shares on Fri, 11 Sept · livemint.com

Several Indian companies announced important business updates that may affect their shares.

Texmaco Rail & Engineering received a ₹27.82 crore railway equipment order.

Sterlite Technologies introduced new fibre assemblies for AI data centers.

Poonawalla Fincorp plans to raise up to ₹2,000 crore through debt securities.

Fino Payments Bank’s deposits and digitally active customers grew compared with last year.

However, Fino’s transaction value and new deposit accounts declined.

Juniper Green Energy added 35 megawatts of wind power to a hybrid project.

KIMS agreed to operate a healthcare facility for Sarvottam Health Care.

Investors may watch these companies because of their orders, fundraising, operational updates and approvals.

Key facts

Market session
The Nifty 50 rose 0.20% to 23,477 and the Sensex gained 0.19% to 74,902 on Thursday.
Texmaco order
₹27.82 crore order from Hindalco Industries, to be completed within eight months.
Poonawalla fundraising
Up to ₹2,000 crore in secured, redeemable, rated and listed NCDs through private placement.
Fino deposits
Average total deposits rose 12% year-on-year to ₹2,821 crore in August.
Fino loan referrals
Loan referral disbursals increased 367% to ₹243 crore.
Juniper commissioning
The company commissioned 35 MW of wind capacity in its Wind Solar Hybrid Power Project.
KIMS agreement
KIMS will operate a Sarvottam Health Care facility for an initial five-year term, earning 9% of total net revenue.

Sources

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