Can Fin Homes

Stocks to watch today: In a relief to multiplexes, the Supreme Court on Tuesday said that theatre owners had the right to prohibit outside food and beverages on their premises

Mortgage lender may raise equity capital before closing Q4 of FY23

Canara Bank promoted housing loan provider Can Fin Homes is planning to raise debt capital of up to Rs 4,000 crore and will seek board of directors' approval on this proposal later this month. The board of directors of the company is scheduled to meet on October 17, 2022 to approve financial results for the company's second quarter and first half ended September 2022-23. "At the said meeting the proposal is being placed to the board seeking approval and authorisations for issuance of non-convertible redeemable debentures up to an amount of Rs 4,000 crore, on private placement basis," Can Fin Homes said in a regulatory filing on Thursday. The company said it will raise the funds in one or more tranches for a period up to the date of the annual general meeting of the current fiscal year. The home loan company said the shareholders approved the debt raise plan at the annual general meeting held on September 7, 2022. Canara Bank has shareholding of 29.99 per cent in Can Fin Homes. Sh

Stocks to Watch Today: In the F&O space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O ban period on Thursday.

Stock under pressure for third day on the trot, sheds 2.34% to close at Rs 552.15 a share on BSE on Wednesday

No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday

Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil.

Will continue to hold the position till the date of his relieving

Pre-provision operating profit (PPOP) was up 10 per cent QoQ and 40 per cent YoY to Rs 215 crore

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housing Bank, said there were irregularities at one of the branches

Stocks like Godrej Property can surge 15 per cent, where as Navin Fluoro can easily jump another 10 per cent provided it consecutively closes above Rs 4250

Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares of Star Cement, La Opala RG, and Can Fin Homes

CARE Ratings expects collections and asset quality for HFCs to improve in the second half as the economy improves

HAL hit a record high of Rs 1,457, up 5.5% on the NSE in intra-day trade today, rising 37% in eight trading days

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts

The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs

Technical charts indicate a trend reversal in Can Fin Homes and Schneider Electric stocks with potential to rise further in the coming days

Can Fin Homes' net profit grew 15 per cent to Rs 93.15 crore for the quarter under review, as against Rs 80.98 crore in the corresponding quarter previous fiscal

All that happened in the markets today

For the quarter ended March 2020, Can Fin Homes had reported a 37.5 per cent jump in net profit at Rs 90.91 crore