Muthoot Finance and Manappuram Finance shares dropped 8-9% on BSE following an RBI advisory on cash disbursal of loans. The RBI instructed NBFCs to comply with the Income Tax Act, limiting cash disbursement to Rs 20,000.
Inox Wind shares rose nearly 2% after securing a ₹755-crore, 100 MW turnkey order from Indian Oil Corporation. The project includes turbine supply, EPC, execution
IFCI shares rallied over 16% in two sessions amid expectations that the long-delayed NSE IPO could be nearing launch. IFCI indirectly owns more than 4%
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