EFC (I) shares may be in focus today, with February 11 as the record date for determining shareholders eligible for the 1:1 bonus share issue. Bonus shares are issued from retained earnings or reserves, rewarding shareholders and improving liquidity. EFC (I) shares closed 2.6% lower at Rs 533.65 on the BSE.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs