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Tuesday will see private banks buzzing on the bourses. The respective boards of IndusInd Bank, DCB Bank and Lakshmi Vilas Bank will meet to decide on their Q3 financial performance. Analysts expect IndusInd Bank to report a healthy growth of about 30 per cent in net profit year-on-year and 10-15 per cent q-o-q. Some analysts expect net interest margin of IndusInd Bank, which is also part of the Nifty index, to decline marginally.
Restructuring to boost Educomp Solutions
Shares of Educomp Solutions will remain in focus on Tuesday, as the company's board meets to consider an issue of equity shares, according to a corporate debt restructuring scheme. The board will also consider restructuring options pursuant to the CDR scheme. For the quarter ended September 2014, the education major reported a loss of ₹366.92 crore and for the June quarter, the loss stood at ₹325.28 crore. For fiscal 2014, the company reported a loss of ₹312.23 crore.
SRS Real Infra turns ex-bonus today
Shares of SRS Real Infrastructure will turn ex-bonus on Tuesday. The stock, which closed with a gain of 19.8 per cent at ₹53.95, will start trading in the range of ₹20-25, as the company is rewarding its shareholders with 1:1 bonus shares. Investors buying the shares from Tuesday will not be eligible to receive the bonus shares. Only 917 retail shareholders, who hold 4.32 per cent stake in the company, will benefit. Bodies corporate will gain the most with 26 per cent stake.
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