Stocks in news today: Coal India, DLF, Indian Railway Finance Corporation (IRFC), Canara Bank and others are likely to remain in focus on November 4, 2024 (Monday) Mumbai: As the first full session of Stock market is all set to open in Samvat 2081, the shares of Indian Railway Finance Corporation (IRFC), Coal India, DLF, Canara Bank and other companies are expected to remain in focus on November 4, 2024 (Monday). Coal India share price Coal India shares are expected to remain in news today as the company is looking to eliminate Rs 2,200 crore in accumulated losses at its subsidiary, Eastern Coalfields Ltd (ECL), and to rejoin the dividend list by next financial year. “ECL is performing well and is on track to meet its production target of 54 million tonnes this year.
We expect to eliminate two-thirds of its Rs 2,200 crore accumulated losses this fiscal year, with the remaining losses cleared by the following year, allowing it to rejoin the dividend list,” Prasad said. IRFC share price The shares of IRFC are likely to remain in news as the Railway PSU will be declaring its July-September quarter results of 2024-25. IRFC is a Schedule ‘A’/Miniratna Public Sector Enterprise under administrative control of Ministry of Railways, Government of India.
Canara Bank share price Canara Bank has planned to recover about Rs 6,000 crore from bad loans during the Q2 of 2024-25. The state-owned bank confirmed recovering Rs 2,905 crore, including recovery in written-off accounts, in J.