Adani Wilmar, HDFC AMC among 17 companies in focus this week for dividend, AGM, rights issue, split, bonus issue

Adani Wilmar, Bank of India, L&T Finance and HDFC Asset Management Company among a host of other companies are likely to remain in focus in the week ahead as they have corporate actions like dividend, annual general meetings, rights issue, split and bonus issue lined up. Here is a list of corporate actions lined up … Read more

apollo hospitals share price: Apollo Hospitals shares rally 3% after reporting Rs 258 crore profit. Should you buy, sell or hold?

Shares of Apollo Hospitals rallied 3.4% in Friday’s early trade to the day’s high of Rs 5,955 after the company reported a 77% year-on-year (YoY) jump in its net profit. The company’s revenue from operations in the January-March 2024 period increased 15% YoY to Rs 4,944 crore and the board of directors have also recommended … Read more

Sharp drop in provisions helped RBI transfer bumper dividend to RBI

The Reserve Bank of India’s income rose 15 percent last fiscal on higher interest income from bond holdings, but it was the sharp drop in provisions transferred to the Contingency Fund that helped it pay a record Rs. 2.1 lakh crore in dividend to the central government. An amount of ₹42,819.91 crore was provided towards … Read more

LIC Q4: LIC Q4 net profit up 2.5%, declares Rs 6/share dividend

Mumbai: Life Insurance Corp. of India (LIC), the country’s biggest insurer, reported a 2.5% increase in net profit to ₹13,762 crore for the March quarter, with wage increases accounted for in the period preventing further expansion in the bottom line. The insurer reported profit of ₹13,421 crore in the same period last year. The solvency … Read more

cochin shipyard shares: Cochin Shipyard shares surge 10%, hit record high post Q4 results

Shares of state-run Cochin Shipyard surged 10% to hit a new record high of Rs 2100 in Monday’s trade on BSE after the company reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the … Read more

D-Street: Raging bulls of India: D-Street dances to RBI record

Mumbai: India’s benchmark indices soared to fresh all-time highs on Thursday as the Reserve Bank of India’s larger-than-expected dividend payment to the government prompted traders to cover some of their bearish bets. Receding uncertainty over the BJP’s performance in the general elections also bolstered sentiment, with the NSE Nifty ending a whisker away from 23,000. … Read more

Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

Wheels India Ltd has reported a 64.3 per cent rise in its net profit for the January-March 2024 quarter at Rs 36.8 crore on the back of exports doing well, the company said. The Chennai-based manufacturer of wheels for trucks, agricultural tractors, passenger vehicles had registered a net profit of Rs 22.4 crore during the … Read more

dividend: Vedanta among 7 companies which declared dividends this week – Dividend Dispensers​

May 19, 2024, 11:07:23 AM IST 1/8 Dividend Dispensers​ With the fourth quarter earnings season, companies rewarded their shareholders with dividends for the financial year 2024. Companies announced dividend amounts as high as Rs 55 per share.Here’s a list of 7 companies that announced dividend in the last week: ​The telecom major Bharti Airtel … Read more

Balkrishna Industries shares jump 5% post Q4 results

Shares of Balkrishna Industries (BKT) surged 5% on the BSE on Saturday to its fresh 52-week high of Rs 2,798.95 after reporting a net profit of Rs 481 crore for the fourth quarter of financial year 2024. BKT’s net profit shot up 88% YoY while revenue jumped 16% to Rs 2,697 crore backed by a … Read more