The board of the National Stock Exchange (NSE) announced on Tuesday that it has set November 2 as the record date for its 4:1 bonus share issue, which was announced earlier in May. This means that the company will issue 4 bonus shares for each share currently held by its shareholders. “The Bonus Equity Shares … Read more
Shares of Shubhshree Biofuels Energy made a strong debut on the NSE SME platform with a premium of 58.8% on Monday, listing at Rs 189 compared to the issue price of Rs 119. This positive opening reflects strong investor interest, although the listing gains were slightly below grey market expectations, where the shares had been … Read more
Shares of Varun Beverages surged 6% to an intra-day high of Rs 665.65 on BSE as the stock has started trading on an ex-split basis from today (Thursday), which was the record date fixed for the purpose of its 2:5 stock split. The shareholders whose names appear in the company’s database on the record date, … Read more
NBCC shares jumped nearly 5% to Rs 183.70 in Thursday’s intraday trade on the BSE after the company announced a significant deal with Mahanagar Telephone Nigam Ltd (MTNL) for a project valued at approximately Rs 1,600 crore. The two companies signed a Memorandum of Understanding (MoU) on September 11, 2024, to collaborate on developing a … Read more
Shares of Suzlon Energy hit a 5% upper circuit for the third consecutive session, reaching a fresh 52-week high of Rs 86 in Wednesday’s trade on BSE. The rally was driven by positive investor sentiment following Morgan Stanley’s overweight rating on the renewable energy company. The stock saw heavy trading volumes, with nearly 13.94 crore … Read more
The board of Matrimony.com has approved a share buyback of Rs 72 crore at a price of Rs 1,025 per share, which is a 27.5% premium over Thursday’s closing price. Following the announcement, the stock surged 3% to a day’s high of Rs 829.55. “Board approved the proposal of buyback of 7,02,439 fully paid-up equity … Read more
Shares of the metal major Vedanta on Tuesday gained 2% to its day’s high of Rs 473.05 after the company announced third interim dividend of Rs 20 per share for the financial year 2024-25. The total dividend payout will amount to Rs 7,821 crore and the company has set September 10 as the record date … Read more
Foreign Portfolio Investors (FPIs) were net buyers of Indian equities in August, purchasing shares worth Rs 7,320 crore. The total investments by them now stand at Rs 42,886 crore, so far in 2024. In July, FPIs bought domestic shares worth Rs 32,365 crore while in June, they were net buyers at Rs 26,565 crore after … Read more
As a mark of tribute to ace investor late Rakesh Jhunjhunwala on the occasion of his second death anniversary, his family and Rare Enterprises has taken out an advertisement in newspapers with a theme ‘Darne Ka Kya’ which lauds his penchant for taking big risks which ultimately paid him rich returns. The message is “the … Read more
BHEL, Eicher Motors, Bharti Airtel and NTPC among a host of other companies are likely to remain in focus next week as they are approaching their record dates for the purpose of dividend, bonus issues and stock split. The record date is the date set by the company to decide the shareholders who are eligible … Read more
