Indian Railway Finance Corporation Share Price 169.85 04:03 PM | 6 Sep 2024 -3.63(-2.1%) One97 Communications Share Price 603.8 04:03 PM | 6 Sep 2024 -22.75(-3.64%) YES Bank Share Price 23.14 04:03 PM | 6 Sep 2024 -0.25(-1.07%) ITC Share Price 501.7 04:03 PM | 6 Sep 2024 -9.5(-1.86%) HDFC Bank Share Price 1636.95 04:03 … Read more
Billionaire Anil Agarwal’s Vedanta fell short of meeting its initially targeted proceeds from an offer for sale (OFS) in group entity Hindustan Zinc, with the exercise netting ₹3,100 crore for the resources conglomerate that had first sought to garner up to ₹6,500 crore in stake dilution but later reduced the OFS size. Vedanta sold 63.6 … Read more
Shares of Vedanta Group firm Hindustan Zinc on Monday fell around 5%, taking the price erosion in the last one week to about 20%, as its offer for sale (OFS) opened for retail investors. On Friday, non-retail investors had placed bids for 6.3 crore shares against 5.14 crore shares representing 1.22% of equity on offer, … Read more
Domestic markets staged a robust recovery on Friday, gaining nearly 1.5%, driven by positive global cues. In today’s trade, shares of Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, Polyplex Corp among others will be in focus due to various news developments. Hindustan Zinc Metal major Vedanta Limited on Friday said that it will exercise the … Read more
Domestic markets remained lackluster and closed flat on Wednesday, taking a pause after Tuesday’s decline. In today’s trade, shares of Ola Electric, Hindustan Zinc, SpiceJet, SBI, Glenmark Pharma among others will be in focus due to various news developments and first quarter results. Hindustan ZincHindustan Zinc Limited (HZL) has announced its offer for sale from … Read more
Trent and Bharat Electronics (BEL) may be included in the benchmark Nifty in the next shuffling of indices by the NSE in September, according to Nuvama Alternative & Quantitative Research. The two stocks could take the place of LTIMindtree and Divi’s Labs. Nuvama said the changes could result in $500 million inflow into Trent and … Read more
Hindustan Zinc on Friday reported a 19% year-on-year jump in its consolidated net profit to Rs 2,345 crore for the quarter ended June 30, 2024. The same stood at Rs 1,964 crore in the last year quarter. Revenue from operations in the period came in at Rs 7,893 crore, up about 11% from Rs 7,111 … Read more
In what could lead to increased flexibility in paying higher dividends, Hindustan Zinc’s scheme of arrangement with shareholders to transfer ₹10,383 crore of general reserve to retained earnings has been approved by the National Company Law Tribunal. This will help Vedanta upstream dividend from its subsidiary Hindustan Zinc to repay debt at the holding company … Read more
Bulls regained control from the bears on Wednesday pushing the Nifty index above 24,300. In today’s trade, shares of Bajaj Finance, Vedanta, L&T Finance, Hindustan Zinc, Star Health among others will be in focus due to various news developments and first quarter updates. Bajaj FinanceBajaj Finance reported a 10% year-on-year growth in new loans booked … Read more
Indian markets opened at record highs but experienced some correction due to a lack of sustained buying on Tuesday. In today’s trade, shares of YES Bank, DMart, Kotak Bank, Zomato, Hindustan Zinc due to various developments. DMartAvenue Supermarts, which operates DMart stores, reported a standalone revenue of Rs 13,712 crore for the quarter ended June … Read more
