by Trade Brains | Jun 25, 2022 | 4:17 pm | News, Trending News
Dividend stocks are the companies which have a history of distributing dividends at a consistent rate. Investors hoping to have a regular source of dividends opt for dividend stocks. Companies which offer steady dividends are usually settled companies in mature industries such as utility, FMCG, energy, etc. Here we have covered top dividend-paying companies having [...]
by Trade Brains | Jun 24, 2022 | 4:10 pm | News, Trending News
The shares of textile manufacturer Trident Ltd. were down 0.65% for the day as of 12:35 IST and were trading at ₹ 38.10 per share. Trident is a diversified mid-cap company with interests in home textiles, paper, energy, FMCG and chemical industries. Its bed & bath linen and yarn business contribute majorly to the revenue. [...]
by Trade Brains | Jun 24, 2022 | 1:55 pm | Editor's Pick, News
The shares of government-owned steel producer Steel Authority of India Ltd. (SAIL) have declined 38% to date since early April. As of 12:45 IST, the stock was trading at ₹ 68.45, down 38% since the April 6 closing price of ₹ 110.50 per share. Billionaire investor Rakesh Jhunjhunwala, who earlier held a 1.8% stake in [...]
by Trade Brains | Jun 24, 2022 | 11:45 am | News, Trending News
The shares of Rakesh Jhunjunwala-owned Nazara Technologies were up more than 18.5% in the early hours of trading on Friday. The stock climbed to touch its high of ₹ 618.84 per share as of 9:39 IST, up ₹ 98 from its previous day's adjusted closing price of ₹ 520.90 per share. It must be noted [...]
by Trade Brains | Jun 23, 2022 | 6:42 pm | Editor's Pick, News
The shares of luggage-maker VIP Industries Limited which owns famous brands such as Skybags, Carlton, and Caprese have climbed almost 20% in the previous 10 trading sessions. As of 12:30 IST, the stock was trading at ₹ 619.45 per share, up 19.95% from the price of ₹ 516.56 it registered at 10 AM on 13 [...]
by Trade Brains | Jun 23, 2022 | 4:20 pm | Editor's Pick, News
EKI Energy Services Limited has fixed 1st July 2022 as the record date for the issue of bonus shares. The board of directors had considered and approved the recommendation for a bonus issue of three equity shares for every one share held. The company in the exchange filing informed that “The Board of Directors fixed [...]
by Trade Brains | Jun 23, 2022 | 3:30 pm | News, Trending News
The Board of Directors of Abbott India have recommended a final dividend of 1450% and a special dividend of 1300% on the face value of their shares. Abbott India is a large-cap pharmaceuticals firm with a market capitalization of 37,976 crores. Their shares have a face value of ₹10 apiece. This sums up to a [...]
by Trade Brains | Jun 23, 2022 | 1:17 pm | News, Trending News
Indian equity benchmarks traded in the green on Thursday, led by gains in IT and Auto stocks. A fall in oil prices boosted domestic sentiment. At 11:20 AM, the Nifty 50 was trading at 15617.45 points, 1.32% or 204.15 points higher than its previous close. The BSE Sensex was trading at 52,478.53 points, 1.27% or [...]
by Trade Brains | Jun 22, 2022 | 7:59 pm | News, Trending News
The shares of Axis Bank Ltd have made a new 52-week low of ₹621.25 as of Wednesday. The stock is currently trading at ₹625.55 as of IST 13:45. The share is at a discount of 27.87% from its 52-week high The RSI indicator on the daily charts is at 31.48 points, which indicates that the [...]
by Trade Brains | Jun 22, 2022 | 7:10 pm | IPO, Trending News
Referring to IPOs, Warren Buffet said, “You don't want to get into a stupid game just because it's available,” at the Annual Meeting of Berkshire Hathaway in 2016. The prospects of earning multi-bagger returns are tempting. IPOs attract multifold subscriptions during their bidding period. Despite all the fanfare, many have been wealth destroyers for the [...]