Dividends, one of the most popular terms associated with capital markets, is usually defined as a payment that a company makes to its shareholders. The dividends are paid in the form of cash (cash dividends) or in the form of additional shares of the company (stock dividends). Listed below are three stocks that will be [...]
Shares of a hospitality company gained more than 12 percent in the past five days to reach a 52-week high of ₹ 108.50 apiece on the National Stock Exchange (NSE). This happened after the company announced that it has signed two licence agreements for properties in Bhubaneswar and Kasauli. Its shares settled at ₹ 107.45. [...]
Return on equity (ROE) signifies a company's capacity to generate returns on investments made by its shareholders. Return on Equity (ROE) is the measure of a company’s net income divided by the value of its total shareholders’ equity. Here are three sugar stocks with High ROE Triveni Engineering and Industries Ltd Triveni Engineering and Industries Ltd [...]
The Initial Public Offering (IPO) of stainless steel flexible hose manufacturer Aeroflex Industries was subscribed 6.69 times on the first day of subscription on Tuesday. The Rs 351 crore IPO received bids for 15,52,35,730 shares against 2,32,17,667 shares on offer, as per NSE data. The category for non-institutional investors received 14.05 times subscription while the [...]
The CBI has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday. The officials of 13 banks are under the agency's scanner for allegedly assigning Rs 3,224 [...]
Mr. Ashish Kacholia, a well-known ace investor based in India, has an aggregate holding of 41 stocks with a net worth of over Rs 2,400 crores. Listed below is one of the stocks in Mr. Ashish Kacholia’s portfolio that reported a high return on equity (RoE) and return on capital employed (RoCE): Gravita India Limited [...]
Leading stock exchange BSE on Tuesday postponed the removal of Jio Financial Services Ltd, the demerged non-banking financial services unit of Mukesh Ambani-led Reliance group, from all the S&P BSE Indices to August 29. Earlier, the stock was scheduled to be removed from the indices on August 24. Jio Financial Services Ltd (JFSL) got listed [...]
State-owned Power Finance Corporation (PFC) will seek shareholders' approval for the issuance of bonus shares by capitalising up to Rs 660.02 crore in its securities premium account. PFC has proposed to issue bonus shares by capitalising securities premium accounts to the extent that each shareholder is entitled to a new equity share of Rs 10 [...]
Shares of a penny stock listed on the BSE opened 5 percent higher and continued to remain locked in an upper circuit at ₹ 11.55 apiece after the company’s board approved the raising of funds. GI Engineering Solutions’ board of directors considered and approved the raising of funds to augment the long-term financial resources of [...]
Bharat Petroleum, the second-largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, has unveiled, cricketing legend and current Head Coach of the Indian cricket team, Rahul Dravid as its new brand ambassador. This incredible partnership underscores our unwavering commitment to quality, authenticity, and excellence. Rahul Dravid's remarkable sportsmanship, role [...]
