Godrej Properties on Wednesday reported a nearly three-fold jump in consolidated net profit at Rs 124.94 crore for the first quarter of this fiscal, while sale bookings fell 11% annually in April-June period to Rs 2,254 crore. Its net profit stood at Rs 45.55 crore in the year-ago period. Total income rose to Rs 1,265.98 [...]
Hero MotoCorp on Wednesday announced an increase in prices of the newly launched Harley-Davidson X440 by Rs 10,500 across all variants. The model was launched last month at an introductory price range of Rs 2.29 lakh to 2.69 lahks (ex-showroom). The Harley-Davidson X440 will now start from Rs 2,39,500 onwards (ex-showroom, Delhi). This price increase [...]
Shares of this small-cap stock jumps up to 8.40 percent after signing a Memorandum of Understanding (MoU) with a leading Automobile company based in India. With a market capitalization of Rs 2,900 crores, the stocks of Paisalo Digital Limited opened their trading hour today at Rs 64.25 inching near their 52-week high levels recorded at [...]
Shares of an Indian shoemaker plunged 7.4 percent on Wednesday’s early trades to hit a record low of ₹ 282.75 apiece on the National Stock Exchange (NSE). This happened after volumes jumped at the counter amid reports about a block deal. According to the available data, around 91 lakh shares of the company worth ₹ [...]
The shares of global leader in supply of cables and conductors gained 12 percent to reach all time of Rs 544.15 apiece on Wednesday trade following the company’s strong June quarter financial results. Dynamic Cables Ltd shares were trading at Rs 528.50 a share on the National stock exchange at 1:15 p.m., up Rs 42.55 [...]
Shares of this small-cap cement stock hit the 5 percent upper circuit after billionaire Mr. Gautam Adani-led company plans to buy a majority stake in the company. The company has a market capitalization of Rs 2,600 crores. The stocks of Sanghi Industries Limited started their trading session on Wednesday at Rs 100.73 apiece and, since [...]
Shares of India's largest wine producer and seller tanked 7.4 percent on Wednesday’s early trades to reach an intraday low of ₹ 478.05 apiece on the National Stock Exchange (NSE) after it received an excise duty notice for ₹ 115.90 crore from the Maharashtra Excise Department. At 12:14 PM, its shares were trading at ₹ [...]
Early Wednesday, the shares of a leading player in the power transmission industry with a 45 percent market share fell by 1.2 percent to Rs 249.15 apiece. Power Grid Corporation of India Ltd has announced to issue bonus shares to its shareholders. On the National Stock Exchange at 12:42 p.m., company shares were trading at [...]
Shares of this small-cap stock jumped 14 percent today after the company received an order from Gujarat State Electricity Corporation Limited. In the past six months, the company’s scrip has gained close to 44 percent from Rs 127.10 to the current price level. With a market capitalization of Rs 1,220 crores, the stocks of GE [...]
Dividend yield is a financial metric that compares the amount of cash dividends paid out to shareholders to the market price per share. It is calculated by dividing the dividend per share by the share price and multiplying the result by 100. A dividend-paying stock provides investors with two opportunities of earnings: capital growth of [...]
