NIFTY Pharma, the harbinger of the sectors that boomed during the Covid-19 pandemic has been down more than 12% since the start of this year. After its correction, market experts believe that the pharma and healthcare industry may be an attractive bet again. Here are three pharma stocks recommended by Sharekhan Securities to buy for [...]
The board of Ajanta Soya on 20th April 2022, approved splitting the shares of the face value of ₹ 10 each into shares of the face value of ₹ 2 each. The shares will start trading ex-split on Thursday, 16th June 2022 and the record date for the split is 17th June 2022. “Pursuant to [...]
The African Union is India’s fourth largest trading partner after the United States, China and the United Arab Emirates, propped up by diversification in Indian exports to the continent, a senior State Bank of India official has said in a seminar here. With a share of 8.52 percent in global trade, India’s total trade with [...]
The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday. Talking to PTI, Singh said the number of income tax returns last fiscal was 7.14 crore against 6.9 crore in the preceding financial year, showing a clear growth. "There is [...]
PI Industries Ltd is a major player in the agrochemicals industry, with a significant presence in both the domestic and international markets. The shares of the company closed at ₹2576 on Friday. In the past five sessions, the shares have come down by 3.95%. They are also down 15.59% on a year-to-date basis The shares [...]
There is always a divide between the investors opting for growth stocks or high dividend yield stocks. Dividends promise a steady stream of earnings in the pockets of the shareholders. Whereas growth companies offer prospects of multibagger capital gains to the investors. Historically, companies which have retained their earnings have outperformed the dividend-paying stocks over [...]
Nepal has started exporting the total approved 364 MW of electricity to India through its power exchange market. Buoyed by continuous rainfall this year, the Himalayan nation is exporting surplus electricity to India through its power exchange market for the second consecutive year, according to the Nepal Electricity Authority (NEA), the state-owned power utility body. [...]
Two multibagger stocks that will trade ex-bonus next week are Avantel and Cosmo Films. This means that the ex-date will be the final day to purchase the shares in order to be eligible in the record book of the companies for a bonus share issuance that has been announced. Avantel Ltd. Avantel Ltd. announced a [...]
Seeking to regulate misleading advertisements targeting children, the government on Friday came out with a detailed guidelines that prohibit companies from making false claims on health and nutritional benefits, persuading kids to buy goods and services with promotional gifts, and developing negative body image in children. Under the 'Prevention of Misleading Advertisements and necessary due [...]
Quick Trading and Investment Advisors LLP and Vipul D Modi have settled with market regulator Sebi in case pertaining to alleged insider trading in the shares of Religare Enterprises after paying settlement amount totalling Rs 2.43 crore. Individually, Vipul D Modi paid Rs 22.31 lakh towards settlement charges, while Quick Trading remitted Rs 2.21 crore [...]