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2 PSU stocks jump up to 4% after companies board announced bonus shares of 1:2 and 1:1

2 PSU stocks jump up to 4% after companies board announced bonus shares of 1:2 and 1:1

India's oil refining and fuel marketing sector is dominated by state-owned companies that play a crucial role in meeting the country's growing energy demands. As of April 2023, India has a total refining capacity of 253.91 million metric tonnes, making it Asia's second-largest refiner.  Investing in stocks of these oil refining and marketing companies can [...]
Stocks jumps after company’s net profit increased by 56% QoQ

Stocks jumps after company’s net profit increased by 56% QoQ

The shares of the leading footwear company gained up to 2 percent after the company’s net profit and revenue increased by 56 percent and 5 percent QoQ respectively in the fourth quarter.  With a market capitalization of Rs 21,162.27 crore, the shares of Relaxo Footwears Ltd were trading at Rs 850.10 per share, increasing around [...]
Pharma stock jumps 4% after company reports strong Q4 results; Declares ₹ 410 dividend per share 

Pharma stock jumps 4% after company reports strong Q4 results; Declares ₹ 410 dividend per share 

The Shares of this pharmaceutical company experienced a 4.8% surge, reaching ₹26,760.75 per share on Friday, following the announcement of robust Q4 results, which included a dividend of ₹410 per equity share.  At 10:45 a.m., Abbott India Ltd shares were trading at ₹26,180 per share, up 2.42% on the National Stock Exchange from the previous [...]
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