“Dividend yield” is the financial ratio measuring the quantum of cash dividends that have been paid out to the shareholders relative to the market value per share. Listed below are three high-dividend yield stocks that are turning ex-dividend in the coming week of December 2023: Bharat Petroleum Corporation Limited With a market capitalization of Rs [...]
The Nifty 50 index has surpassed the 21,000 mark, reaching the level in 61 sessions since it first breached the 20,000 mark on September 11, 2023. This thousand-point rally from 20,000 to 21,000 stands as the 7th fastest rally in the major index's history. Many factors have contributed to this rally like the state election, [...]
The small-cap NBFC stock hit a 5 percent upper circuit at Rs 114 levels after the board approved the plans to raise funds. The board of Mufin Green, today approved the terms and conditions for the issuance of 1,750 unlisted, secured, senior, redeemable, taxable, transferable, non-convertible debentures having a face value of Rs 100,000 each [...]
The Indian government has taken a decisive step to ensure adequate sugar supply and price stability. On December 5th, they issued a directive prohibiting all sugar mills and distilleries from using sugarcane juice to produce ethanol. This action is in response to concerns about the diversion of sugarcane from sugar production to the more lucrative [...]
The shares of this leading provider of high-end specialty chemicals gained up to 0.29 percent after the company bagged orders worth about INR 225 Million, for the specialty polymer compounds. With a market capitalization of Rs 427.73 Crores. Vikas Ecotech Ltd, On Friday, The shares closed at Rs 3.30 a share, a decrease of 1.20 [...]
The shares of India's largest bank in terms of market capitalization climbed 1.5 percent to Rs 1,655 per share on Friday after Macquarie gave an outperform call on the company with a 28 percent upside. At 12:55 p.m., On Friday, HDFC Bank shares were trading at Rs 1,653.45, up 1.41 percent from the previous close [...]
The shares of this IT company jumped around 4 percent in Friday’s trading session after they entered into a Memorandum of Understanding with Marut Dronetech Private Limited to collaborate for the supply of drones. With a market capitalization of Rs. 75.8 crores, the shares of Ram Info Ltd started Friday’s trading session positively at Rs. [...]
Fundamentally strong stock part of the famous Indian Conglomerate the Murugappa Group jumped 5 percent after Motilal Oswal Mutual Funds brought an additional 20 lakh equity shares of the company. At 2:28 p.m. the shares of Tube Investments of India Limited were trading at Rs. 3,469.65, up 1.67 percent from its previous day’s close price [...]
The shares of this pharmaceutical company hit a 20 percent upper circuit of Rs 678.40 a share after the brokerage recommended a ‘buy’ rating. With a market capitalization of Rs 3,196.83 Crores. Orchid Pharma Ltd, On Friday, The shares were trading at Rs 630.30 a share, an increase of 11.49 percent from the previous closing [...]
The shares of this telecom equipment manufacturing company jumped up to 2 percent after it bagged an order worth Rs. 96.42 crores from the Department of Space. The shares have given more than 30 percent returns to its shareholders on a YTD basis. With a market capitalization of Rs. 14,138 crores, the shares of Tejas [...]
