Wipro Ltd, one of India’s leading IT services companies, is expected to announce bonus shares soon. The company’s board meeting is scheduled for October 17, where a decision will be made regarding the issuance of bonus shares. In addition to this significant development, Wipro is also anticipated to release its quarterly results on the same ...
Bonus stocks represent a strategic method companies utilize to reward existing shareholders by issuing additional shares. Recently, Shakti Pumps announced an impressive plan to issue five bonus shares for every one share held by investors. This decision marks the company’s return to offering bonus shares after a 13-year hiatus, with the last occurrence in 2011 ...
In recent days, Power Share has been in the spotlight due to significant fluctuations in its stock price. The company experienced a 5% lower circuit limit on the previous Friday, bringing its share price down to ₹44.23. This follows a period where the stock was consistently hitting upper circuit limits, indicating extreme volatility. Understanding the ...
In recent times, Initial Public Offerings (IPOs) have attracted significant interest from investors looking to capitalize on new opportunities within the stock market. With several IPOs scheduled for the upcoming week, including an SME (Small and Medium Enterprises) IPO, investors are keen to understand the potential and dynamics involved. One standout offering is the Lakshya ...
In the dynamic world of investments, bonus shares can often attract significant attention, particularly in niche markets such as penny stocks. Grovy India Ltd, a company engaged in the real estate sector, is set to make headlines with its first-ever bonus issue, offering investors an enticing opportunity for growth and shareholder value. Understanding Bonus Shares ...
The Reserve Bank of India (RBI) has opted to maintain its key interest rate, known as the repo rate, while simultaneously moderating its previously aggressive stance. This decision marks the initial step towards a potential reduction in interest rates in the future. Understanding the implications of this decision is crucial for various stakeholders, including consumers, ...
Introduction Hyundai Motor India Limited is on the verge of launching its much-anticipated Initial Public Offering (IPO). As the IPO date approaches, the company has unveiled its ambitious future plans which include significant investments aimed at enhancing production and strengthening its position in the Battery Electric Vehicle (BEV) sector. This article delves into Hyundai’s future ...
In the dynamic world of investments, initial public offerings (IPOs) play a crucial role in capital markets. The upcoming week promises to be particularly eventful for Indian investors, as Hyundai Motor India prepares to launch what is set to be the largest IPO in the nation’s history. Alongside Hyundai, two other companies are also set ...
Hindustan Aeronautics Limited (HAL) has recently been conferred with the prestigious status of a Maharatna company. This recognition signifies HAL’s significant contributions to the aerospace sector and its vital role in India’s defense capabilities. As reported by the Department of Public Enterprises on Saturday through social media, this elevation acknowledges HAL’s robust financial performance and ...
The financial performance of Avenue Supermarkets in the September quarter has shown an notable improvement, reflecting the company’s resilience and strategic initiatives. This increase in profit demonstrates the company’s effectiveness in navigating market challenges and capitalizing on consumer trends. Financial Performance Overview Avenue Supermarkets reported a profit of ₹659.44 crores for the September quarter, marking ...