Articles for category: Business

Rajiv Sharma

Company to issue ₹150 dividend per share, investors rush in as price surges to ₹3000.

Company to issue ₹150 dividend per share, investors rush in as price surges to ₹3000.

In the Indian stock market, companies that offer dividends are generally viewed as attractive investment options, as they provide regular income to shareholders. One such notable player is Page Industries Limited, a special licensee for Jockey Innerwear in India. Recently, the company released its quarterly results and made an announcement regarding dividend distribution, a move ...

Rajiv Sharma

Shares worth 86 paise attract investors, company to raise funds again.

Shares worth 86 paise attract investors, company to raise funds again.

Standard Capital Markets recently announced a substantial fundraising effort, successfully raising ₹27 crores. This significant financial move has positively impacted the company’s stock price, leading to an increase of 5% to ₹0.90 from the previous close of ₹0.86. The journey of the share price has been noteworthy, particularly since it was recorded at ₹0.81 on ...

Rajiv Sharma

PSU stock drops 45% after 300% rise in two years

PSU stock drops 45% after 300% rise in two years

HUDCO (Housing and Urban Development Corporation) has recently seen its shares fall significantly, showing a decline of 45% from their 52-week high. Despite this drop, the company’s stock has experienced remarkable growth over the past two years. This article will explore the factors influencing HUDCO’s stock performance, analyze its historical trends, and provide insights into ...

Rajiv Sharma

Budget 2025 Live: Why are loans forgiven for the rich but not for farmers? Questions raised by Arvind Kejriwal.

Budget 2025 Live: Why are loans forgiven for the rich but not for farmers? Questions raised by Arvind Kejriwal.

Introduction The Indian Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, has brought significant announcements that cater to various sectors, including agriculture, education, and infrastructure. Aimed at boosting the economy and providing relief to the middle-class citizens, the budget seeks to create a more balanced and robust economic framework for the country. This ...

Rajiv Sharma

99% smartphones made in India, significant decline in imported mobiles

99% smartphones made in India, significant decline in imported mobiles

Introduction Over the past decade, the production of domestic electronics in India has experienced remarkable growth, reaching a staggering ₹9.52 lakh crore in the fiscal year 2023-24. While this surge signifies a robust market potential, the industry’s primary focus on assembly processes has hindered significant advancement in design and component manufacturing. This article delves into ...

Rajiv Sharma

5 Major Rule Changes from February 1 Impacting Middle-Class Finances, Budget to be Presented on the Same Day

5 Major Rule Changes from February 1 Impacting Middle-Class Finances, Budget to be Presented on the Same Day

Introduction As we usher in the month of February, significant changes are on the horizon that could impact the financial landscape for many citizens. On February 1, Finance Minister Nirmala Sitharaman will present the annual Union Budget, which is expected to introduce various policies and reforms. In addition to the budget announcements, there are also ...

Rajiv Sharma

Maruti's profits up 16%, sales rise, yet shares remain volatile

Maruti’s profits up 16%, sales rise, yet shares remain volatile

Maruti Suzuki, India’s leading automobile manufacturer, has recently reported its financial results for the third quarter of the fiscal year 2023-24. The company’s profit has shown a notable increase compared to the previous year, reflecting robust demand and operational efficiency. In this article, we will delve deeper into the factors contributing to Maruti Suzuki’s impressive ...