Varun Beverages Announces Record Date for Dividend Distribution: Check Details Here!

Varun Beverages share price gained attention during early trading hours today. The company has fixed Friday, April 4, 2025, as the record date for dividend distribution. News reports suggest that the company will offer a final dividend of ₹0.50 per share. This is for the year ending of December 2024. The face value of each share is ₹2.

Varun Beverages Share Performance and Trading Volume

In today’s trading session, Varun Beverages share price surged slightly. It was up 0.07% at ₹531.45 on BSE. Its turnover reached ₹4.48 crore. The stock has risen notably from its 52-week low. It rose 26.60% from ₹419.40 on March 3, 2025.

Dividend Approval and Payment Details

As per news reports, the Board of Directors finalised the record date today via a circular resolution at 9:42 AM. The AGM for approval of the final dividend is scheduled for Thursday, April 3, 2025. Payment will likely begin on Monday, April 7, 2025.

The record date is set to fix the eligibility of shareholders for dividend receipt. The dividend will be paid to those shareholders who are listed on the company’s records and depository lists before April 4, 2025.

Strong Financial Results for Q4 2024

Varun Beverages witnessed a notable growth in net profits. The company’s net profits rose by 40.3% during the December 2024 quarter. It jumped to ₹185.1 crore from ₹131.9 crore in Q4 2023.

Its revenue from operations also surged by 40.3% from ₹2,731 crore to ₹3,818 crore. EBITDA also grew by 38.7% to ₹580 crore. This is a significant increase from ₹418 crore in Q4 of FY 2023.

About Varun Beverages

Varun Beverages is a major beverage company that operates as PepsiCo’s franchisee. It produces and distributes a wide range of beverages. This includes carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs). It also produces packaged drinking water brought under PepsiCo trademarks.

Conclusion

Varun Beverages has announced April 4, 2025 as the dividend record date. The company has reported strong quarterly financial results. Its share price has exhibited a modest increase. The company is a major operator in India’s beverage industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks).

JTL Installs New Tech for Steel Tube Production in Maharashtra

JTL Industries has deployed Direct Forming Technology (DFT) at its production facility in Mangaon, Maharashtra. This upgrade will significantly enhance its existing steel tube production capacity. DFT will accelerate the direct creation of various hollow section sizes without requiring roll changes. This will speed up production by eliminating setup time.

Benefits of DFT to JTL Industries

Unlike traditional methods, DFT relies on computerised automation. This accelerates production time while ensuring better precision. It also minimises material wastage and facilitates cost-cutting. With the installation of DFT, JTL will now be able to produce high-strength steel tubes and profiles for both domestic and international markets.

Expanded Product Range and Reduced Downtime

As per news reports, DFT will expand JTL’s existing product range from 1,200 to 2,000 SKUs. The facility will now produce larger rectangular and square tubes with higher material thickness. The adoption of DFT by JTL is estimated to reduce its downtime by 33% and cut associated costs by 25%.

Financials of JTL Industries 

Over the past 3years, JTL Industries has recorded a 77.69% profit growth. It has also recorded a revenue growth of 67.29%. It has also maintained an ROE (return on equity) of 35.78% and has reduced its debt by ₹85.05 crore. However, it has reported negative cash flow from operations.

About JTL Industries 

JTL Industries Limited is a part o f the Jagan Group. It was founded in 1991 as a maker of ERW Black Pipes. It is based in Chandigarh and has 4 manufacturing plants across India. It produces galvanised steel pipes, solar mounting structures, and large steel tubes.

JTL Industries boasts a manufacturing capacity of over 586,000 MTPA. It serves all of India and exports to over 20 countries. With a wide product range, a skilled workforce, and a large dealer network, JTL is recognised as a Star Export House and holds ISO 9001:2015 certification.

As of 2.34 PM on March 25, JTL Industries share price was down 3.69% and was trading at ₹79.94 on the NSE. It closed at ₹79.50 at 3.30 PM.

Conclusion

JTL Industries has installed an advanced technology at its Managoin steel tube production plant in Maharashtra. This will enhance its production capacity and existing product range. However, its share price declined by 3.69% today.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

How Much Will You Take Home Monthly If Your CTC Is 10 LPA?

A job offer boasting a ₹10 lakh annual salary will certainly take you over the moon. However, it’s still vital to understand how much of that translates into your actual monthly paycheck. To plan your finances effectively, let’s break down the different parts of your salary and estimate what you’ll be taking home each month.

Understand Your Salary Structure

Your total compensation package is known as CTC (Cost to Company). It is made up of various elements. These can include your base pay, HRA (for accommodation), gratuity, special allowance, medical allowance, insurance coverage, bonuses, and contributions towards your Provident Fund (PF), among other things.

However, the entire CTC amount doesn’t land in your bank account each month. Several deductions, such as contributions to your EPF (Employees’ Provident Fund), professional taxes, and income taxes, will be subtracted from this total.

Figuring Out Your Actual Paycheck

To understand what you’ll actually receive each month, follow these straightforward steps to calculate your take-home, also known as in-hand or net salary.

Step 1: Calculate Your Gross Salary

Gross Salary = CTC (Cost to Company) – (Your EPF Contribution + Gratuity Amount)

Step 2: Determine Your Taxable Income

Taxable Income = Gross Salary + Income from Other Sources – Deductions

To arrive at your taxable income, subtract various allowances (like HRA, LTA, and conveyance), professional tax, medical expenses, insurance premiums, and your tax-saving investments from your gross salary. This will give you your basic monthly salary.

Understanding Income for Tax 

When calculating income tax, remember to include earnings from all sources, such as:

  • Your regular salary from your employer
  • Profits from selling shares or property (capital gains)
  • Income from any house property you own (like rent or interest paid on a home loan)
  • Income from your own business or profession
  • Other income sources (like interest from savings accounts, fixed deposits, or bonds)

Common Deductions

  • House Rent Allowance (HRA): You can significantly reduce your taxable income based on your rent and where you live. The exempt amount is the lowest of: the HRA you received, the rent you paid minus 10% of your basic salary, or 50% of your basic salary if you reside in a metro city (like Delhi, Mumbai, Chennai, or Kolkata), but only 40% if you live in a non-metro city. This difference reflects the higher cost of living and rental expenses typically found in major metropolitan areas, directly impacting your potential savings.
  • Standard Deduction: A fixed deduction of ₹50,000 is available each year. This replaces the previous transport and medical allowances.
  • Leave Travel Allowance (LTA):You can claim LTA for domestic travel twice within 4 years, as long as you provide valid bills.
  • Other Salary Components:Certain parts of your salary, like medical reimbursements and telephone bill reimbursements, might also be exempt from tax.

Final Monthly In-Hand Salary Calculation

Below is a structured salary breakdown based on the estimated calculations.

Component Amount (₹)
Cost to Company (CTC) 10,00,000
Bonus Included in CTC 1,00,000
Monthly Deductions Professional Tax: 100

Employer PF: 4,500

Employee PF: 4,500
Total Monthly Deductions 9,100
Total Annual Deductions 1,09,200
Net Take-Home Monthly 74,233
Net Take-Home Annual 8,90,800

Keep in mind that this salary breakdown is a general illustration. Your actual take-home pay will differ due to company-specific policies and deductions for things like income tax. Furthermore, your choice between the new tax regime (with potentially lower rates but fewer exemptions) and the old tax regime (with potentially higher rates but more available deductions) will significantly affect your final paycheck.

Conclusion

While a 10 LPA CTC initially seems substantial, after accounting for deductions, the estimated monthly in-hand salary is around ₹74,233. However, it’s crucial to remember that individual factors and company rules can greatly influence this amount. For a precise understanding of your salary structure and deductions, always consult with a financial advisor and carefully examine your offer letter.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

EPF Payments: List of Banks Offering Digital Provident Fund Payment Facilities

Online payment has been the mandatory method for EPF contributions by all registered employers since September 2015. Employers can use the EPF’s official portal or their bank’s website if the bank offers this facility.

Benefits of Making EPF Contributions

Contributing to the Employees’ Provident Fund (EPF) offers several key benefits. Firstly, it provides tax advantages, with both employee contributions and the interest earned being tax-free under specific conditions. Furthermore, even inactive accounts continue to accrue interest.

Secondly, the EPF ensures a lifelong assured pension under the Employees’ Pension Scheme (EPS) after 10 years of contributory membership, offering financial security post-retirement.

Beyond retirement benefits, the EPF also provides insurance coverage through the EDLI scheme, offering a lump-sum payout to the nominee in case of the employee’s death during service. While long-term stability is encouraged, the scheme also allows for premature partial withdrawals for specific needs after a stipulated period of service.

Finally, the EPF offers relatively high returns through a diversified investment portfolio, though slightly lower than the NPS, and ensures that the accrued balance is transferred to the nominee upon the employee’s demise.

Which Banks Offer Digital Payment Facilities for PF Contribution?

1. Axis Bank 15. Bank of Maharashtra 29. IDBI Bank 43. Standard Chartered Bank
2. State Bank of Bikaner and Jaipur 16. State Bank of Mysore 30. Karnataka Bank 44. Ratnakar Bank
3. Bank of Baroda 17. BNP Paribas 31. Punjab & Maharashtra Coop. Bank 45. Tamilnad Mercantile Bank
4. State Bank of Hyderabad 18. State Bank of Patiala 32. RBS (The Royal Bank of Scotland) 46. Shamrao Vithal Co-op. Bank
5. Bank of India 19. Canara Bank 33. Punjab and Sind Bank 47.TNSC Bank
6. State Bank of India 20. State Bank of Travancore 34. Saraswat Bank 48. South Indian Bank Ltd
7. 35 Syndicate Bank 21. Catholic Syrian Bank 35. Punjab National Bank 49. YES Bank
8. City Union Bank 22. Vijaya Bank 36. Deutsche Bank 50. Bank of Bahrain and Kuwait
9. UCO Bank 23. Development Credit Bank 37. ICICI Bank Limited 51. Karur Vysya Bank
10. Corporation Bank 24. Allahabad Bank 38. Central Bank of India 52. Indian Bank
11. Union Bank of India 25. Federal Bank 39. Indian Overseas Bank 53. Kotak bank
12. Cosmos Bank 26. Andhra Bank 40. Dena Bank 54. IndusInd bank
13. United Bank of India 27. HDFC Bank Limited 41. Jammu and Kashmir Bank 55. Lakshmi Vilas Bank
14. Janta Sahkari Bank 28. Oriental Bank of Commerce 42. Dhanlaxmi Bank 56. ING Vysya Bank

How to Make Digital EPF Payment?

  1. Log in to the EPFO portal using your ECR credentials.
  2. Verify your establishment details.
  3. Go to ‘Payment’ and select ‘ECR Upload’.
  4. Prepare and upload your ECR text file.
  5. Wait for file validation.
  6. Note the TRRN generated upon successful validation.
  7. Verify the TRRN and prepare the challan.
  8. Enter admin charges and finalize the challan.
  9. Click ‘Pay’ against the TRRN.
  10. Choose ‘online’ payment mode and your bank.
  11. Complete payment on the bank’s website.
  12. Receive transaction ID and confirmation on the EPFO page.

*ECR stands for Electronic Challan cum Return. It includes details like salary disbursal rate, rate of contribution, and wage month.

*TRRN stands for Temporary Return Reference Number (TRRN).

Conclusion

Online EPF payments have been made compulsory since 2015. They offer substantial convenience and can be done through numerous listed banks or the EPFO portal. This ensures timely PF contributions for employees while offering them insurance coverage, tax benefits, and pension security simultaneously.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Unified Pension Scheme (UPS) Rollout in 2025; Will Provide Guaranteed Pensions

The Unified Pension Scheme (UPS) begins April 1, 2025. It is a part of the National Pension System (NPS). It provides guaranteed pension benefits. It also includes government contributions. It ensures financial security post-retirement and provides investment flexibility.

Get Guaranteed Pension Based on Service Under The UPS

UPS provides structured pension payouts based on service years. Those with over 25 years of service receive 50% of their last 12 months’ average basic salary. Similarly, employees with nearly 10-25 years get proportionate amounts of pensions. Longer service yields typically higher payouts.

UPS is designed to provide more predictability than NPS. It will provide a guaranteed pension of at least ₹10,000 per month for individuals who have spent 10+ years in service. UPS ensures financial stability after retirement.

Government Contributions and Investment Options

Under the UPS, employees contribute nearly 10% of their basic salary plus DA. The government will match this contribution with a similar amount. Total investment is nearly 20%. These contributions are invested in government-prescribed schemes.

Employees have the freedom to choose private pension fund managers (PFMs) who offer a variety of investment choices. Employees can select one of the options aligning with their financial goals. An additional 8.5% contribution is invested in a common pool. Fund managers manage this pool based on performance.

Inflation Protection and Spousal Benefits

UPS is directly linked to DA to maintain purchasing power post-retirement. Pension payouts increase gradually to accommodate for inflation. This ensures that pensioners maintain thei living standards. Spouses are also entitled to receive 60% of the total pension amount. This offers considerable stability to retirees’ families.

Pension Withdrawals and State Adoption

Just like a systematic withdrawal plan (SWP), pension can be withdrawn from the accumulated corpus post-retirement. If the corpus depletes, pension payments continue from a government pool. Thus, retirees always receive regular payouts. The remaining funds stay invested.

Challenges and Employee Actions

Annuity service providers (ASPs) are excluded. The 8.5% common pool investment strategy is pending. The government will provide more details. Eligible employees enrol via the Protean CRA portal. They can also submit physical forms.

Conclusion

UPS seeks to provide secure pension payments to central government employees. It will offer inflation protection and guaranteed benefits. State-level adoption will vary. Employees should prepare for enrollment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Loan Threshold for MSMEs Under the Digital Footprint Model Raised to ₹10 Crore

The Indian government has urged public sector banks (PSBs) to offer loans up to ₹10 crore to MSMEs. This will accelerate seamless credit flow to small and medium enterprises.

The government launched a digital footprint-based credit assessment model for MSMSE on March 6. Under this, it is encouraging banks to offer high-value loans MSMEs. This is a notable shift away from small-size loans. For instance, the current loan limit is ₹25 lakh to ₹5 crore.

How PSBs Lend to MSMEs? 

The State Bank of India (SBI) has historically lent the most to MSMEs. As per various news reports, it lends nearly ₹5 crore to MSMEs annually.

However, this is sharply different from MSME lending by other banks. On average, other PSBs process ₹25 lakh to ₹2 crore loans for small and medium enterprises. Under the new initiative, the Indian government aims to bolster MSME growth to drive overall exports. Lendings will be based on the digital footprint of the MSME.

Monitoring and Future Plans

The Indian government has not enforced any targets for increasing MSME lending under the scheme. This is because its systems need some time to stabilise. However, it will continue to monitor MSME loan percentages of PSBs. Government officials agree that some challenges persist. However, they will be worked upon gradually.

Addressing Partnership Account Issues

One of the several issues encountered by MSMEs is difficulties in accessing partnership account data. While proprietor accounts allow for efficient credit settlement, banks are not able to analyse partnership accounts carefully. This is because proprietor accounts are owned by one individual, while partnership accounts are owned by 2 or more people.

Various public sector banks have requested RBI to create a solution. This will enhance MSME lending as a percentage of their loan amount.

Benefits of the Digital Model

The digital footprint-based credit assessment model is a notable enhancement. It surpasses traditional asset or turnover-based assessments. It covers MSMEs that do not have formal accounting systems. As of now, the present MSME credit gap ranges from ₹15 lakh crore to ₹45 lakh crore.

Conclusion

The government wants to increase its export competitiveness. It aims to expand digital MSME lending to streamline credit flow. By addressing issues in partnership accounts and encouraging banks to lend to MSMEs, it aims to boost economic growth and international export capabilities.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

RBI Approves ATM Withdrawal Fee Hike for Financial/Non-Financial Transactions

The Reserve Bank of India (RBI) has approved an ATM interchange fee hike. The revision will be effective from May 1, 2025. As per the decision, the cost of financial charges will rise by ₹2. Moreover, the cost of non-financial transaction charges increase by ₹1.

As per news reports, small-size banks with a limited network of ATMs will be greatly affected. Customers may eventually have to bear the final brunt of this increase.

What is an ATM Withdrawal Fee? 

An ATM withdrawal (interchange) fee is a charge paid by one bank to another. This enables customers to use ATMs of other banks at their convenience. The fee is generally a small percentage of the transaction value and is bundled with the customer’s bill.

An ATM interchange fee hike may prompt banks to increase the maintenance fees for customers. This may impose additional obligations for users of certain debit card holders.

Revised Structure of ATM Interchange Fee

The RBI had previously revised ATM interchange fees in June 2021. This was done on the recommendation of National Payments Corporation of India (NPCI). The Reserve Bank of India had revised the the fee for non-financial transactions to ₹7 from ₹6. The fee on financial transactions was raised to ₹19 from ₹16.

Reasons for the ATM Withdrawal Fee Hike

White-label ATM operators were facing extreme financial difficulties. The previous ATM interchange fee structure allowed banks to provide 5 free transactions to customers in metro areas. It also allowed residents of non-metro areas to get 3 free transactions.

Challenges for Smaller Banks

However, this decision will now have a great impact on small-size banks. Their payouts to other banks will increase substantially.

Conclusion

The RBI’s decision to increase ATM interchange fees will have a significant affect on banks. Customers may have to bear the added costs. Banks must now focus on balancing profitability with customer satisfaction to drive results.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Banks Will Make Treasury Gains in 2025 Due to Softening of Bond Yields

As per news reports, Indian banks will receive substantial treasury gains in Q1 of FY 2025-26. Banks hold large reserves of government securities (G-Sec). An anticipated decline in G-Sec returns can increase the bond prices. This can lead to windfall gains. Banks with a robust portfolio of G-Secs will gain the most.

Factors Driving Yield Reduction

Market participants in the Indian economy foresee a gradual reduction in inflation. This will reduce pressure on the RBI to maintain a hawkish stance. In the coming months, domestic bond yields may be positively influenced by global economic forces. The presence of a stable fiscal policy of the Indian government is enhancing the positive market sentiment.

Strategic Portfolio Management For Maximising Treasury Gains

Banks must ensure strategic management of their treasury portfolios. They must also focus on accurate trade timing. Even a small reduction in yields can lead to substantial gains. Diversification across different maturities is also important.

Banks typically hold a large portion of their assets in G-Secs to meet their statutory liquidity ratio (SLR) requirements. SLR requirements are laid down by the RBI. The softening of bond yields can lead to substantial profits for banks.

Balancing Core Lending and Treasury Gains

Banks are cautioned against relying heavily on treasury gains since these are inherently volatile. A bank’s profitability should come primarily from core lending operations. This ensures its long-term stability. However, potential treasury gains will enhance their bottom lines. This is especially relevant in case credit growth remains moderate.

Conclusion

The anticipated softening of bond yields provides Indian banks a chance to boost their treasury income in Q5 FY25. For this, banks must ensure prudent portfolio management. Banks must monitor different macroeconomic indicators continusouly. However, they should not lose focus from core lending.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. (write in all articles related to stocks).

Corporate Actions in Focus: TVS Motor Company, REC Ltd Dividend and More This Week (Mar 24)

This week on Dalal Street is packed with shareholder-centric events, including dividends, stock splits, and bonus share issuances. Several major companies, such as TVS Motor Company have planned key corporate actions.

Dividend Announcements

This week, several prominent companies will trade ex-dividend, which means their share prices will adjust to exclude the value of the declared dividend payouts. Here are the details:

Company Ex-Date Interim Dividend (₹) Record Date
Mishra Dhatu Nigam Limited 25-Mar-2025 0.75 per share 25-Mar-2025
Ksolves India Limited 25-Mar-2025 7.50 per share 25-Mar-2025
REC Limited 26-Mar-2025 3.60 per share 26-Mar-2025
TVS Motor Company 26-Mar-2025 10.0 per share 26-Mar-2025
Authum Investment & Infrastructure Ltd 27-Mar-2025 1.0000 per share 27-Mar-2025
Bombay Burmah Trading Corporation Ltd 27-Mar-2025 4.0 per share 27-Mar-2025
Naperol Investments Ltd 27-Mar-2025 9.0 per share 27-Mar-2025
Sundaram-Clayton Ltd 27-Mar-2025 4.75 per share 27-Mar-2025

Apart from these companies, other companies like Kama Holdings Ltd will also distribute their interim dividends soon. The ex-date and the record date for its interim dividends is 28-Mar-2025.

Bonus Issues

A bonus issue is a corporate action where companies distribute additional shares to their existing shareholders at no additional cost.

Company Ex-Date Bonus Issue Ratio Record Date
Dhanalaxmi Roto Spinners Ltd 26 Mar 2025 1:1 26 Mar 2025
KBC Global Ltd 28 Mar 2025 1:1 28 Mar 2025
Enbee Trade & Finance Ltd 24 Mar 2025 1:6 24 Mar 2025

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Mid-Day Top Gainers and Losers on March 21, 2025: GOLDTECH and TEJASNET Led Gainers

On March 20, 2025, as of 12:24 PM, the BSE Sensex was up 0.87% at 77,008.58, while the Nifty 50 was up 0.81% at 23,378.50. The mid-day top gainers and losers for the day are:

Mid-Day Top Gainers 

Symbol Open High Low LTP %chng
GOLDTECH 48 57.57 48 57.57 19.99
TEJASNET 714.2 835 709.2 818 15.13
AROGRANITE 35.99 42.3 35.97 39.98 13.42
SANGINITA 13.6 13.6 12.11 13.29 13.3
ARMANFIN 1,317.70 1,431.50 1,291.65 1,415.10 13.09

AION-TECH SOLUTIONS LIMITED

Opening at ₹48, GOLDTECH shares surged, reaching a near 20% increase, indicating significant upward momentum.

Tejas Networks Limited 

Opening at ₹714.2, TEJASNET shares experienced a substantial rise, showing over a 15% gain with a strong intraday high.

Aro Granite Industries Limited

Opening at ₹35.99, AROGRANITE shares demonstrated a solid climb, gaining over 13% with a notable intraday peak.

Sanginita Chemicals Limited 

Opening at ₹13.6, SANGINITA shares showed a significant positive movement, with gains of over 13% despite some volatility.

Arman Financial Services Limited 

Opening at ₹1,317.70, ARMANFIN shares saw a strong increase, rising over 13% and achieving a considerable intraday high.

Mid-Day Top Losers

Symbol Open High Low LTP %chng
SALONA 258.99 265 239.68 239.68 -7.53
GREENLAM 277.05 285.7 271.6 276 -5.82
VSTL 189.98 191 176.29 177.4 -5.13
AGSTRA 10.7 10.7 10.7 10.7 -5.06
PARSVNATH 20.38 20.89 19.61 19.61 -5.04

Salona Cotspin Limited

Opening at ₹258.99, SALONA shares experienced a significant decline, falling by 7.53%.

Greenlam Industries Limited 

Opening at ₹277.05, GREENLAM shares saw a notable drop, decreasing by 5.82%.

Vibhor Steel Tubes Limited 

Opening at ₹189.98, VSTL shares faced a decline, falling by 5.13%.

AGS Transact Technologies Limited 

Opening at ₹10.7, AGSTRA shares declined, falling by 5.06%.

Parsvnath Developers Limited 

Opening at ₹20.38, PARSVNATH shares showed a decrease, dropping by 5.04%.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.