Vedanta Limited has consistently rewarded its shareholders through dividends and corporate actions like stock splits over the years. In 2024, the company declared an interim dividend in December. Let’s take a look at the company’s current corporate announcement and dividend distribution over the past year. What is the Recent Corporate Action? Vedanta Limited has announced …
This week, several major companies are making significant corporate moves that could impact investors. From dividend payouts and stock splits to bonus issues, it’s essential to stay informed about these actions and how they may affect your portfolio and investment strategy. Upcoming Corporate Actions This Week Company Name Corporate Action Details Ex-Date Vedanta Dividend ₹8.50 …
On December 23, Indian stock markets will likely be impacted, with GIFT Nifty futures trading 180 points higher at 23,805. On Friday, the major indices ended in the red, with the BSE Sensex dropping 1,196 points (1.49%) to close at 78,041.59, while the Nifty50 declined 364 points (1.52%) to settle at 78,041.59. Here’s a snapshot …
On December 20, 2024, Indian IT stocks saw a significant sell-off, reversing early gains. The Nifty IT index plunged by 2.28% as of 3:01 PM, with all its constituents trading in the red. Losses across the sector ranged up to 5.6%, signalling a broad-based correction in IT counters. LTIMindtree Leads the Decline LTIMindtree emerged as …
Indian Oil Corporation (IOC), the nation’s leading oil company, continues to play a pivotal role in Bihar’s development by committing over ₹21,000 crore for significant energy projects. These investments include the expansion of the Barauni refinery and the establishment of a city gas distribution (CGD) network, boosting the state’s industrial and energy sectors. Expanding the …
Tata Motors has announced another significant order of 148 electric buses from the Bengaluru Metropolitan Transport Corporation (BMTC). This follows a prior order of 921 electric buses under the ‘Grand Challenge’ initiative by Convergence Energy Services Ltd (CESL). Tata Motors subsidiary, TML Smart City Mobility Solutions Ltd, will oversee the supply, operation, and maintenance of …
Hindustan Construction Company Ltd (HCC) has successfully raised ₹600 crore through a Qualified Institutional Placement (QIP) that wrapped up on December 19, 2024. Launched on December 16, the offering saw a good response, with investors taking up shares within just a few hours. What the Numbers Say As part of the QIP, HCC issued 13.95 …
Infosys Ltd., a global IT services leader, has marked a significant milestone by becoming the first India-headquartered company to receive Binding Corporate Rules (BCR) certification. Approved by Germany’s Hesse Data Protection Authority in conjunction with the European Data Protection Board, this achievement enables Infosys to maintain robust data privacy standards while facilitating international data transfers …
Axis Bank was in focus on Friday. On December 20, 2024, Axis Bank share price opened at ₹1,103.95, slightly down from its previous close of ₹1,108.90. At 11:39 AM, the share price of Axis Bank was trading at ₹1,091.00, down by 1.61% on the NSE. The market cap of the company was ₹3,37,660.64 crore. The stock touched …
Indian markets are likely to be impacted on Friday, as indicated by GIFT Nifty futures, which were trading 86 points below Nifty50 futures at 23,932. On Thursday, the Sensex dropped 964 points (-1.20%) to 79,218.05, while the Nifty50 fell 247 points (-1.02%) to 23,951.70. Here are the key stocks to keep an eye on: Exide …
