Ambuja Cements, part of the Adani Group, has completed the purchase of 37.79% stake in Orient Cement Ltd (OCL) from its promoter, the CK Birla Group. With this acquisition, Ambuja Cements has officially become the promoter of Orient Cement. Overall Stake Rises to 46.66% In addition to buying shares from the promoter group, Ambuja also …
Varun Beverages Limited (NSE: VBL), one of PepsiCo’s largest franchise bottlers globally, has announced a significant operational milestone today. The company has officially commenced commercial production of carbonated soft drinks, juice-based beverages, and packaged drinking water at its new production facility located in Prayagraj, Uttar Pradesh. Strategic Expansion to Boost Supply Chain This strategic expansion …
Siemens Energy India Ltd. has officially become an independent entity after the demerger of the energy business from Siemens Ltd. This structural reorganisation took effect on April 7, 2025—the same day designated as the record and ex-date. The move is aimed at providing better operational focus by isolating the energy vertical from Siemens Ltd.’s core …
India’s leading IT giants—Tata Consultancy Services (TCS) and HCL Technologies—have announced record-breaking dividend distributions for FY25, returning a staggering 93.5% of their annual profits to shareholders. This move strengthens both companies’ adherence to established capital allocation frameworks and signals a firm commitment to delivering shareholder value, even as industry growth moderates. TCS Final Dividend TCS declared …
Delta Corp’s consolidated net profit for Q4 FY25 rose sharply by 127.26% year-on-year to ₹164.56 crore, up from ₹72.41 crore in Q4 FY24. However, revenue from operations fell slightly by 1.20% to ₹182.65 crore from ₹184.87 crore last year. Profit Before Tax and Cost Control Boost Margins The company’s profit before tax (PBT) jumped 142.80% …
Varun Beverages Limited has been in focus on Wednesday. On April 23, 2025, Varun Beverages share price (NSE: VBL) opened at ₹552.00, up from its previous close of ₹549.45. At 10:44 AM, the share price of VBL was trading at ₹547.70, down by 0.32% on the NSE. Board Meeting Scheduled for April 30 The company has notified the …
On March 30, 2025, the Bombay Stock Exchange (BSE) announced a 2:1 bonus issue, which means eligible shareholders will receive two bonus equity shares for every one share they currently hold. This issuance is subject to shareholder approval via postal ballot. As BSE gears up for its latest 2:1 bonus share issuance, many investors are curious—when did …
Tech Mahindra share price will announce its financial results for the full financial year 2024–25 on April 24. The company informed the stock exchanges that its Board of Directors will meet on April 23 and 24 to approve the audited financial results. During the meeting, the board may also recommend a dividend for FY25. Tech Mahindra Overview Tech …
On April 23, 2025, Suzlon Energy Limited announced that it had received another 378 MW order from state-owned NTPC Green Energy Ltd. After this significant business development, Suzlon share price recorded a negative reaction and fell ~2% to the day’s low of ₹58.12 at 10:25 AM after opening at ₹59.61 Scope of New Contract Under …
Shares of Power Finance Corporation Limited (PFC) were trading at ₹430.15, down ₹8 or 1.83% at 10:25 AM on the NSE from the previous close of ₹438.15 on the NSE. The stock opened higher at ₹439.70 and touched an intraday high of ₹441.00, but later slipped to a low of ₹429.40. PFC Pursues Recovery Amid …
