Exxaro Tiles and a host of other companies are likely to remain in focus next week as they are approaching their record dates for dividends, bonus issues and stock splits. The record date is the date set by the company to decide the eligibility of shareholders to receive an offer. To be eligible for a … Read more
Oil-to-retail conglomerate Reliance Industries (RIL) has fixed Monday, October 28, 2024 as the record date for determining shareholders eligible for the issue of 1:1 bonus shares, for which it got approval from shareholders. The company in a filing to the stock exchanges also said that it has received shareholders’ approval for increasing its authorised share … Read more
Market regulator Securities and Exchange Board of India (Sebi) has reduced the time taken for credit of bonus shares and their eligibility for trading to two days from the record date. In a circular issued on Monday, Sebi enabled T+2 trading of the bonus issue which means that the shares allotted in the bonus issue … Read more
Foreign Portfolio Investors (FPIs) invested a total of Rs 9,642 crores in equity through exchanges and an additional Rs 1,388 crores in the ‘primary market and others’ category in early September. The FPIs showed strong interest in the Indian market, reflecting its resilience amid global uncertainties. “The latest jobs data in the US indicates slowing … Read more
Shares of Eicher Motors jumped 2.6% to the day’s high of Rs 3,675 on the NSE on Monday despite a weak start to the week from the domestic stock markets. The gains were on strong September quarter earnings and favourable view by top brokerages. Among them were Jefferies CLSA and Nuvama which held on to … Read more
Logistics services provider Delhivery, which will release earnings on Friday, is expected to trim its losses in the quarter ended December on the back of growth in the express parcel division. However, the partial truck load (PTL) freight business is likely to see muted growth. For the September quarter, Delhivery had reported a 20% on … Read more