Gujarat defines a dividend formula, state PSUs surge

Gujarat defines a dividend formula, state PSUs surge

Mumbai: Gujarat-based listed public sector undertakings (PSUs) were among the top performers on the bourses on Wednesday after the state government announced a policy defining a minimum threshold of dividend distribution and allotting bonus shares for all the companies it owns. Shares of Gujarat State Fertilizers & Chemicals surged 20% and closed at a seven-month … Read more

Sensex up but these BSE500 stocks fall up to 23% this week

Sensex up but these BSE500 stocks fall up to 23% this week

The bulls made a strong comeback this past week, with the benchmark indices recouping all the losses it made in the first three sessions to end the week on a strong note, thanks to an improvement in global sentiment and F&O related activity. Banking and auto stocks gained while metals and oil & gas stocks … Read more

These 6 stocks saw rise in profit margin for 4 quarters in a row. Worth a look?

These 6 stocks saw rise in profit margin for 4 quarters in a row. Worth a look?

NEW DELHI: , and L&T Technology Services are among six top BSE500 stocks (excluding banking and financials), which saw improvement in profit after tax (PAT) margin over the last four successive quarters. Data showed five out of these six stocks also outperformed the BSE Sensex in the last one year. Analyst estimates on five of … Read more