The board of directors of VRL Logistics is set to meet on Friday, July 4, in order to consider the issue of bonus shares for its shareholders, who will be eligible as on the record date, which will be declared later. “In accordance with the extant provisions of Regulations 29 of the SEBI (LODR) Regulations, … Read more
Shares of Infosys Ltd rose as much as 2.3% to Rs 1,609 on Thursday, as investors scrambled to buy the stock before it turns ex-dividend on Friday. With the company’s record date for its final dividend of Rs 22 per share set for May 30, Thursday marks the last chance for investors to acquire shares … Read more
The Reserve Bank of India (RBI) on Wednesday announced the lifting of supervisory restrictions previously imposed on Kotak Mahindra Bank, and allowed the bank to resume onboarding of new customers through its online channels and issue new credit cards. Rahul Malani of Mirae Asset Sharekhan explains what it will mean for the stock. How do … Read more
Shares of Asian Paints today fell by 3.4% to their new 52-week low of Rs 2,266 on the BSE after the company announced the resignation of Shyam Swamy and Vishu Goel, two of the company’s senior management executives. Shyam Swamy was the Vice President, Home Improvement, Décor, Services & Retailing while Vishu Goel served as … Read more
Synopsis When investing in stock markets, it’s crucial to make the distinction between high-quality and poor-quality businesses across the small, mid, and large-cap spectrums, as well as the difference between the intrinsic value of a stock and the overall value of the company. Certain niche small businesses may still generate significant returns over time if … Read more
Benchmark indices rallied for the second day in a row led by gains in the PSU bank stocks. Nifty ended higher at 17,480 points. SBI, Adani Ports, , Nestle and SBI Life led the Nifty gainers’ pack while the laggards were NTPC, HDFC, , and . Here’s how analysts read the market pulse: Nagaraj Shetti, … Read more
ET Intelligence Group: Infosys was the third IT exporter to demonstrate a solid demand recovery in the second quarter similar to its peers Tata Consultancy Services (TCS) and Wipro. However, unlike them, it was able to report 3.2% year-on-year growth in revenue at $ 3,312 million reflecting a stronger momentum. The other two recorded a … Read more