In its meeting held on 27th October 2022, the board of directors of REC Ltd has approved an Interim Dividend pay-out of Rs 5/- per equity share of face value of Rs. 10/- each. For the purpose of interim dividend eligibility, the record date has been

The stock has hit a fresh all-time high of Rs 4224.85 post healthy Q2 numbers. Solar Industries have once again shown the investors that they mean business. For its astronomical rise of over 72% this year, the company has delivered its justi

The leading auto component supplier reported 13% growth in topline but the bottomline was hit by inflation. Sundram Fasteners Ltd, a dominant player in the domestic fastener market posted its financial results for the quarter that ended on S

Post the pandemic, education and skill development have gained a lot of attention. On 4 November 2022 NIIT Limited stated in the disclosure filed, that they have acquired a US-based St Charles Consulting Group (STC). Last year NIIT acquired RPS Co

Deal includes the acquisition of 31 wholesale distribution centres, land banks and other assets owned by Metro Cash and Carry. Reliance struck a deal worth 500 Million euros (Rs 4060 crore) to acquire German wholesaler Metro AG cash and carry busi

In the FY23 September quarter results, the net profit of the company increased by 179% year on year. Maan Aluminium Limited shares began trading at Rs 195 and reached a high of Rs 213. As of this writing, the stock is trading at Rs 199.75 on the B

The Rs.2,205.57 crore IPO of Global Health Ltd (Medanta), consisted of a fresh issue component of Rs500 crore and an offer for sale of Rs1,705.57 crore. The IPO saw steady response on Day-1 and Day-2 of the IPO and closed with fairly steady numbers a

Great Eastern Shipping Company, IRB and Housing and Urban Development Corporation witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most

The month of November has started off on a positive note in terms of FPI flows. Ironically, the pace of FPI flows have picked despite the Fed hiking rates by another 75 bps and refusing to relent till inflation came down meaningfully. What, possibly,

For a long time, the story of profits was about the likes of Reliance Industries, TCS and HDFC Bank. With formidable cash stashes and hefty profits, they were literal private sector cash generating machines. This time there is a change. In Q2FY23, Re

JM Financial soars over 8% on November 7 amid strong buying interest. Strong buying sentiment was witnessed across quality midcap and smallcap stocks on November 7 as broader indices inched higher amid positive global cues. Meanwhile, the stock of

The PSU lender posted a total income of Rs 88,733.86 crore in Q2FY23, up 14% YoY from Rs 77,689.09 crore in the comparable quarter last year. State Bank of India, the country's largest PSU lender recorded its highest quarterly profit breakin