Cochin Shipyard Initiates Stock Split Cochin Shipyard has declared a stock split, reducing the face value of its equity shares from ₹10 to ₹5 each. The record date for this split has been set for 10 January 2024. It means that existing shareho

One97 Communications Limited, the parent company of the popular payment platform Paytm, has announced an investment of ₹100 crore in Gujarat International Finance Tec-City (GIFT City). The investment aims to build a worldwide financial system and e

In a positive development for Power Finance Corporation (PFC), its shares climbed nearly a percent during early trade on 10 January later gave up the gain at the time of writing PFC share is down 2.09%. Reserve Bank of India granted a no objection le

About the Jyoti CNC Automation IPO Jyoti CNC Automation IPO has a face value of ₹2 per share and the price band has been set in the range of ₹315 to ₹331 per share. The final price will be discovered within this band. The IPO of Jyoti CNC Au

In a recent turn of events, Zee Entertainment's stock faced a downturn, dropping by 13% to ₹246 per share on 9-Jan-24, following reports suggesting Sony's potential cancellation of the merger deal. Zee Entertainment issued a clarification, calling

SG Mart share price shot up to a high of ₹10,715.20 on 9 January 2024. On 8 January 2024, SG Mart's board approved a 1:1 bonus share issuance, eligible shareholders will receive one bonus equity share for every existing equity share they hold. Reco

Dhampur Sugar Mills' shares saw a small increase after the company's board gave the green light to a buyback plan for 10 lakh shares at ₹300 each. This decision caused the stock to go up by one percent, reaching ₹271.9 per share on Bombay Stock E

Grasim Industries Ltd has announced a rights issue at ₹1,812 per share record date is scheduled for 10 January. Approved by the board on 16 October 2023, the rights issue aims to raise ₹4,000 crore by issuing 2,20,73,935 equity shares. Unitholder

REC Sign MOU with Gujarat Government In a move towards modernizing the power distribution sector REC Power Development and Consultancy, a subsidiary of REC has signed a MoU (Memorandum of Understanding) with the Gujarat government. The ₹2,094 cr

India's mutual funds industry is on a record-breaking surge in assets under management, fueled by the addition of over 20 million new investment accounts. This extraordinary growth, marked by an 19% increase in fund assets during the first 11 months

Jio Financial Services (JFS) shares rose 1.7% on 4-Jan-2024 as Reliance Industries' arm partnered with global giant BlackRock Financial Management to launch a joint mutual fund company. Securities and Exchange Board of India (SEBI) is currently consi

On 3-Jan-2024, Bajaj Auto's stock made a jump of over 5%, reaching a milestone by crossing the ₹7,000 mark for the first time. This surge was fueled by the news that the company's board is going to discuss a proposal for buying back shares on 8-Jan