In an exchange filing on January 16, the State Bank of India notified the bourses that the company’s directors will meet on February 6, 2025, among other things, to review and approve the statements for the quarter ending on December 31, 2024. The biggest public sector company in India, State Bank of India (SBI), is…
Following its December quarter results, VRL Logistics’ share price saw a 20% increase to ₹559.50 on February 6 due to considerable purchasing demand. Despite this rise, the stock has dropped more than 23% over the last 12 months, reaching a 52-week low of ₹432.45. A day after the company’s December quarter results were released, VRL…
After the proprietors committed a further 2.5 crore shares, bringing the total number of pledged shares to 11 crore, Kalyan Jewellers’ shares dropped 3%. After the company’s promoters increased their commitment to their shareholding, the share price of Kalyan Jewellers fell 3% on Thursday, February 6. According to an exchange filing, the business’s proprietors made…
In the third quarter of FY2025, ITC will declare an interim dividend. ITC has scheduled the dividend announcement for February 6. In the Q3 results, the ITC dividend 2025 record date and dividend amount may be disclosed. ITC Q3 Results: ITC Ltd., a prominent player in the (FMCG) industry, will release its Q3 results this…
On February 5, Tata Power’s stock increased 3% on releasing the company’s Q3 net profit, which increased by 10.35% to ₹1,187.54 crore. Analysts were optimistic about the stock’s future performance despite revenue growing 5% yearly to ₹15,391 crore. Earnings Impact: On Wednesday, February 5, Tata Power’s stock increased by 3% in early trading after the…
On Wednesday, February 5, after receiving a letter of acceptance (LoA) from East Coast Railway for a Rs 404.4 crore contract under the Koraput-Singapur Road Doubling Project, shares of Rail Vikas Nigam Ltd (RVNL) jumped 4% to reach a day’s high of Rs 416.35 on the BSE. The LoA relates to the “Koraput-Singapur Road Doubling…
ITC Hotels shares were momentarily added to the Sensex and other indexes for passive fund portfolio rebalancing. On January 29, ITC Hotels’ shares went public on Indian stock markets. ITC Hotels Removed from Sensex and BSE Indices: ITC Hotels’ stock will be removed from the Sensex and other BSE indexes before trade starts on February…
Following the announcement that February 14, 2025, would be the record date for its dividend, shares of Hindustan Aeronautics Ltd. increased by more than 2%. After receiving permission from the AGM, the firm intends to pay dividends within 30 days. HAL’s impressive Q2FY25 earnings revealed a 22.4% year-over-year growth in profits. Following the company’s announcement…
Asian Paints reported a 6.1% reduction in consolidated sales to ₹8,521.51 crore and a 23.3% year-over-year decline in Q3FY25 net profit to ₹1,110.48 crore. The business is cautiously hopeful about demand recovery despite obstacles. Asian Paints Slides 5%: On Wednesday, February 5, Asian Paints’ share price dropped over 5% to an intraday low of Rs…
After announcing a 26% acquisition in Amplus Tungabhadra Private Limited to run a captive power plant, Indus Towers’ stock increased by more than 2% on February 4. Following the company’s announcement to markets that it had paid ₹27 crore to purchase a 26% stake in Amplus Tungabhadra Private Limited, a special purpose vehicle (SPV), Indus…