The share price of Maharashtra-based real estate company DB Realty hit 5% upper circuit. February 9 2022 DB Realty informed the stock exchanges that they will issue 50 million convertible warrants to non-promoter investors. These warrants will be issued to investors like Rakesh Jhunjhunwala’s own firm RARE Enterprises, Aditya Chandak, KIFS Dealers, Rekha Jhunjhunwala and … Read more
Recently IRCTC (Indian Railway Catering and Tourism Corporation) company has announced an interim dividend. IRCTC, the company that enjoys monopoly status in ticketing and catering in Indian railways. IRCTC has announced an interim dividend of Rs 2 per share, whose dividend yield is up to 0.12%. And its payment date has been set for 18 … Read more
Recently IOC (Indian Oil Corporation Limited) company has announced a dividend. The most critical metric to find out about any company divided is the dividend yield. Calculate Dividend yield: Dividend per share by its current market price. This is a better metric to know how much dividend the company is paying. IOC dividend Indian Oil … Read more
Recently BPCL (Bharat Petroleum Corporation Limited) company has announced a dividend and their ex-dividend date is approaching. Ex-divided is the date before which if you buy shares of the company, then you will be eligible for a dividend of that company. BPCL dividend Bharat Petroleum Corporation Limited: This is a PSU company involved in the … Read more
Today both Sensex and Nifty were almost 2% down because according to the recently released data, 4.67 lakh new jobs were added in the month of January in the US which is more than the market expectation. Apart from this rising inflation and crude oil prices are also going concerns. Recently crude oil prices had … Read more
Today the share price of India’s leading airline company Interglobe Aviation (Indigo) was trading almost 9.45% higher at Rs 2161. The company recorded a profit of Rs 129.79 crore in quarter 3 while the company was posting losses continuously for the last 7 quarters. In the same quarter last year, indigo recorded a loss of … Read more
Today Bank of Baroda share price was trading up 7.55%. This is because the bank posted good numbers in its FY22 Q3 results. Bank of Baroda’s net profit increased by 107% on a year-on-year basis. The net interest income of the company also increased by 14.38% on a year-on-year basis. The most important metric for … Read more
Yesterday the stock price of Meta Platforms Inc (Facebook) fell by more than 25%. This record one-day drop resulted in a $200 billion market value drop for Meta, the highest single-day market value wipeout in US market history. Meta’s founder and CEO Mark Zuckerberg own a 12.8% stake in the company and after yesterday’s market … Read more
Vedant Fashions IPO: Vedant Fashion is the largest company in the men’s Indian Wedding & Celebration wear segment in India. Their flagship brand Manyavar is the market leader in its category in India which was launched in 1999. The company has 2 more brands in men’s Indian wedding wear which are Twamev and Manthan. The … Read more
The share price of Mumbai-based real estate company Godrej Properties was down 10% today in the early trade after the stock made a slight recovery and the company’s stock was trading down 6.5% till the market closing. Godrej Properties’ pre-sales declined by 7% on a year-on-year basis and by 39% on a quarter-on-quarter basis in … Read more
FMCG Major ITC declared its Financial Year 22 Quarter 3 Result yesterday. The company’s consolidated profit after tax increased by 14.81% to Rs 4118.80 crore on a year-on-year basis. Consolidated revenue also grew by 30% on a year-on-year basis. The revenue of the segment of the company was recorded at Rs.6959 crores in this quarter, … Read more
Finance Minister Nirmala Sitharaman announced the budget 2022, in this budget the capital expenditure has been increased by 35% to Rs 7.5 lakh crore. Apart from this, the Finance Minister said that this year the focus will be on the Gati Shakti plan, and under this scheme, in the financial year 2023, the national highway … Read more
Finance Minister Nirmala Sitharaman announced Budget 2022, one of the biggest announcements of this budget is the introduction of the Digital Rupee. The Finance Minister has said that this year CBDC (Central Bank Digital Currency) will be introduced which will be managed by RBI and RBI will use Blockchain technology for this. Along with this, … Read more
Telecom stocks rise: In Budget 2022, Finance Minister Nirmala Sitharaman has said that 5G spectrum auctions will be conducted in 2022 and commercial 5G services can start by 2023. The Finance Minister has also said that to promote rural high-speed internet, new contracts will be awarded for the creation of rural optical fiber network under … Read more
The share price of Bharat Dynamics Limited, India’s one of the leading missile system manufacturing company, went up 10% today in early trade. The share price of the company is up 6.20% even at noon (IST), this is because the company has signed a contract with the Indian Army worth Rs 3131.82 crore. Under this … Read more
Finance Minister Nirmala Sitharaman announced the Budget 2022, the two biggest announcements made so far are the allocation of the Drone Shakti scheme and Defense Capex. Under the Drone Shakti scheme, the government will focus on enabling drones as a service and startups will also be encouraged to use Drone Shakti. After this announcement, there … Read more
In budget 2022, the Finance Minister said for electric vehicles that special zones for electronic vehicles will be made in the new urban planning for public transport. Due to difficulties in the expansion of the EV charging station network, the government of India will now formulate a formal policy for battery swapping which will lead … Read more
Share Marico ltd and Chambal Fertilizers & Chemicals Ltd company whose ex-dividend date is drawing near. 1. Chambal Fertilizers & Chemicals Limited The first company is Chambal Fertilizers & Chemicals Limited. This company announced an interim dividend of Rs 4.5 per share, whose dividend yield is almost up to 1.86%. The ex-dividend date of Chambal … Read more
In Union Budget 2022 under PM Gati Shakti plan, Finance Minister has identified 7 engines for multi-model connectivity which will facilitate a faster moment of people and goods. A plan for expansion of the Expressway network in India under the Gati Shakti plan will be formulated in 2022. The Finance Minister has also declared a … Read more
6 Large-cap stocks in which DIIs raise stake in Q3 of FY22. This company is fundamentally strong and the market cap is more than 2000 crores. 1. IPCA Laboratories Limited IPCA Laboratories Limited: This company is involved in the manufacturing and marketing of pharmaceuticals. The holding of DIIs in this company was 25.24% in the … Read more
Imagine Marketing Limited, the parent of Indian consumer electronics direct to consumer firm BoAt, has filed DRHP with SEBI for an IPO of 2000 crores. The company was established in 2016 and is backed by investors such as Fireside Ventures, Qualcomm Ventures LLC, and South Lake Investment Limited. In this IPO of Rs 2000 crores, … Read more
The budget, whose impact comes on all that is involved in the Indian economy. Whether it is about the industries or the roadside vendors, the budget is such an event that influences the entire business. Know about the expectations of Union Budget 2022. What are the expectations from the 2022 budget The expectations for the … Read more
Today, the share price of Airtel went up 6% as soon as the Indian market opened. Bharti Airtel announced a long-term strategic partnership with US tech giant Google. Bharti Airtel will issue 71.2 million shares to Google on a preferential basis at Rs 734 per share. After issuing these shares, Google will own a 1.28% … Read more
Metaverse: A world that is virtual, not real. The term Metaverse was first used in the 1992 science fiction novel Snow Crash. In Metaverse, you will be able to watch in 3D and also touch and feel people. Metaverse is a technology that is going to become a part of our daily life very soon … Read more
The Indian market is observing a bearish trend for the last 8 days, and even today the same trend seems to be continuing. Today nifty was trading down 2.10% and Sensex down 2.15%. Today the market is almost 2% down, the main reason for this is the recent meeting of the US Fed. The central … Read more