Dividend Stock: Vedanta unit to pay shareholders ₹4,648 crore as first payout
Hindustan Zinc declared an interim dividend of ₹11 per equity share (550% on a face value of ₹2), amounting to ₹4,648 crore.
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HCLTech shares extend sell-off after Q4 results, set for worst week in nearly 20 years
Brokerages issued downgrades and cut their price targets on HCLTech after its results miss. The miss from the company has resulted in a steep sell-off in its other IT peers, which was accelerated after Infosys reported for the quarter as…
Alkem Laboratories shares crater after CEO Vikas Gupta resigns to pursue new opportunities
Alkem Laboratories CEO Vikas Gupta said he decided to step down to pursue new professional opportunities that align closely with his long term professional and personal goals.
L&T enters industrial electronics space, starts Coimbatore manufacturing
Larsen & Toubro launches L&T Electronic Products & Systems, industrial electronics unit, starts manufacturing in Coimbatore, with plans of 40 acre expansion, shares down intraday but sharply higher over 12 months.
Union Bank of India shares extend losses after Q4 results; Check revised analyst price targets
UBS expects the Union Bank’s NIMs to witness stable to slightly improving trends, supported by a continued repricing of deposits. It has estimated an average return on assets (RoA) and return on equities (RoE) of 1.1% and 14%, respectively, over…
Infosys near-term outlook weak, downside limited; MOFSL’s Khemka positive on Fortis, renewables
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services remains cautious on Infosys in the near term due to margin pressure from AI-led pricing, though downside appears limited. He is positive on Fortis Healthcare, citing a strong turnaround,…
Explained: Why SBI Life shares fell from day’s high on Friday
SBI Life Insurance shares fell from intraday high after Nirmala Sitharaman said a panel may consider open architecture for insurance distribution, raising competition concerns
Stocks To Buy: Motilal Oswal ‘bull case’ projects 36% upside for this hospital chain
Motilal Oswal said that following the change in promoter ownership to IHH Healthcare in FY19, Fortis has transitioned into a professionally managed healthcare platform. This shift was supported by balance sheet clean-up and the exit from non-core businesses.
Gautam Shah: Nifty to stay in 23,500–24,600 band; focus shifts to mid, small caps
Gautam Shah, Founder, Goldilocks Global Research, highlighted stronger opportunities in mid, small, and micro caps, especially in PSU, metals, and energy sectors, while advising investors to focus on segments with lower foreign investor exposure.
Sameeksha Capital CIO cautious on IT as valuation reset likely; holds Mastek
Bhavin Shah, Founder, CIO & CEO of Sameeksha Capital flags slowing growth and structural AI disruption in IT, remains selective on names like Mastek and sees limited aggressive opportunities across the sector.