While Dr. Lal has never considered a bonus or a stock split before, it has regularly paid dividends to its shareholders. Since July 2016, Dr. Lal has paid dividends worth nearly ₹126 per share to its shareholders, including ₹24 per…
In global markets, spot gold slipped 0.5% to $4,004 per ounce as of 0240 GMT, while US gold futures for December delivery were steady at $4,016.70 per ounce.
Indian markets continue to value IT services as a core sector, and Cognizant’s management believes that listing in India could enhance shareholder value and broaden its investor base.
At the end of 2018, the stock of TD Power had traded at ₹26. Since then, till date, the stock has gained over 2,700%, to hit a record high in today’s session.
As per the LoI, Svitzer and Cochin Shipyard will collaborate on plans to build electrical TRAnsverse tugboats at the latter’s yard facilities in India.
According to Nuvama Alternative & Quantitative Research, Yes Bank and Indian Bank’s inclusion in the Nifty Bank could result in inflows worth $104.7 million and $72.3 million respectively.
According to forex traders, the outflow of foreign funds amid selling pressure in the equity markets prevented a sharp gain in the domestic unit.
Considering a strong earnings CAGR of 43% over FY25-28 and over 30% RoE, the brokerage believes Rubicon deserves to trade at a premium valuation.
Under the partnership, L&T said it would participate in the upcoming 87 MALE RPAS programme of the ministry of defence, where it would be the prime bidder and GA-ASI would be the technology partner.
Trideep Bhattacharya, Chief Investment Officer-Equities of Edelweiss AMC believes the IT sector’s earnings are bottoming out, positioning it as a potential ‘contra play’ over 12-15 months.