MCX Stock Split: Shares trade lower ahead of announcement today

Shares of MCX currently carry a face value of ₹10 each, which means this will be the first stock split that the company’s board will be considering for its shareholders.

Shares of MCX currently carry a face value of ₹10 each, which means this will be the first stock split that the company’s board will be considering for its shareholders.

Booking value declined 18% year-on-year to ₹7,082 crore. This is the eighth consecutive quarter in which Godrej Properties has exceeded ₹5,000 crore of booking value.

DSP advises reducing allocations only once prices approach the higher end of its range or if the uptrend weakens.

Symphony also declared its first interim dividend of ₹1 per equity share of face value ₹2 each for the financial year 2025-26.

Analysts believe that ITC’s cigarette business is likely to see volume growth between 3% to 4%, which is lower than the growth seen over the last two quarters.

Based on current monthly trends, Jahangir Aziz, Head of Emerging Market Economics Research at JPMorgan estimated that the US could collect around $350 billion in tariffs annually, effectively acting as a consumption tax.

A stock split divides a company’s stock into more shares, lowering the price and increasing the number of shares available to trade.

Jane Street’s servers are located outside India, and investigators are being denied access, sources told CNBC-TV18. Moreover, Jane Street’s books of accounts are also reportedly maintained overseas, despite Indian company law mandating that such records be kept within the country.

In the pharma sector, Sandeep Bhatia, Managing Director and Head of Equity – India at Macquarie Capital flagged uncertainties related to US pricing pressures. Referring to Sun Pharma, he noted that the company, which gets about 20% of its revenue…

Laxmi India Finance shares are scheduled to be listed on the NSE and BSE on Tuesday, August 5.