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Shares of Coal India Ltd. are among the high dividend yield stocks for the fiscal year 2022–2023. According to data on the official BSE website, bseindia.com, Coal India shares have three times traded ex-dividend, with the company paying a dividend of 23.25 rupees per share this fiscal year. This has resulted in a net dividend…
The initial public offering (IPO) of Maiden Forgings, a producer of steel bars and wires, will begin next week on Wednesday, March 22, 2023, and end on Friday, March 24, 2023. On April 5, 2023, the company’s shares are anticipated to list on the BSE SME platform. The exchanges’ SME platform is designed for small…
The second interim dividend of $0.60 per share for FY23 has been approved by the board of directors of Bharat Electronics Ltd. (BEL), and the record date for the payment has been set for next week on Saturday, March 25, 2023. In Friday’s afternoon trades, the stock was trading more than 2% higher at 94…
Rajesh Gopinathan, the CEO of IT behemoth Tata Consultancy Services (TCS), announced his departure, and K Krithivasan was named as Gopinathan’s replacement. Rajesh Gopinathan and K Krithivasan will go through a transitional period before K Krithivasan is named MD & CEO for the upcoming fiscal year. “Rajesh Gopinathan’s retirement is unexpected and likely to be…
After falling for 5 days in a row, Indian markets made up some of their losses on Thursday, despite mixed signals from the rest of the world. This happened after the Swiss bank Credit Suisse announced its plan to raise liquidity. But Sensex and Nifty 50 ended up going a little bit up. The stocks…
Reliance Industries Ltd. (RIL) is still viewed as a relative outperformer in CY23 by global brokerage JPMorgan, despite the possibility of a generally weakening earnings environment. Nevertheless, various potential catalysts are anticipated to assist drive absolute outperformance in CY24–CY25. We predict that the refining sector will continue to be strong, that the reopening of China…
Shu Jueting, a spokeswoman for the Chinese Commerce Ministry, responded during a routine news conference when asked if China will resume importing beef and barley from Australia, saying “China is eager to discuss essential problems that concern both nations.” He responded, “They can apply for coal import licence normally” when asked whether limitations on the…
Mumbai: In the midst of the worldwide selloff brought on by growing worries over the stability of Swiss lender Credit Suisse Group AG, India’s leading NSE Nifty 50 Index was set for a technical correction.The gauge slid as much as 0.5% Thursday, taking losses from an all-time high in early December to almost 10%. Up…
MUMBAI: Despite weak global cues, the key equity indices Sensex and Nifty rose in early trade on Tuesday. The 30-share BSE Sensex increased 205.55 points or 0.35 percent to 58,443.40 points during tumultuous trading, while the wider NSE Nifty increased 44 points or 0.26 percent to 17,198.30 points.Twenty stocks were trading up while ten were…
