Aurobindo Pharma Approves INR 750 Crore Share Buyback at Premium
Aurobindo Pharma's board has approved an INR 750 crore share buyback at INR 1,460 per share, a 6.4% premium. Despite a brief dip in share price, this strategic move aims to enhance shareholder value, with the record date set for July 30.
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Zen Technologies’ Shares Surge 5% After Launching Advanced AI-Powered Defense Products
Zen Technologies launched four new AI-powered defense products. This has increased its share prices by 5%. The innovations include advanced anti-drone systems, lightweight weapon stations, automated quadrupeds and stabilised sights.
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Rally In RVNL’s Share Prices: Check Why RVNL Stocks Surged By 60% In Just One Month
In just one month, the share prices of RVNL increased by nearly 60%. This is mainly due to multiple order wins like Strategic MoUs with domestic & international companies, projects in railways and metro construction
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HDFC Bank Shares Slide 4% Amid CASA Ratio Decline in Q1 Update
After weeks of being on a positive run, given an increased weightage for the stock on the MSCI, shares of HDFC Bank Ltd went down over 4 on Friday after it hit a low of INR 1,653.70 on the BSE.
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Raymond Limited to Demerge Real Estate Unit: Shareholders to get 1:1 Raymond Realty Shares
Raymond Limited announced the demerger of its real estate unit into Raymond Realty Limited. By this, shareholders are offered shares in the ratio of 1:1. Raymond Realty will list on BSE and NSE.
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Reliance Industries Share Price Hits Record High: RIL Stock Surges 6.50% in Three Days
Reliance Industries' share price surged 6.50% in three days. They reached a lifetime high of INR 3,075. The rise is driven by anticipated growth in petrochemical, textile, telecom and retail segments. Experts advise existing investors to hold and new investors to buy on dips around INR 2,930 with a stop loss at INR 2,850.
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Is Titan going For 1100% Dividend Pay-out: Highest since 2010
Titan Company Limited, which is a Tata Group company, was in spotlight on the D-Street. The main reason for this is the record date for its final INR 11 per share dividend that approaches on June 27, 2024. Investors must buy Titan shares by June 26, 2024 to be eligible for this dividend.
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NBCC’s Share Price Up by 100% in 2024: Company Wins Orders Worth INR 1500 Crore in Two Weeks
NBCC Limited, which is a state-run construction firm has secured new orders worth INR 1500 crore. These orders determine strong growth in infrastructure. Despite receiving mixed ratings from the analysts, NBCC's stock has surged by 97% in 2024. This reflects investor’s confidence in NBCC.
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Upcoming Dividend, Bonus and Stock Split: Which Companies have record dates set for this week?
Many companies like L&T Technology Services, Bajaj Auto, Kamdhenu Ventures, Tata Technologies, Cheviot, Adani Ports, and ACC have important financial updates this week. These updates include record dates for buyback, dividends and bonus issues.
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2800% Surge In The Share Price of This Multi-Bagger Defence Stock: Check Why?
Avantel, a small-cap defence stock, had a 2800% surge in its share price in 5 years. This increase in their share price was seen due to political development, various government initiatives and the far vision of the company.
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Surge in Shares of KCP and Heritage Foods as Chandrababu Naidu to Become Andhra’s New CM
Shares of KCP Ltd and Heritage Foods Ltd surged as Chandrababu Naidu's return as Andhra Pradesh's Chief Minister. This sparked optimism among the investors, driving stock prices up by 13.43% and 10%, respectively
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Tech Mahindra Shares Surge 12% Following Q4 FY24 Earnings Report
The Board of Tech Mahindra recommended a final dividend of INR 28/- per equity share of face value INR 5/- each for the financial year ending March 31, 2024
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Hindalco Shares Stage Remarkable Comeback, Surpassing 2024 Losses
Hindalco Industries is currently trading at INR 616.15, marking a rise of 1.20% by the end of Thursday. In the last month, the stock has given investors a solid return of more than 15%
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India Witnesses Surge in Demat Accounts as Stock Market Continues to Soar
CDSL had more than 11.56 Cr demat accounts as of March 31, 2024, while NSDL had more than 3.57 Cr demat accounts out of a total of 15.13 Cr demat accounts
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This Company is Going to Pay Dividend of INR 15 Per Share: Know More
Market observers noted a positive response to this news, with shares of the company closing 1.81% higher on Thursday at INR 640. Moreover, the stock has seen a notable rise of 24% year-to-date (YTD) and an impressive 125% increase over the past year
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Anand Rathi Recommends “BUY” ratings for Suzlon Energy and Inox Wind
Anand Rathi expects Suzlon Energy and Inox Wind to grow at a reasonable level in the future and specifically sees FY25 and FY26 as exceptional for these companies, keeping in mind the above estimates of equity returns of 20% to 39%
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Market Buzz: Anil Ambani’s Reliance Power Shares Surge 35% in Eight Sessions
In just eight straight sessions, the share price has soared to INR 27.60 apiece on the NSE, marking a remarkable 35% appreciation. Experts are of the view that the surge is due to a debt reduction plan.
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