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May 7, 2024
The top officials of the bank informed that with the Government of J&Ks majority shareholding of 63.41 percent in the bank as on June 30, 2023, it is now “a public sector bank for all practical purposes” but as of now may not be strictly classified as such as per the RBI guidelines.
May 7, 2024
The company has fixed May 15 as the record date for the purpose of dividend payment.
May 7, 2024
Dr Reddys Labs Q4 Results: The revenue from operations rose 12% YoY to Rs 7,083 crore while they dipped 2% quarter-on-quarter (QoQ). The revenue missed ET Now poll estimate of Rs 7,237 crore.
May 6, 2024
Titan Share Price: Titans shares plummeted by nearly 7% as it reported a 7% YoY increase in standalone net profit at Rs 786 crore. Despite a 17% YoY growth in net sales to Rs 10,047 crore and a dividend recommendation of Rs 11 per share for FY24, EBIT margins dipped.
May 6, 2024
The company also declared an interim dividend of Rs 10 per share for the financial year 2024-25 and the record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is Tuesday, May 14, 2024. The dividend will be paid on or before Wednesday, June 5, 2024.
May 6, 2024
We are looking for companies that distribute a large portion of their earnings as dividends
May 5, 2024
The Stable Dividend strategy aims to pick large dividend stocks with stable price patterns
May 4, 2024
BCCL, a subsidiary of Coal India Limited, has wiped out its accumulated losses and recommended a dividend of ₹44.43 crore for the 2023-24 FY. The company registered an operational revenue of ₹14,113.31 crore and a net sales of ₹13,216.17 crore in the same fiscal year, with a profit after tax of ₹1,564.46 crore.
May 4, 2024
The banks net interest income stood at Rs 6,909 crore for the quarter, reflecting a 13 percent year-on-year growth from Rs 6,103 crore in the previous year. The net interest margin (NIM) was reported at 5.28 percent.
May 3, 2024
India's highest-priced stock, MRF Limited, which has been joked about on social media for giving small dividends of Rs 3 each in the past two payouts, announced on Friday a final dividend of Rs 194 for the financial year 2023-24.