Author: Dinesh

Shares of NBCC (India) Ltd have recently gained 4.97% over the past week on the Bombay Stock Exchange (BSE), closing at ₹97.10. On Thursday, the stock opened at ₹97.05, reached a high of ₹97.90, and dipped to a low of ₹95.65. Despite this week’s increase, the shares have declined by 11.93% over the last 14…

Power Mech Projects Ltd, a small-cap company engaged in civil construction, has announced updates regarding the allotment of bonus equity shares and a dividend declaration. The company has approved a 1:1 bonus issue, meaning eligible shareholders will receive one additional fully paid-up equity share for each share they currently own. The record date for this…

Worth Investment & Trading Co Ltd has recently seen its share price rise by 0.90%, closing at ₹34.64. The company has announced a bonus share issue, with a record date set for November 14, 2024. Under this plan, shareholders will receive additional shares in a 1.5:1 ratio, meaning that for every 2 shares they own,…

The Securities and Exchange Board of India (SEBI) has proposed new guidelines to improve the deployment timelines for funds raised through New Fund Offers (NFOs) in a consultation paper issued on October 30. According to the proposed rules, mutual funds must deploy the collected funds within 30 days from the date of unit allotment. If…

Brokerage JM Financial has highlighted National Aluminium Company Limited (NALCO) as one of its top picks for the upcoming Diwali season, specifically for Samvat 2081. The brokerage believes NALCO has robust growth prospects, driven by several key factors, including the expansion of its alumina refinery, rising alumina prices, and cost efficiencies gained from captive coal…

Tata Motors Ltd, backed by the Tata Group, has recently experienced a significant decline in its share price, which is currently around ₹834.10. The stock has fallen approximately 4% on a weekly basis, nearly 14% over the past month, and around 19% in the last six months, down from a 52-week high of ₹1,179.05. This…

Linc Limited, one of India’s top producers and distributors of writing instruments, has recently announced significant corporate actions, including a stock split and a bonus share issue. Here are the details: Company Overview Linc Limited, formerly known as Linc Pen & Plastics Limited, is a prominent player in the writing instrument sector, with a presence…

HDB Financial Services, the non-banking financial subsidiary of HDFC Bank, is set to launch its highly anticipated initial public offering (IPO), having filed preliminary documents with the Securities and Exchange Board of India (SEBI). This IPO, which aims to raise approximately ₹12,500 crore, will feature a combination of fresh equity issuance and a substantial offer-for-sale…

JM Financial has identified National Aluminium Company Limited (NALCO) as one of its top investment picks for Diwali in the Samvat 2081 year, citing the company’s robust growth prospects. NALCO is poised for success due to its ongoing expansion of the alumina refinery, increasing alumina prices, and cost savings from captive coal mining. Currently, NALCO’s…

Vedanta Limited, backed by billionaire Anil Agarwal, is in focus as it prepares to go ex-dividend for its second interim dividend of FY24 on December 27, 2024. The dividend payout of ₹11 per share represents a remarkable 1,100% return on a face value of ₹1, totaling approximately ₹4,089 crore for shareholders. Known for its hefty…