Author: Dinesh

Vivid Mercantile Ltd. recently executed a stock split, reducing the face value of its equity shares from ₹10 to ₹1 each. This corporate action was approved by the company’s Board of Directors and subsequently by shareholders. The split ensures that each existing share is divided into 10 new shares, maintaining the same overall value and…

BEML Limited, a Miniratna PSU under the Ministry of Defence, has garnered significant attention in the stock market following major contract wins and strategic partnerships. The company’s recent performance and developments highlight its robust position in critical industries, driving strong investor confidence. Stock Market Performance Major Contract from Chennai Metro BEML’s recent announcement of a ₹3,658…

Adani Group stocks demonstrated a strong recovery on Thursday, marking their second consecutive day of gains despite a decline in the broader market. This rally followed Adani Green Energy’s statement denying allegations of violations under the US Foreign Corrupt Practices Act (FCPA) made by the US Department of Justice (DoJ). While the company called these…

Reliance Power Limited (R Power), part of the Reliance Group led by Anil Dhirubhai Ambani, is one of India’s largest private-sector energy companies. It operates a diverse portfolio of power projects, leveraging coal, gas, hydro, and renewable energy sources. Despite past challenges, the company is focused on expanding its capacity, improving operational efficiency, and diversifying…

Paytm has officially launched International UPI, a feature that allows Indian travelers to make seamless, cashless transactions at international destinations where UPI is accepted. One97 Communications Limited (OCL), Paytm’s parent company, introduced this service as part of its efforts to expand beyond domestic operations. This feature is available in countries such as the UAE, Singapore,…

Shradha AI Technologies Ltd has announced a board meeting scheduled for Friday, November 22, 2024, to review and finalize the record date for a proposed stock split. Subject to shareholder approval, this move will require a resolution to be passed in an upcoming shareholder meeting. A stock split typically reflects a company’s growth and aims…

Surya Roshni, a small-cap manufacturer of iron & steel products, has announced a “double dhamaka” for its investors, offering both a 50% interim dividend and a 1:1 bonus issue. These actions are aimed at rewarding shareholders, with the record date for eligibility set for November 29, 2024. The interim dividend of ₹2.50 per equity share…

KPI Green Energy, a prominent Gujarat-based renewable power company, has announced a bonus issue, offering 1 free bonus share for every 2 existing shares held by its shareholders. The company’s board approved this bonus issue on November 14, 2024, with a total value of ₹32.815 crore. This will result in the issuance of 6,56,30,202 new…