Category: Blog
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Shakti Pumps Announces 5:1 Bonus Shares, Reports Strong Q2 FY25 Growth; Record Date Set for November 25, 2024
Shakti Pumps (India) Limited, a leader in the production of energy-efficient pumps and motors, has announced a 5:1 bonus share issue. The record date for eligibility is set for November 25, 2024. The company, with over 30 years of experience, manufactures pumps for various applications, including firefighting, waste treatment, industrial processes, high-rise pressure boosting, and…
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Kamdhenu Limited Announces First-Ever 1:10 Stock Split, Reports Strong Q2 FY25 Growth Amid Rising Demand for TMT Bars
Kamdhenu Limited, founded in 1994, has established itself as a leader in India’s steel manufacturing industry, particularly in branded TMT bars. The company was started with a vision to provide top-quality TMT bars at competitive prices and is currently led by Mr. Satish Kumar Agarwal, who has guided Kamdhenu to become the largest producer and…
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ONGC Declares ₹6 Per Share Interim Dividend, Reports 17% Rise in Q2 Profit Amid Bearish Stock Trend
Oil and Natural Gas Corporation Ltd (ONGC) is India’s largest natural gas and crude oil company and a “Maharatna” public sector undertaking (PSU) operating under the Ministry of Petroleum and Natural Gas. ONGC, headquartered in New Delhi, is India’s only fully integrated oil and gas company, with operations spanning the entire hydrocarbon value chain. Dividend…
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Power Finance Corporation Declares ₹3.5 Interim Dividend; Strong Q2 Earnings and Bullish Stock Momentum Signal Growth Potential
Power Finance Corporation (PFC) Ltd., established on July 16, 1986, is a Schedule-A Maharatna Central Public Sector Enterprise (CPSE) and one of India’s leading non-banking financial institutions, operating under the administrative authority of the Ministry of Power. In July 2010, the Reserve Bank of India (RBI) designated PFC as an infrastructure finance company, and in…
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Niva Bupa Health Insurance IPO Sees Strong Demand, Subscribed 1.73 Times Ahead of Closing
The Niva Bupa Health Insurance IPO, which opened on November 7, 2024, is receiving strong demand, with subscriptions nearly doubling by 3 pm on the final day, November 11. Retail investors have been particularly active, subscribing 2.6 times their allocated portion. Overall, the IPO has been subscribed 1.73 times, with Qualified Institutional Buyers (QIBs) subscribing…
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Vidhi Specialty Food Ingredients Reports Strong Q2 Growth and Declares 100% Interim Dividend; Stock Targeted for ₹530
Vidhi Specialty Food Ingredients Limited, previously known as Vidhi Dyestuffs Manufacturing Limited, is a leading producer of superior synthetic food-grade colours. The company supplies high-quality colour solutions across a wide range of industries, including food and beverage, confectionery, pharmaceuticals, feed, cosmetics, inkjet, and salt-free colouring applications. Its manufacturing facility in Dhatav Village, Raigad District, Maharashtra,…
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Emami Ltd. Declares ₹4 Interim Dividend, Reports Strong Q2 Growth with 17.2% PAT Increase
Emami Ltd., one of India’s top FMCG companies, was founded in 1974 and has grown into a leading producer and marketer of healthcare and personal care products. Known for trusted brands like Navratna, BoroPlus, Fair & Handsome, Zandu Balm, Menthol Plus, and Kesh King, Emami offers a diverse portfolio of over 450 products. Its extensive…
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MSTC Declares ₹4 Interim Dividend for FY25 Amid Q2 Profit Growth, Stock Shows Bearish Trend
MSTC Limited, a Mini Ratna Category-I Public Sector Undertaking (PSU) under the Ministry of Steel, is recognized for its extensive e-commerce services. Established as a leader in e-commerce for industries since 2002, MSTC provides solutions like e-auctions, e-sales, e-procurement, and e-tendering, along with specialized software solutions for various sectors. The company recently announced an interim…
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Bank of India Q2 Results: Net Profit Soars 63% to ₹2,374 Crore, Asset Quality Strengthens
Bank of India (BOI) reported strong financial performance for the quarter ending September 30, 2024 (Q2FY25). The bank’s net profit surged 63% year-on-year (YoY) to ₹2,374 crore, up from ₹1,458 crore in Q2FY24. Operating profit also grew, reaching ₹4,147 crore—a 10% YoY increase compared to ₹3,756 crore in the same quarter last year. Net Interest…
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Bitcoin Breaks $80,000 as President-Elect Trump’s Pro-Crypto Stance Fuels Market Surge
Bitcoin surged past $80,000 for the first time, propelled by President-elect Donald Trump’s positive stance on digital assets and a pro-crypto Congress. The cryptocurrency rose as much as 4.7%, reaching a new record of $80,092 on Sunday. During his campaign, Trump promised to position the U.S. as a global leader in the digital asset industry,…