A surge in PB Fintech Ltd. has made the Indian stock the world’s best performer this year among major financial technology firms, as green shoots emerge in unsecured lending after a central bank crackdown. The shares have risen about 110% in 2024, the most among companies with a minimum market value of $1 billion in…
Domestic markets are expected to open with a negative bias on Friday amid mixed global cues. With all eyes on the US Federal Chief’s speech at the Jackson Hole symposium on Friday (around 1130 pm IST), experts believe another lacklustre day at Dalal Street. Though the US stocks slipped overnight ahead of Jerome Powell’s testimony,…
Dividend Dates Ex-Dividend 23 Aug 2024 (Tomorrow) Last date for Cum-Dividend Today ABB India Limited Dividend Per Share Rs.10.66 Previous day Closing Price – Rs. 7915.6 A.K.Capital Services Ltd. Dividend Per Share Rs.8 Previous day Closing Price – Rs. 1094.55 Astra Microwave Products Ltd. Dividend Per Share Rs.2 Previous day Closing Price – Rs. 882.65\ …
Zomato Stocks / Zomato Share Price, Paytm Share Price Updates for August 22, 2024: Zomato, Paytm shares gained in early trade on Thursday following an entertainment ticketing business deal. However, the stocks closed in red. Zomato will acquire Paytm’s movie and events ticketing business for ₹2,048.4 crore. One 97 Communications Limited (OCL), which owns Paytm,…
Indian equity markets traded marginally higher on Thursday afternoon, with the Sensex and Nifty both showing modest gains. As of 1:15 pm, the BSE Sensex was trading at 81,030.96, up 125.66 points or 0.16 per cent from its opening level of 81,207.24. The NSE Nifty stood at 24,805.95, rising 35.75 points or 0.14 per cent…
The shares of Nazara Technologies Limited were trading at ₹963, down by ₹4.15 or 0.43 per cent on the NSE today at 11:15 am. Nazara Technologies Limited, an Indian gaming company, continues its expansion strategy with two significant moves announced this month. On August 21, 2024, Nazara revealed plans to invest up to £21.2 million…
GAIL (India) Limited and Petron Scientech Inc signed a Memorandum of Understanding on August 21, 2024, to explore setting up a 500 KTA bio-ethylene plant in India. The proposed project, based on bio-ethanol, would be a 50:50 joint venture. The companies will conduct feasibility studies to assess technical viability and financial prospects before seeking investment…
The National Company Law Tribunal (NCLT) Chandigarh Bench has approved the merger of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited with Escorts Kubota Limited. The shares of Escorts Kubota Limited were trading at ₹3,814.85, up by ₹27.35 or 0.72 per cent at 12:25 pm on the NSE today. The scheme…
Returns may moderate as earnings growth slows to less than 15 per cent this year, says Ashish Gupta, CIO, Axis AMC. In an interview with businessline, Gupta says interest rate cuts in India could be shallower than the US, leading to more FPI flows. Excerpts: What is your outlook for Indian equities? The last one…
Joyalukkas, one of the leading jewellers, plans to open 60 new stores in next three years largely outside southern States. The move is aimed to increase revenue from non-south States to 25 per cent from 15 per cent. Despite major expansion, the company does not want to revive attempts to tap the capital market as…
