Stock Market today: Tata Steel, Steel Authority of India Ltd , NMDC, Hindalco Industries Ltd , Vedanta , Hindustan Copper Hindustan Zinc Ltd were prominent gainers amongst the metal stocks that led to a decline in the Nifty Metal Index. The Nifty Metal Index during the intraday trades on Monday, […]
Vedanta
Stock Market Today: Vedanta Ltd share price gained almost 4% on Friday as it announced second interim dividend of ₹4 per share of face value of ₹1. Company in its release on the exchange said that “Board of Directors of Vedanta Limited, at its meeting held today i.e. Friday, July […]
With the Sensex triumphantly breaching the 80,000-mark in nine straight sessions, the market’s robust performance begs the question: which business conglomerates have reaped impressive returns for their shareholders? India’s business landscape is ruled by a league of giants and these top conglomerates, spanning diverse sectors, wield immense influence and contribute […]
Reliance Industries: The company’s Q1 consolidated profit was ₹17,448 crore, a decrease from ₹18,182 crore. Revenue grew by 11.5% to ₹2,57,823 crore from ₹2,31,132 crore. EBITDA rose by 2% to ₹42,748 crore from ₹41,906 crore. EBITDA margin was at 16.6%, down from 18.1%. Jio Platforms’ profit jumped by 11.7% to […]
Mining conglomerate Vedanta Limited raised ₹8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of ₹440 per share, according to a stock exchange filing by the company. The issue, which closed on July 19, implied a discount of 4.61 […]
Mining giant Vedanta has announced a floor price of ₹461.26 per equity share for its Qualified Institutional Placement (QIP) issue, according to an exchange filing on July 15. “We further wish to inform you that the ‘relevant date’ for the purpose of the Issue is July 15, 2024, and accordingly, […]
Indian stock market: The domestic benchmark equity indices, Sensex and Nifty 50, closed Thursday’s session higher despite encountering volatility throughout the trading day. The 30-share BSE Sensex concluded the session with a gain of 141.34 points, or 0.18 per cent, closing at the level of 77,478.93. Meanwhile, the Nifty 50 […]
Stock Market Today: Vedanta Ltd share price has risen 76% year-to-date. The rising base metal prices as that of Aluminium Zinc and others have led to improved revenue visibility for the Vedanta Ltd. The Aluminium on the London metal Exchange that were close to $2150 a tone in mid January […]
About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally that’s higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg. Also Read | Lok Sabha Elections […]