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Shriram Finance Shares Surge 7% Following Strong Q2 FY25 Earnings Results, Declares 220% Interim Dividend

Shriram Finance Shares Surge 7% Following Strong Q2 FY25 Earnings Results, Declares 220% Interim Dividend

28 October 2024

Shriram Finance Ltd. announced a stock split during its board meeting on Friday, October 25. The company plans to split each share with a face value of ₹10 into 5 shares with a face value of ₹2 each. The record date for this split will be announced later. This action requires approval from the company’s …

ITD Cementation Shares Tumbled Over 7%: Promoters to Sell 46.64% Stake

ITD Cementation Shares Tumbled Over 7%: Promoters to Sell 46.64% Stake

28 October 2024

On October 28, 2024, ITD Cementation shares fell 7.7% during early trading, reaching a low of ₹491.55 on the BSE by 10:15 AM. This decline follows the Adani Group’s recent acquisition of a stake in Orient Cement, as Renew Exim DMCC, a Dubai-based firm under the Adani umbrella, announced an agreement to acquire a 46.64% …

Did Dr Reddy’s Share Price Really Fall by 80%? Understanding the Stock Split and F&O Adjustments

Did Dr Reddy’s Share Price Really Fall by 80%? Understanding the Stock Split and F&O Adjustments

28 October 2024

Dr Reddy’s Stock Split Explained: Why Share Price Dropped by 79.6% Against a previous close of Rs 6,514.15 on October 25, Dr Reddy’s Laboratories Ltd.’s share price opened on Monday at Rs 1,328.90, showing an apparent drop of 79.6%. This drop isn’t a sign of lost value but rather the result of a stock split that …

Adani Power: Kenyan Court Suspends $736 Million Line Deal

Adani Power: Kenyan Court Suspends $736 Million Line Deal

28 October 2024

Kenya’s High Court just suspended a $736 million (around Rs.6,109 crore) deal between India’s Adani Power Ltd and Kenya’s state-owned Kenya Electrical Transmission Company (KETRACO). The project, signed earlier this month, planned for Adani to build and run crucial power lines across Kenya. But now, this ambitious 30-year venture is on hold. What’s It About? …

BPCL entered into a JV agreement with Oil India to develop a project in Arunachal Pradesh

BPCL entered into a JV agreement with Oil India to develop a project in Arunachal Pradesh

28 October 2024

The Ministry of Petroleum and Natural Gas is in charge of the operations of the 2nd-largest government-owned downstream oil producer in India, Bharat Petroleum Corporation Limited, a public sector oil and gas company with its headquarters located in Mumbai. It runs three refineries in Bina, Kochi, and Mumbai. Board of BPCL approves joint venture with …

IndiGo Share Price Drops 8.25%; Reports 14.6% Revenue Growth in Q2 FY25 Financial Results

IndiGo Share Price Drops 8.25%; Reports 14.6% Revenue Growth in Q2 FY25 Financial Results

28 October 2024

InterGlobe Aviation Limited, the parent company of IndiGo, has released its financial results for the second quarter of fiscal year 2025, ending September 30, 2024.  IndiGo Q2 FY 2025 Financial Highlights The airline reported a total income of ₹177.6 billion, marking an increase of 14.6% compared to the same period last year. This growth is …

Coal India Share Price Dips 3.07%; Reports Q2 FY 2025 Earnings and Declares ₹15.75 Interim Dividend

Coal India Share Price Dips 3.07%; Reports Q2 FY 2025 Earnings and Declares ₹15.75 Interim Dividend

28 October 2024

Today on October 28, 2024, Coal India share price is in focus after the company announced its unaudited financial results for the second quarter and the first half of the fiscal year 2024-25, which ended on September 30, 2024. Q2 and H1 FY 2025 Financial Highlights  The company reported a total income of ₹32,177.92 crore …

Reliance Share Price in Focus Amid Bonus Share Record Date Today on October 28

Reliance Share Price in Focus Amid Bonus Share Record Date Today on October 28

28 October 2024

On Monday, Reliance Industries share price is in focus as Reliance Industries Limited (RIL) is set to execute its 1:1 bonus share issue, with October 28, 2024, marked as the record date.  Reliance Bonus Share Details Investors who purchased shares by the close of market on Friday, October 25, 2024, will be eligible for the …

ICICI Bank Shares Zoom Over 3%: Announced Q2 FY25 Results

ICICI Bank Shares Zoom Over 3%: Announced Q2 FY25 Results

28 October 2024

On October 26, 2024, ICICI Bank released its results for the quarter ended September 2024. ICICI Bank reported a standalone net profit of ₹11,745.88 crore for Q2 FY25, a 14.47% increase year-over-year, driven by a 17.24% rise in total income to ₹47,714.04 crore. In the same quarter, profit before tax (PBT) reached ₹15,490.09 crore, reflecting …

Max Estates Shares Zoom Over 3% Post Release of Q2 FY25 Results

Max Estates Shares Zoom Over 3% Post Release of Q2 FY25 Results

28 October 2024

Max Estates Limited, the real estate division of the Max Group, has released its unaudited financial results for Q2 and H1 FY25.  During Q2 FY25, Max Estates secured NCLAT approval for the ‘Delhi One’ project in Sector 16B, Noida. This project spans 34,697 sq. meters and has the potential for 2.5 million sq. ft. of …

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