Thangamayil Jewellery Ltd has announced in an exchange filing that its writ petition challenging a tax demand of ₹70.18 crore has been dismissed by the Madras High Court’s Madurai Bench. The petition was filed under Article 226 of the Constitution of India, contesting the notice of demand issued under Section 156 of the Income Tax …
Housing & Urban Development Corporation Ltd (HUDCO) Board of Directors has declared and approved an interim dividend of ₹1.05 per equity share (10.50%) for FY 2024-25. On March 12, 2025, HUDCO share price opened at ₹182.50 and closed at ₹181.59, up by 0.15%. The stock price touched its day’s high at ₹185.49. HUDCO Interim Dividend …
On Thursday, March 13, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher, following positive global market performance. Check out a few stocks that might be in focus during the trading session. Ola Electric Ola Electric has launched a limited-time Holi flash sale for its S1 range of electric scooters. …
The Nifty 50 index witnessed a modest recovery from its intra-day low on Wednesday, March 12, 2025, but remained range-bound ahead of its weekly expiry. The benchmark index fluctuated between 22,577.40 and 22,329.55 levels during the session, reflecting cautious investor sentiment. Despite the recovery, Nifty 50 failed to hold above the crucial 22,500 mark, closing …
Tata Steel has announced its plan to raise ₹3,000 crore through the issuance of non-convertible debentures (NCDs) via private placement. The fundraising move, approved by the board on February 14, is aimed at strengthening the company’s financial position while leveraging its strong market standing. Understanding Non-Convertible Debentures (NCDs) Non-convertible debentures (NCDs) are fixed-income instruments issued …
Capacite Infraprojects, a prominent player in the construction sector, recently experienced a significant decline in its share price, dropping nearly 15% during Friday’s trading session. This downturn occurred despite the company reporting a substantial 77% year-on-year increase in net profit for the third quarter of the fiscal year 2025 (Q3FY25), reaching ₹52.3 crore. The market’s …
India’s biggest paints manufacturer, Asian Paints, has announced its exit from the Indonesian market, resulting in a potential loss of ₹90 crore. The company has agreed to sell its entire stake in PT Asian Paints Indonesia (PTAPI) and PT Asian Paints Color Indonesia (PTAPCI) to Berger Paints Singapore Pte Limited for SGD 7.5 million (approximately …
As of 11:35 AM IST on February 01, 2025, Paytm share price stood at ₹766.75, slightly down from its previous close of ₹775.15. With a market capitalisation of ₹48,895 crore, the stock witnessed a trading volume of 8,787 lakh shares. The stock opened at ₹776.00, with a 52-week upper circuit limit is ₹1062.95, and its lower circuit …
On Wednesday, March 12, Bharat Electronics received a contract worth ₹2,463 crore from the Ministry of Defence. With this deal, the total order inflow for FY 2024-25 for BEL has reached ₹17,030 crore. The new radars will have integrated Identification Friend or Foe (IFF) systems with electronic scanning capabilities, that enable 4D surveillance. Moreover, these …
Adani Wilmar Limited (AWL) is one of India’s leading food FMCG companies, with a diverse portfolio spanning edible oils, packaged foods, and industry essentials. The company, a joint venture between the Adani Group and Singapore-based Wilmar International, has established a strong presence in the Indian market. AWL’s product range is anchored by its flagship brand, Fortune, …
