Reliance Power share price opened at ₹41.38 on the BSE, which was more than 3% higher than the previous closing price of ₹39.89. During the trading session, the price reached an intraday high of ₹43.69, showing a gain of over 9% following the Q3 results. Q3 FY25 Financial Highlights In the October-December 2024 quarter, the …
UltraTech Cement has expanded its operations by commissioning 0.6 MTPA grinding capacity at its Sonar Bangla, West Bengal unit. This boosts its domestic grey cement capacity to 166.31 MTPA, the company said in a press release on the stock exchanges. Expansion Details: 0.6 MTPA Grinding Capacity UltraTech Cement has announced the commissioning of an additional …
Sula Vineyards, India’s largest winemaker, reported a 35% drop in net profit for Q3. The profit fell to ₹28.06 crore compared to ₹42.98 crore in the same quarter last year. Urban Market Impact About 90% of Sula’s revenue comes from urban areas. However, urban consumption reached a two-year low in November due to high food …
ITC Hotels will be removed from 22 BSE indices before trading begins on Wednesday, February 5. The company, which was spun off from ITC Ltd., had been temporarily included in the Sensex and other indices to facilitate portfolio rebalancing by passive funds. ITC Hotels Removal from Indices and Market Impact ITC Hotels began trading as …
Bonus shares are extra shares given to existing shareholders at no additional cost, depending on the number of shares they already hold. Companies typically issue bonus shares as a way to distribute accumulated profits or reserves, serving as a sign of the company’s financial stability and growth potential. For example, with a 1:1 bonus issue, …
United Spirits plans to shut down its Hyderabad manufacturing unit by July 2025, contributing 1.5% to annual revenue. This move is part of a broader supply chain agility program approved in January 2023, the company said in a press release on the stock exchanges. Overview of the Manufacturing Unit Closure Plan United Spirits Limited has …
Several dividend-paying stocks, including GAIL (India), ONGC, CAMS, Nestlé India, and Marico, will be in focus today as they turn ex-dividend on Friday, February 7, 2025. These companies have announced interim dividends for their shareholders, and investors who own these stocks before the ex-date will be eligible for payouts. Highest Dividend Announcements Among the listed …
Swiggy Limited announced its financial results for the quarter and nine months ended December 31, 2024. On February 6, 2025, Swiggy share price opened at ₹391.00, down from its previous close of ₹418.05. At 9:39 AM, the share price of Swiggy was trading at ₹403.10, down by 3.58% on the NSE. Notably, today the stock price touched …
Page Industries sees a 34.3% YoY profit growth in Q3FY25, reaching ₹204.7 crore. Despite short-term challenges in the apparel market, they forecast strong growth driven by athleisure and innerwear segments. Q3 FY25 Financial Highlights Page Industries, which manufactures and distributes Jockey in India, reported a solid 34.3% year-on-year increase in its third-quarter profit for FY25, …
Nestlé India, a leading FMCG company, announced a ₹14.25 dividend per share with the ex-date set for February 7, 2025. The dividend payout announcement was made on January 25, 2025. Corporate Action History Nestle India has a long history of consistently rewarding its shareholders through dividend payouts, demonstrating its commitment to delivering value. The company …
