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BPCL corporate action: The state-run OMC's board has approved a bonus issue in the ratio 1:1 and a dividend of ₹10.5 per equity share (post-bonus) today. Continue Reading »
India's domestic tyre volume growth is expected to moderate to 4-6 per cent in FY2025 from an estimated 6-8 per cent in FY2024 on the back of elevated base and subdued growth in the commercial vehicle (CV) segment. Continue Reading »
TBO Tek IPO opened for subscription on 8 May, 2024 and the issue is likely to close on 10 May 2024. Here are 10 key risks from the RHP you should know before subscribing Continue Reading »
Bharat Forge's stock surged 13.32% previously and continued its winning streak, rising 0.54% today. Management's optimism for FY25 stems from defence and US Class 8 orders. Analysts recommend buying on dips for short- to medium-term gains. Continue Reading »
Aadhar Housing Finance IPO, backed by Blackstone, received good subscription rates. The IPO includes an Offer for Sale of ₹2,000 crore by BCP Topco VII Pte Ltd and a fresh offering of equity shares worth ₹1,000 crore. Continue Reading »
The company blamed changed order book composition, higher working capital requirement, and higher fuel and labour costs for lowering its margin forecast for FY25 Continue Reading »
Top Gainers and Losers Today : The Sensex lost 1062.22 points, or -1.45, to settle at 73466.39, while the Nifty lost 345.0 points, or -1.55, to close at 22302.5. Continue Reading »
Shares of Muthoot Finance and Manappuram Finance fell after RBI advisory on cash disbursement limits for NBFCs. While NBFCs focusing on small-ticket loans may face challenges, those with digital disbursements are expected to fare better. Continue Reading »