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Sensex jumps 591 pts, Nifty ends above 25,120; NSE VIX at 13 mark (14-10-2024)
The key domestic benchmarks ended with strong gains on Monday. The Nifty50 settled above the 25,100 level led by IT and banks shares. However, metal and energy stocks declined. The market’s upward trajectory, however, could be challenged by the upcoming US presidential elections and geopolitical tensions in the Middle East.
Board of Wealth First Portfolio Managers recommends first interim dividend (14-10-2024)
Of Rs 8 per share
INR recovers from lifetime lows; supported by positive equities (14-10-2024)
The Indian rupee recovered from its all-time low levels and appreciated 4 paise to close at 84.06 (provisional) against the US dollar on Monday supported by strong domestic equity markets. Indian shares rose notably on Monday after major U.S. indexes reached record closing highs on Friday, buoyed by strong earnings results from the likes of JPMorgan Chase and Wells Fargo, and a benign producer price inflation reading. A sharp drop in oil prices also boosted sentiment after China reported disappointing inflation and trade balance figures and made a stimulus announcement over the weekend that failed to inspire confidence among investors. The benchmark 30-share BSE Sensex surged 591.69 points, or 0.73 percent, to 81,973.05 while the broader NSE Nifty index ended up 163.70 points, or 0.66 percent, at 25,127.95. However, rupee was weighed down by the strong US dollar and elevated crude oil prices.
Krystal Integrated gains after bagging multiple orders worth Rs 80-cr (14-10-2024)
Krystal Integrated Services rallied 2.24% to Rs 753.60 after the company received multiple orders from Directorate of Medical Education and Research, Maharashtra, aggregating to Rs 80 crore.
Bondada Engineering bags solar power project of Rs 390.25 cr from MAHAGENCO (14-10-2024)
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Easy Trip Planners board approves issuance of bonus shares in 1:1 ratio (14-10-2024)
Travel tech platform Easy Trip Planners Ltd on Monday said its board has approved issuance of bonus shares.
The board of directors at its meeting held on Monday approved the issuance of bonus shares in the ratio of one bonus equity share for every one fully paid-up equity share, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing.
The bonus shares will be issued from the company’s available reserves as of March 31, 2024, it added.
“This move highlights EaseMyTrip’s commitment to rewarding shareholders, following two successful bonus issuances in 2022,” the company said.
EaseMyTrip CEO and Co-Founder Nishant Pitti said, “This bonus issuance reflects our gratitude to shareholders and underscores our confidence in the company’s strong financial health. As we expand, it’s important to continue sharing our success with those who have supported us throughout.”
The total number of shares to be issued are 177.2 crore at a face value of Re 1 each. The
Sterling & Wilson Renewable Energy reports consolidated net profit of Rs 7.05 crore in the September 2024 quarter (14-10-2024)
Sales rise 35.68% to Rs 1030.49 crore
Premier Polyfilm standalone net profit rises 60.74% in the September 2024 quarter (14-10-2024)
Sales rise 3.39% to Rs 69.16 crore
Wealth First Portfolio Managers consolidated net profit rises 47.76% in the September 2024 quarter (14-10-2024)
Sales rise 43.56% to Rs 19.51 crore