Shares of Premier Polyfilm and Systematix Corporate Services will be focused today due to announced stock splits. Both companies set November 5 as the record date. Premier Polyfilm will split shares from Rs 5 to Re 1, while Systematix Corporate Services will do the same. This is the first stock split for both companies, as per Trendlyne data.
Posts in category Economic Times
Q2 results today: IRFC, IRCTC, Raymond among 47 companies to announce earnings on Monday (04-11-2024)
Key companies, including IRFC, IRCTC, and Raymond, are set to announce their quarterly earnings today. Amara Raja Energy is anticipated to report a 17% YoY growth in net profit and a 10% YoY increase in revenue, driven by solid performance in the aftermarket division and new energy business.
Q2 results today: IRFC, IRCTC, Raymond among 47 companies to announce earnings on Monday (04-11-2024)
Key companies, including IRFC, IRCTC, and Raymond, are set to announce their quarterly earnings today. Amara Raja Energy is anticipated to report a 17% YoY growth in net profit and a 10% YoY increase in revenue, driven by solid performance in the aftermarket division and new energy business.
Democratization of bonds: The watershed moment is here (04-11-2024)
Despite India’s substantial bond issuance, retail participation remains low at 4%, compared to over 30% in equity markets. Recent regulatory changes and the emergence of Online Bond Platform Providers aim to democratize access, making bonds more accessible and understandable for individual investors. A significant shift in retail bond investment is anticipated.
Democratization of bonds: The watershed moment is here (04-11-2024)
Despite India’s substantial bond issuance, retail participation remains low at 4%, compared to over 30% in equity markets. Recent regulatory changes and the emergence of Online Bond Platform Providers aim to democratize access, making bonds more accessible and understandable for individual investors. A significant shift in retail bond investment is anticipated.
Oil prices rise by over $1 on OPEC+ output hike delay (04-11-2024)
Oil prices surged over $1 in early trading on Monday as OPEC+ announced a delay in its planned December output increase by one month.
Oil prices rise by over $1 on OPEC+ output hike delay (04-11-2024)
Oil prices surged over $1 in early trading on Monday as OPEC+ announced a delay in its planned December output increase by one month.
Gold steadies as investors brace for US election and potential rate cuts (04-11-2024)
Gold prices remained stable on Monday as investors prepared for a significant week ahead, highlighted by the U.S. presidential election and potential Fed interest rate cuts. Spot gold slightly increased by 0.1% to $2,738.29 per ounce, while U.S. gold futures stayed flat at $2,747.50.
Dollar dips as US election outcome remains uncertain, Fed rate cut looms (04-11-2024)
The dollar dipped in Asia as investors anticipated the U.S. elections and potential interest rate cuts. Kamala Harris leads in a key poll while Trump’s policies affect inflation and the dollar. Major central banks, including the Federal Reserve and Bank of England, are expected to adjust rates this week. China’s Congress is also considering more economic stimulus.