Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they hold. The record date for the issuance will be announced later. Bonus shares are fully paid additional shares that aim to enhance liquidity and lower the stock price.
Posts in category Economic Times
Godavari Biorefineries IPO allotment expected soon. Check status, GMP, listing date, and other details (27-10-2024)
They can check the allotment status through the BSE or by visiting the registrar’s website. Here’s how you can check the status on the BSE or the registrar’s website.
Sun Pharma Q2 Results Preview: PAT may rise 25% YoY; healthy revenue growth seen (27-10-2024)
Revenue from operations is likely to jump 10% year-on-year (YoY), according to the average estimate of four brokerages. Meanwhile, net profit for the quarter is projected to rise by up to 25% YoY. The pharma major will report its September quarter results on Monday, October 28.
Waaree Energies GMP falls ahead of listing: Are multibagger hopes in vain? (27-10-2024)
Waaree Energies is set to debut on the exchanges on Monday, with shares trading at a grey market premium (GMP) of Rs 1,225. The stock is expected to list at an 81% premium over the upper price band of Rs 1,503. However, the GMP has declined from over 100% recently, indicating potential volatility in its performance.
M-cap of nine of the top 10 most valued firms plunges Rs 2 lakh crore as Sensex, Nifty tumble (27-10-2024)
“The dismal Q2 earnings so far have aggravated the investors’ woes while persistent FII selling continued to create havoc in the market,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Q2 results this week: Airtel, Maruti Suzuki, L&T among 392 companies to announce earnings (27-10-2024)
The second quarter earnings season for India Inc. is expected to be muted, with possibly the slowest growth in over four years. Major companies like Bharti Airtel, Maruti, Suzlon Energy, L&T, Dabur India, and Cipla will announce their results this week, highlighting key financial milestones.
Gold at new lifetime highs: Is it safe to invest now? (27-10-2024)
Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand from China. The metal has been on a bullish trend, supported by escalating geopolitical tensions, US Federal Reserve rate cuts, a weak global growth outlook, and strong demand from central banks. In India, gold prices have doubled over the past five years, with a notable increase of over 24 percent this year.
The rising impact of retail investors on debt capital markets (27-10-2024)
The debt market, traditionally dominated by institutional investors, is evolving to include retail participants. With regulatory reforms reducing retail debt participation from Rs 10,00,000 to Rs 10,000, smaller companies can now raise funds through public NCD issues. This transformation, evidenced by significant growth in corporate bond issuance, promises to enhance liquidity and drive economic development in India.
Diwali Delights: These 10 penny have soared over 100% since last year (27-10-2024)
ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period.
Breakout Stocks: How to trade MFSL, Radico Khaitan and IndusInd Bank on Monday (27-10-2024)
Sectorally, buying was observed in FMCG, while selling was seen in energy, consumer durables, oil & gas, and PSU stocks.