Stocks that will trade Ex bonus this week: Are you holding any?
The issue of bonus shares is a corporate action in which additional shares are given to eligible shareholders without any additional cost, based upon the number of shares that a shareholder owns. A bonus issue usually happens when the share price of the company is too high, to increase the liquidity of its shares, or [...]
Multibagger stock hits upper circuit of 20% and reaches all time high
Starlineps Enterprises Limited’s shares surged 19.97 percent on Monday’s early trades to reach a fresh all-time high of ₹ 124.65 apiece on the Bombay Stock Exchange (BSE). The wholesale B2B company is engaged in the business of precious stones and jewellery. The company’s shares were trading at ₹ 122.35 apiece at 12:18 PM on Monday. [...]
Multibagger smallcap stock with 153% returns announces bonus issue; Check the details
The shares of Ruby mills inched up by 1.1 percent and were trading at Rs 672 till 11.50 am on Monday. The shares reached its all time high of Rs 687 last week on Friday. In a month, the stock has gained approximately 48 percent. In January 2022, the stock was trading at Rs 264 [...]
Reliance Industries gains 1% on Shubhalakshmi Polyesters acquisition
Shares of Reliance Industries gained nearly 1 per cent in morning trade on Monday after the company announced the acquisition of polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore. On September 10, Reliance Industries said the acquisition is part of the strategy to expand its downstream polyester business. Shares of the [...]
Shares of Mahindra Lifespace Developers jump over 2%; touch 52-week high on bourses
Shares of Mahindra Lifespace Developers touched its 52-week high in the morning trade on Monday after the realty firm said it is looking to acquire a few land parcels this fiscal to build housing projects. Shares of the company opened at Rs 541.95 on Monday, then gained 2.37 per cent to touch Rs 550.40, its [...]
Sensex revisits 60k mark in early trade
Equity benchmarks made a positive start to the week on Monday amid a supportive trend in Asian markets and robust foreign fund inflows. Trading momentum was positive ahead of retail inflation and industrial output data, which will be announced after market hours. Rising for the third straight session, the 30-share BSE Sensex climbed 274.07 points [...]
Rupee falls 10 paise to 79.67 against US dollar in early trade
The rupee depreciated by 10 paise to 79.67 against the US dollar in opening trade on Monday, even as the equity market opened on a positive note. At the interbank foreign exchange market, the rupee opened at 79.66 against the greenback, then fell to 79.67, registering a decline of 10 paise over its last close. [...]
Weekly Recap: 10 crore Demat accounts, Gov to acquire stake in Vodafone and More!
After a flat start on Monday, headline indices BSE Sensex and NSE Nifty 50 gained 361 points (0.61%) and 103 points (0.59%) respectively. The thirty-share index was at 59164 points while the fifty-share index was at 17642 points. On Friday, the benchmark indices extended gains, led by IT shares. However, losses in oil & gas [...]
FPIs infuse Rs 5,600 crore in Indian equities in September so far
Foreign investors have pumped in close to Rs 5,600 crore into the domestic equity markets in this month so far on expected growth in consumer spending in festive season and better macro fundamentals compared to other emerging markets. This comes following a net investment of staggering Rs 51,200 crore in August and nearly Rs 5,000 [...]
