Multibagger Hardwyn India fixes record date for split, bonus; releases Q4 earnings
Business | May 30, 2023 16:30 ISTThe company in a filing informed that the board has fixed June 5, Monday, as the record date for the purpose of split and bonus.
The company in a filing informed that the board has fixed June 5, Monday, as the record date for the purpose of split and bonus.
Multibagger Stock: The company has reported three-fold increase in consolidated net profit at Rs 1.68 crore during the March 2023 quarter, Integra Essentia said in a BSE filing.
With the global rice shortage looming large and being dubbed as the worst in 20 years, the Indian FMCG player has played a pivotal role in ensuring no shortage.
JTL Industries shares: The company has posted a Rs 36.65 crore consolidated net profit during the January-March quarter of financial year 2022-23, it said in a regulatory filing.
Hardwyn India Bonus, Split News: The rationale behind the split and bonus is to increase the liquidity and make the shares cheap. The price of the shares are adjusted in the ratio of declared split and bonus.
Sensex on Wednesday witnessed a three-week low as it plunged by 927 points to settle at 59744.98 while Nifty settled at a four month low below 176,00. The figures are a reflection of weak global trends.
BSE and NSE, in their circulars, said the symbolic trading session would be held between 1815 hrs and 1915 hours.
NTPC, ITC, Bajaj Finance, Kotak Mahindra Bank, Larsen & Toubro, Titan, Mahindra & Mahindra, and Asian Paints were among the gainers in early trade.
From the Sensex pack, Tata Steel, Asian Paints, Larsen & Toubro, Wipro, UltraTech Cement, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Kotak Mahindra Bank and Axis Bank were the major laggards.
Established in 1875, BSE, formerly known as Bombay Stock Exchange, is Asia's first stock exchange. In 2017, it became the 1st listed stock exchange of India.
Higher crude oil prices are leading to weakness in the rupee whereas relentless selling by FIIs is also causing pressure in our market
Continuing its winning momentum for the third straight session, the 30-share BSE benchmark opened with significant gains and saw further consolidation as the trade progressed.
According to experts, exploding COVID-19 cases, sustained selling by foreign institutional investors and slowing growth momentum in the developed economies have spooked markets the world over.
Meanwhile, international oil benchmark Brent crude firmed up 0.97 percent to USD 74.60 per barrel. The rupee recovered 23 paise to close at 76.09 against the US dollar on Thursday.
PowerGrid was the top gainer in the Sensex pack, rising around 4 percent, followed by NTPC, Tata Steel, Bharti Airtel, Sun Pharma, and Bajaj Finserv.
Rallying for 5th straight session on Wednesday, 30-share BSE benchmark jumped 376.44 points to its all-time high of 60,660.75. In 5 trading days, the BSE benchmark index has gained 1,471.02 points.
In the previous session, the 30-share index ended 148.53 points or 0.25 per cent higher at record 60,284.31, and Nifty rose 46 points or 0.26 per cent to its fresh closing peak of 17,991.95.
In the previous session, the 30-share index ended 410.28 points or 0.68 per cent lower at 59,667.60, and Nifty declined by 106.50 points or 0.60 per cent to close at 17,748.60.
The 30-share index settled 476.11 points or 0.82 per cent higher at 58,723.20. It touched an intra-day record of 58,777.06.
After slipping over 192.17 points lower, the 30-share BSE index pared some of its losses to trade 54.98 points or 0.10 per cent lower at 52,920.82 in initial deals, while the broader NSE Nifty fell 11.55 points or 0.07 per cent to 15,844.50.
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