Indian Stock Market Today: Nifty Ends Below 25,800, Sensex Falls Nearly 500 Points From Day’s High
Latest updates from the Indian stock markets including Nifty levels, Q1 results, and major corporate actions affecting investor sentiment.
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Orkla India IPO: Prioritizing Dividend Over Growth Capital
Orkla India Ltd., the parent company of MTR Foods, has distributed a hefty Rs 600-crore dividend for fiscal 2025, exceeding the company’s annual profits for any previous year, ahead of its upcoming initial public offering (IPO).
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Coforge Q2 Results: Profit Surges 18% with Interim Dividend Declaration
Coforge announces an 18% rise in Q2 profit, declares interim dividend of Rs 4 per share, and reports strong revenue growth, driven by IT services demand.
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Defence Stocks in India: Antique Bullish on BEL, HAL, and Others
Brokerage firm Antique has reiterated its positive stance on Indian defence stocks following the Defence Acquisition Council’s approval of capital procurement proposals worth Rs 79,000 crore.
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Utkarsh Small Finance Bank Shares Soar 18% After Share Allotment to Madhusudan Kela’s Fund House
Utkarsh Small Finance Bank’s shares rose 18% after the lender announced the allotment of over 5.71 crore shares to Madhusudan Kela’s fund house as part of its rights issue.
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Bharat Rasayan Announces 1:1 Bonus Share Issue and Stock Split: What Investors Need to Know
Bharat Rasayan Ltd.’s board of directors has approved a 1:1 bonus share issue and a stock split. Find out what this means for investors and how to be eligible for the bonus allotment.
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Dr Reddy’s Q2 Results: Profit Rises 7% On Sharp Climb In Europe Business
Dr Reddy’s Laboratories Ltd.’s profit in the second quarter of this financial year rose 7.3% to Rs 1,347 crore, driven by momentum in branded markets and steady contributions from the Nicotine Replacement Therapy portfolio.
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Radhakishan Damani Invests Rs 90 Crore in Lenskart Ahead of IPO
Billionaire investor Radhakishan Damani invests Rs 90 crore in Lenskart Solutions ahead of its maiden public offering, expected to open for public subscription soon.
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Shipping Corp Privatisation Put on Hold: What It Means for Indian Investors
The government’s plan to privatise Shipping Corporation of India may be put on hold amid global geopolitical shifts, prioritising fleet expansion and capital infusion to strengthen the national carrier.
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Reliance Industries Confident Of Diversified Crude Strategy Amid Sanctions On Russian Oil
Reliance Industries Ltd. expresses confidence in its crude sourcing strategy despite US sanctions on Russian oil producers Rosneft and Lukoil, aiming to ensure stability in refinery operations.