The company posted the highest yield in the list at approximately 12 per cent. Vedanta, known for its aggressive dividend policy supported by cash flows from its metals and resources business, is held by around 76 mutual funds and carries a four-star rating from Value Research. Source link
Nifty Prediction for Monday, July 6: Technical analysts, however, expect the key index to witness some consolidation before resuming its upward trajectory on Monday, July 6. Benchmark equity indices ended higher for the third consecutive day on Friday, with the Nifty 50 extending its weekly gains as supportive global cues, easing crude oil prices, optimism…
Utkarsh Small Finance Bank Ltd reported steady growth in its loan and deposit book for the quarter ended June 30 on Sunday, July 5, while disbursements registered a sharp year-on-year increase, according to the bank’s Q1 business update. Gross loan advances rose 2% year-on-year and 1.4% sequentially to ₹19,612 crore. Total deposits stood at ₹22,053…
The definition of a blue-chip company has evolved alongside India‘s economic growth. While multinational corporations were once considered the primary blue-chip names, several home-grown companies have since established themselves as industry leaders. Source link
Sensex Prediction for tomorrow, July 6: Analysts expect buy-on-dips to remain the preferred strategy, with the 77,000-77,700 support zone emerging as the key area to watch. Sensex Prediction for Monday, July 6 by experts: Benchmark equity indices extended their winning momentum for the third consecutive session on Friday, with the BSE Sensex closing higher amid…
Shareholders of nearly 50 companies, including prominent names like Titan Company, JSW Steel, Sun Pharma, Axis Bank, and Nestle India, need to mark their calendars as these stocks turn ex-date for dividends, bonus issues, or stock splits between July 6 and July 10, 2026. To avail the benefits of the respective corporate actions, investors must…
The Nifty traded with a positive bias on Friday, opening with a gap-up before moving in a narrow range for most of the session as the 24,370-24,380 zone capped gains. Profit booking was seen in the second half, pulling the index below the day’s low and partially filling the opening gap. Despite the late weakness,…
ICICI Bank Ltd. has signed a Letter of Undertaking with Prudential Corporation Holdings Ltd. to govern certain rights relating to their joint venture, ICICI Prudential Life Insurance Company Ltd., as Prudential moves ahead with its proposed acquisition of a controlling stake in Bharti Life Insurance Company Ltd., according to an exchange filing. The undertaking, executed…
Nvidia Corp.’s server assembly partner Hon Hai Precision Industry Co. reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further. Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season, the company said in…
The industry crossed the $7 billion limit in January 2022. Since then, each fund house has been allowed to invest overseas only up to the headroom it had as of February 1, 2022, as per value research. That limit remains frozen. A fund can reopen for fresh investments only when existing investors redeem their holdings…
