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Source: Live Mint ITC Demerger: Indian conglomerate ITC shares finally traded ex-demerger on Monday, January 6, reflecting the separation of the hotel business. The company had set January 1, 2025, as the effective date for the demerger of its hotel business, marking a significant strategic move to unlock shareholders, with the record date set today,…
Source: Live Mint Avenue Supermarts, owner of DMart, experienced a stock decline on January 6 after exchanges requested clarification on volume movements. Read Full Article
Source: Live Mint 2025 Market Outlook: CLSA anticipates a challenging year for the Nifty in 2025, driven by an uncertain and risky global macro environment coupled with a near-term economic slowdown in India. The research firm forecasts muted returns for the index due to elevated valuations and underperformance of actual capex spending versus expectations. CLSA…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday following positive cues from global markets. Asian markets traded higher, while the US stock market rallied last week, led by technology stocks. This week, investors will focus on Q3 results, US Federal…
Source: Live Mint The year 2025 will have to face multiple challenges, including elevated valuations, reduced liquidity, and slower earnings growth. However, the stock market remains a viable investment opportunity, underpinned by the robust performance of the economy. Both the world & domestic economies are expected to do well in 2025 with no signs of…
Source: Live Mint Shares of PTC Industries, a leading Indian manufacturer of precision metal components for critical applications, closed 9% up at a 4-month high of ₹14,466 apiece on Friday, January 3. This rally followed the company’s announcement that its wholly-owned subsidiary, Aerolloy Technologies, has become the first and only Indian private company to commission…
Source: Live Mint Dividend, bonus, stock split: VTM Limited is scheduled to trade ex-dividend while Algoquant Fintech Ltd and Padam Cotton Yarns Ltd are to trade ex-bonus next week, starting on Monday, January 6, according to BSE data. Some of the major companies have announced various corporate actions, including stock splits, bonus issues and extraordinary…
Source: Live Mint Standard Glass Lining Technology Limited’s initial public offering (IPO) is set to open for public bidding on Monday, January 6, and will close on Wednesday, January 8. The company manufactures engineering equipment for the pharmaceutical and chemical sectors in India. Also Read | Standard Glass Lining garners ₹123 crore from anchor investors…
Source: Live Mint Vedanta share: The mining major Vedanta Limited released its October to December (third quarter) production data on Friday, January 3. Vedanta Ltd shares closed 1.8 per cent higher at ₹457.90 in Friday’s trade, compared to ₹449.80 at the previous close. The company filed its production data with BSE after market hours on…
Source: Live Mint IDFC First Bank share: Following strong buzz in the banking space, IDFC First Bank share price witnessed strong buying on Friday ahead of the Q3FY25 business update release. IDFC First Bank shares opened downside but soon attracted buying interest among the market bulls and touched an intraday high of ₹65.84 apiece on…
