The FinTech Hub
Source: Live Mint Diversified entity ITC Ltd on Thursday reported a 7.27 per cent decline in consolidated net profit to ₹5,013.16 crore for the December quarter on account of subdued demand and sharp escalation in input costs. The company had posted a consolidated net profit of ₹5,406.52 crore in the year-ago period, according to a…
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 ITC Hotels Demerger Live Updates: ITC Hotels demerger record date is today and ITC shares will turn ex-date for the demerger today. The stock exchanges, BSE and NSE are holding a special trading session to discover the fair price of ITC Hotels stock. ITC shareholders whose names will appear in the company’s…
Source: Live Mint ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement to demerge its hotel business, set to take effect on January 1, 2025. The decision, made public on December 17, 2024, has stirred the market, especially after receiving strong shareholder support earlier this year. As ITC prepares for this major…
Source: Live Mint Share prices of cigarette makers ITC, Godfrey Phillips and VST Industries along with Varun Beverages declined on Tuesday after reports suggested that the tax slab on ‘sin goods’ is likely to be hiked. Varun Beverages share price plunged as much as 5.18%, ITC stock price declined 3%, Godfrey Phillips India shares declined…
Source: Live Mint Buy or sell stocks: Discounting the geopolitical risk after an escalation in the Russia-Ukraine war, the Indian stock market witnessed a significant broad-based rally from the oversold territory on Friday. The Nifty 50 index registered the best single-day gain in the last five months and finished 525 points higher at 23,875. The…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Live Mint Muhurat Trading 2024: In the wake of the Diwali 2024 festival, trading activities at the Bombay Stock Exchange (BSE) and National Exchange (NSE) will remain closed today. Therefore, there will be no action in the Equity Segment, Equity Derivative Segment, and SLB Segment today. However, the one-hour Muhurat Trading 2024 Session will…
Source: Live Mint Buy or sell stocks: Following the diverged global market amid the Q2 results of the 2024 season, the Indian stock market ended lower for the fourth straight session on Friday last week. The Nifty 50 index went off 218 points and closed at the 24,180 mark; the BSE Sensex shed 662 points…
Source: Business Standard FMCG stocks may ride through this near-term investor anxiety 4 min read Last Updated : Oct 10 2024 | 7:01 PM IST RBI on inflation: The Reserve Bank of India (RBI)’s caution on inflation, highlighted during the October monetary policy meeting, may put investors’ faith in fast moving consumer goods (FMCG) stocks…
