Shares of Kitex Garments Limited rose sharply, hitting a 5% upper circuit on Tuesday, November 19, reaching ₹635.30. This increase is linked to the company’s announcement regarding bonus shares. Kitex Garments plans to issue bonus shares after a gap of seven years. The last time the company issued bonus shares was in 2017, offering a … Read more
Market exchanges have recently made a significant move regarding brokerage earnings. According to new rules, brokerages will no longer be able to offer free trading services. This change comes as the brokerage industry faces increasing challenges. The Zee Business research team shared that exchanges have started imposing True to Label charges, which are causing financial … Read more
This is a simple business idea that many people overlook, even though it has great potential. A product that was once local for centuries became branded over the last few years, but now people are returning to local options. Many companies have lost the trust of consumers, creating a great opportunity for anyone willing to … Read more
Despite the negative trend in the domestic stock markets, Neelam Linens and Garments had a successful listing. The company’s shares began trading on the NSE SME platform at Rs 40.05, which is a 60% premium over its IPO price. The price band for the IPO was set between Rs 20 and Rs 24 per share. … Read more
Lamosaic India is set to launch its IPO on November 21, 2024, and it will remain open for subscription until November 26, 2024. The IPO will consist entirely of fresh shares, with the company planning to issue 30.60 lakh shares, raising a total of ₹61.20 crore. The price band for the IPO has been fixed … Read more
UTI Mutual Fund offers an excellent opportunity for investors to invest in a well-diversified portfolio. These funds use a passive strategy, which means they track specific market indices. They are cost-effective compared to actively managed funds, providing a more affordable way to invest while benefiting from UTI’s experience in managing index funds. UTI Nifty Alpha … Read more
Procter & Gamble Health Ltd will soon offer a dividend of Rs 60 per share to eligible investors. The company will trade as an ex-dividend stock this month. On Thursday, the company’s shares were priced at Rs 5143.95, after dropping 1.41% during market closing at the BSE. Record Date for Dividend The company has set … Read more
In India, every new generation has been in a better position financially than the one before, thanks to parents’ focus on saving for their children’s future. Parents often consider savings for their children’s needs as a key reason to invest. With rising expectations and costs, it becomes more important to plan ahead. Mutual fund child … Read more
Good news for investors! Garware Technical Fibres Ltd has decided to offer bonus shares to its shareholders. The company announced on Thursday that it will give 4 bonus shares for every 1 share owned. This is the company’s first-ever bonus share issue. Details of the Bonus Share Issue For every share you own, Garware Technical … Read more
If you’re looking to invest in the stock market, next week could be a great opportunity. NTPC Green Energy, a subsidiary of the government-owned NTPC, is launching its Initial Public Offering (IPO) on Tuesday, November 19. Investors will have the chance to bid on shares until November 22, 2024. Through this IPO, the company aims … Read more
Shares of Bajaj Steel Industries, a small-cap stock, saw a significant rise of 15% during trading on Tuesday. The stock reached a 52-week high of Rs 982. This increase comes on the ex-bonus date for the company’s shares. Recently, Bajaj Steel announced a bonus share issue in the ratio of 3:1, with the record date … Read more