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The dividend will amount to Rs 7,621 crore. The board has approved the fifth interim dividend of Rs 20.50 per equity share i.e., 2050% on the face value of Re 1 per share for the financial year 2022‐23, amounting to Rs 7,621 crore," the company said in a filing.

The company will reportedly announce the details of the successor in due course

On the technical charts, the RSI of the stock stood at 24.94.

Akhil Gupta, Vice Chairman of Bharti Enterprises has said that the low return on capital investment is the biggest inhibitor for the growth of the telecom sector in India, pointing out that that is why financially healthy companies such as Bharti Airtel exist. He also emphasised on the fundamental importance of strong balance sheets, and that the digital age brings an opportunity to invest in providing networks to newer collaborative partners while trying to increase revenue per user.

According to the latest corporate shareholdings filed, GPFG publicly holds 79 stocks with a net worth of over Rs 66,095.8 crore

As Q4 results are due in a few days, it is good to know which stocks (Nifty-500) outperformed so far after witnessing YoY and QoQ net profit growth in Q3FY23.​

"The record date of April 21 fixed for the purpose of final dividend for the year 2022 shall also determine the entitlement of the members to an interim dividend for the year 2023 that may be declared by the Board of Directors on 12 April 2023," the company said.

“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.

As the impact of removal of tax benefits on gold bonds and gold ETFs has to still play itself out, it could depend upon various factors such as investor sentiment, market conditions, and the demand for gold as an investment asset, he further said.

As per Trendlyne data, the average target price of the stock is Rs 402, an upside potential of 43% from the current market prices. The consensus recommendation from 12 analysts for PNC Infratech is Buy. Out of these analysts, 11 have strong buy ratings, while one has a buy call.