Latest Stock Market News

​Basically there are different models for central government as from their salary 10% is deducted and 14% government contributes in that so that is one model.

Logistics company Delhivery, which reported Q4 earnings in line with estimates, received positive ratings from top brokerages. Morgan Stanley is “Overweight,” Kotak Institutional Equities is “Buy,” while BofA is “Neutral” on the stock. January-March revenue fell 10% to Rs1,859 crore YoY, while net loss widened to Rs158 crore from Rs119 crore. Adjusted EBITDA turned positive at Rs6 crore compared to Q3FY23’s loss of Rs67 crore. While the companies’ senior levels saw some departures, Morgan Stanley sees continued momentum, Kotak highlights e-commerce logistics share and PTL contracts, and BofA expects margin improvement to continue.

​The ex-dividend date for stocks is usually set one business day before the record date.

ET Markets analyzed smallcap stocks that have achieved a minimum of 20% growth in both sales and profits over the past four quarters of FY23 compared to the corresponding quarters of the previous years. Out of all the smallcap stocks, a total of 28 stocks have met this criterion.

VA Tech Wabag aims to become a debt-free company in the next two to three years by focusing on reducing its debt levels further. While bidding on large municipal contracts, the company wants to concentrate more on EP contracts than EPC contracts and participate in projects, where the funding is backed by multilateral or sovereign governments. It is also increasing its focus on industrial orders and has a good pipeline of orders for high-tech projects like recycling, reuse, and treatment of polluted wastewater.

IRB Infrastructure Developers, incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 16667.64 Crore) operating in Infrastructure sector.

Paytm Money has launched an advanced bond platform for retail investors, simplifying debt investing for individuals, enabling them to invest in government, corporate and tax-free bonds. Paytm Money presents all information related to yield, coupon frequency, clean price and coupon record dates on one dashboard on its app. The company believes bonds are the best way for first-time investors to enter the capital markets and the best way to achieve a diversified wealth portfolio, adding that the potential of debt markets in India can have 100 million investors. Currently, the bonds on Paytm Money are being launched with an early access waitlist program.

​So the deal is supposed to happen because it is part of the global merger or the demerger process. But what is not in the interest of the minority holders is the value at which the business is getting knocked out.

The stock quoted a 52-week high price of Rs 197.2 and a 52-week low of Rs 89.9.

​As you know, ESG as an area is very broad, environment, sustainability and governance, and covers a lot of different areas. Now, the biggest challenge that companies seem to face in this study that we conducted was that it is something that very few feel prepared to have a handle on in its entirety. However, it is also something that a vast majority of companies feel that is a boardroom level discussion.