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Dalmia Bharat, incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 35622.11 Crore) operating in Cement sector.

2 Nifty stocks to trade ex-dividend this week

Updated at : 2023-02-07 11:20:04

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Coal India has announced an interim dividend of Rs 5.25 for the current fiscal, along with its third quarter financial results, and will go ex-date on February 8. The dividend will be paid out to eligible shareholders before March 2.

"The auto sector, after a long while, is seeing a sort of a structural demand – be it two-wheelers, be it four-wheelers, be it tractors or even CVs. Most of the segments have seen good growth. Typically, month over month sales or year over year sales of the festive season demand, for a lot of these businesses have been good. "

GAIL share price up 0.32 per cent

Updated at : 2023-02-07 11:20:04

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A total of 252,649 shares changed hands on the counter till 10:41AM (IST).

“We have one group of average 5% in 10 names and then there is a group of 20-25 names of 2-2.5%; so a total of 35 names. Any new name is not going to change my life but as a group they have changed my life over time. Therefore even if we look at one of these new stocks, we will have to find 2.5% somewhere to sell. ”

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 17800 levels on Monday.

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KPIT Technologies key Products/Revenue Segments include Software Services and Sale of Products for the year ending 31-Mar-2022.

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Six of the group’s 10 stocks slid Monday, increasing losses since US short-seller Hindenburg Research made fraud allegations against the conglomerate on Jan. 24 to about $117 billion. Billionaire Gautam Adani and his family have prepaid $1.11 billion of borrowings backed by shares to ease investor concerns, the group said in a statement Monday.

“In terms of credit rating, we continue to be investment grade and fortunately, the rating from Moody as well as Fitch reaffirmed that part. While S&P maintained the same rating for ATL as well as for Adani Electricity Mumbai, for sustainability linked bonds because of the volatility that currently one is seeing in the market, they have given the outlook as negative but that is a matter of just about a quarter or so.”

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From the Sensex pack, IndusInd Bank, Bajaj Finserv, Bharti Airtel and UltraTech Cement were the top gainers, rising about 0.5-1%. Kotak Bank, M&M, NTPC and Axis Bank also opened with gains.

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