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Additionally the company has also announced that each American Depositary Share (ADS) will still represent 1 equity share. As a result, the number of ADSs held by each American Depositary Receipt holder will increase in proportion to the increase in equity shares.

ICICI Bank Q1 Results: The net interest margin was 4.36% in Q1 compared to 4.40% in Q4 of FY24 and 4.78% in Q1 of FY24. NII was in line with ET Now poll estimates while PAT was above expectations.

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Coal India Dividend: The company further mentioned that the payment of the dividend to the eligible equity shareholders will also be done on August 16, i.e, the record date.

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The total income of the company also rose by 13.5% to Rs 45,053.04 crore while its total expenses were recorded at Rs 38,276.03 crore in Q1FY25. The total expenses increased by Rs 4,748 crore on a YoY basis.

Analyst Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research, SBI Securities interacted with ET Markets regarding the outlook on Nifty and Bank Nifty along with an index strategy for the upcoming week.

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Additionally, the company has also informed that the record date for the purpose of determining the eligible shareholders for the dividend payout has been fixed as August 9.

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In its Q4FY24 results, Phoenix Mills had reported a profit after tax (PAT) of Rs 325 crore, which was an increase of 66% on a year-on-year basis against a PAT of Rs 195 crore reported in the corresponding quarter of the previous year.

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​ETMarkets identified five stocks from the BSE500 that exhibited consistent price gains during this period.

The IPO consists of a fresh issue of shares worth Rs 617.69 crore and an offer for sale (OFS) of up to 1.42 crore shares with a face value of Rs 5 per share.

Government has slashed customs duties on gold and silver by 6 percent. The basic customs duty has been reduced to 5 percent from 10 percent, and the Agriculture Infrastructure and Development Cess lowered to 1 percent from 5 percent. This decision will effectively bring down the overall taxes on gold and silver in the country to 9 percent from an earlier 18.5 percent inclusive of GST.

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