GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of KPI Green Energy climbed as much as 5% on Friday to hit their upper circuit limit at Rs 452.65 on the BSE, after the solar power generation company reported a 67% year-on-year increase in net profit for the December quarter. The consolidated net profit rose to Rs 84.50 crore in Q3 FY25, up from Rs 50.61 crore in the same period last year. The company's revenue from operations for the third quarter also saw a significant uptick, registering a 38.8% YoY growth to Rs 458.36 crore, compared to Rs 330 crore in the year-ago quarter. The company attributed this robust performance to sustainable growth in its renewable energy business. Also read | 3 out of 4 Nifty 50 firms saw EPS cuts in January 2025: JM Financial In addition to the strong financial results, KPI Green Energy declared a third interim dividend of 4%, equating to Rs 0.20 per equity share with a face value of Rs 5 each, for the financial year 2024-25. The record date f...

[hfe_template id='11223'] [ad_1] Shares of Cummins India surged as much as 5.4% on Thursday to Rs 3,075.95 on the BSE after the power solutions technology provider reported a 12% year-over-year (YoY) rise in its net profit for the third quarter ended December to Rs 558 crore and declared an interim dividend of Rs 18 per share. The company, a unit of US-based truck engine maker Cummins Inc., said its profit climbed from Rs 499 crore a year earlier, driven by steady demand for its power generators. Revenue for the third quarter rose 22% YoY to Rs 3,052 crore. The board of directors declared an interim dividend of Rs 18 per equity share, or 900% on the face value of Rs 2 each, for the financial year 2024-25. The record date has been set for February 14, with dividend payments expected by March 3. Also read | Time to buy the dip? Stock market indicates oversold level Cummins, best known for its truck engines, derives its entire revenue in India from sales of engines and powe...

[hfe_template id='11223'] [ad_1] Shares of Waaree Renewable Technologies on Wednesday zoomed 16% to an intraday high of Rs 1,297.95 on the BSE as the market participants bought the dip that came in the stock after Chief Financial Officer (CFO) Dilip Panjwani’s resignation earlier last week. The stock dipped as low as 20% to hit and close at its lower circuit on Monday, which now seems to have been bought by the investors seeing it as an opportunity to ‘buy the dip’. The stock’s total traded quantity (TTQ) was 6.93 lakh shares around 11:30 am on the BSE on Wednesday. This amounted to a total traded value of Rs 83.61 crore. Meanwhile, the company’s market capitalization stood at Rs 12,381.37 crore. Waaree Renewable on January 13 informed the exchanges that the board meeting is scheduled for January 16, wherein the company will announce its results for the third quarter ended December 2024. It was additionally announced that the company will also consider the declaration of...

[hfe_template id='11223'] [ad_1] Coal India, Hindustan Unilever (HUL) and REC Ltd among a host of other companies are likely to remain in focus this week as they are approaching their record dates for the purpose of dividends, bonus issues and stock splits. The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date. Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc. Here is a list of stocks that have their ex-dates for various purposes this week: Monday, November 4 Dividend Global Education declared an interim dividend of Rs 2.5 per share. Kajaria Ceramics declared an interim dividend of Rs 5 per share. Manba Finance ann...

[hfe_template id='11223'] [ad_1] The shares of Nippon Life India Asset Management have surged by 10% to day’s high of Rs 739.80 on BSE post the announcement of Q2 results and interim dividend. The profit after tax for Q2 FY25 was recorded at Rs 3.60 billion, up by 47% on a yearly basis and up by 44% for H1 FY25. The operating profit was recorded at Rs 3.65 billion, up by 57% on a yearly basis and up by 58% for H1FY25. The total income stood at Rs 6.92 billion. The board has also approved declaration of an interim dividend of Rs 8 per equity share of Rs 10 each of the company and has fixed the record date as November 6, 2024 for the purpose of ascertaining the entitlement of the shareholders to the interim dividend. Dividend will be paid on and from November 14, 2024. The company has offered a total dividend of Rs 16.50 per share in FY24. The cumulative dividend offered in the last 10 financial years was recorded at Rs 51 bn. The company has reported the highest ever quar...

[hfe_template id='11223'] [ad_1] Shares of Hindustan Unilever (HUL) are likely to remain in focus on Thursday following a 4% fall in its standalone net profit for the quarter ended September 2024 to Rs 2,612 crore versus Rs 2,717 crore posted in the year-ago period. On Wednesday the FMCG major reported revenue from operations at Rs 15,319 crore, which was up 2% over Rs 15,027 crore reported in the corresponding quarter of the previous financial year. The company has declared a total interim dividend of Rs 29 per equity share. The record date has been fixed as November 6, and the dividend will be paid to shareholders on November 21. The PAT and revenue figures were below ET NOW poll estimates of Rs 2,657 crore and Rs 15,792 crore, respectively. Also Read: Catch All Sensex Today Live Updates Here The company declared that its board of directors has decided to separate the ice cream business. The board’s decision to separate the business is in line with the recommendations ...

[hfe_template id='11223'] [ad_1] Bajaj Holdings and Investment among 2 other companies are likely to remain in focus today as these had fixed September 25 as the record date for determining the eligible shareholders. The board of Bajaj Holdings declared an interim dividend of Rs 65 per share earlier this month and fixed September 25 as the record date for the purpose. “An Interim Dividend of Rs. 65 (650%) per equity share of face value of Rs. 10, for the financial year ending 31 March 2025 has been declared by the Board at its meeting held today i.e. 12 September 2024. Further, pursuant to Regulation 42 of the SEBI Listing Regulations, the record date for the purpose of determining the members eligible to receive the Interim Dividend has been fixed as Wednesday, 25 September 2024,” the company said in its exchange filing. The company further informed that the said dividend will be credited/dispatched on or around October 10, to the eligible shareholders. In the past 12 m...