GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose up to 4% to a day’s high of Rs 5,566 on BSE on Monday, as Brent crude oil prices fell below the $60 per barrel mark following OPEC+’s announcement to increase output. Asian Paints shares also gained around 2%, as declining crude prices significantly reduce raw material costs for paint companies. A fall in crude oil prices is beneficial for both airlines and paint manufacturers. For paint makers, lower crude prices lead to reduced input costs and higher margins, thereby boosting profitability. Similarly, for airlines, cheaper fuel improves margins and lifts bottom-line performance. Among other paint stocks, Berger Paints and Akzo Nobel were also trading nearly 2% higher. MRF shares jumped over 2%, as the tyre manufacturer uses crude-derived carbon black as a major raw material. Live Events Meanwhile, fuel retailers like HPCL, IGL, IOC, and BPCL saw gains of 4–6% each.Crude...

[hfe_template id='11223'] [ad_1] In a market where high-priced stocks like Elcid Investments, trading at Rs 2.10 lakh per share, already seem out of reach for many investors, PropShare Platina REIT has shattered records with its unit price closing at Rs 10.49 lakh on its debut day. This makes the newly-listed SM REIT not only the priciest security on Dalal Street but also a symbol of the growing allure of real estate investment trusts as a niche yet lucrative asset class. Elcid Investments grabbed headlines in October with a historic single-day leap from Rs 3.53 to Rs 2.36 lakh per share, driven by a special auction session to uncover fair value, its trading volumes and liquidity remain limited. Despite its status as one of India’s most expensive stocks, Elcid now trails PropShare Platina in absolute price terms. In contrast, PropShare Platina’s offering is rooted in income-generating real estate, providing a stable and transparent value proposition for investors. PropSh...

[hfe_template id='11223'] [ad_1] As many as 115 companies have fixed their record dates this week to determine the eligible shareholders for the payout of their dividends. Out of the lot, two are Nifty companies, i.e., HCL Tech and Shriram Finance, along with other names like PFC, MRF, and RBL Bank. Dividends are paid to shareholders whose names appear in the company's database on the record date. After the implementation of the T+1 framework, the record date and ex-date are the same in most cases unless there is a market holiday after the ex-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. Here is a list of stocks that are trading on an ex-dividend basis this week: Monday, July 22: Exide Industries, Happy Forgings, Bemco Hydraulics, Carborundum Universal, Divgi Torqtransfer Systems, Chembond Chemicals, DHP India...

[hfe_template id='11223'] [ad_1] MRF, PFC and United Breweries are among a host of other companies that are likely to remain in focus this week as they are approaching their record dates for the purpose of dividend declaration, bonus issues and stock split.The record date is set by the company to select 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 of shareholders on the record date. Here is a list of stocks nearing their record date for various corporate actions in the coming week: July 22: Record date for dividend Exide Industries ' board declared a dividend of Rs 2 per share. Happy Forgings to offer a dividend of Rs 4 per share to its eligible shareholders. Carborundum Universal had declared a dividend of Rs 2.5 per share. Divgi Torqtransfer Systems announced a dividend of Rs 2.6 per share. Indian Metals & Ferro Alloys will pay out a final divid...