The gold jewelry manufacturing company, Sky Gold, has made headlines by announcing its decision to issue bonus shares at an impressive ratio of 9:1. This means that for every share held, eligible shareholders will receive nine additional shares at no extra cost. This strategic move has implications for both the company and its investors, affecting ...
In the dynamic world of stock markets, companies often make strategic moves to enhance shareholder value. One such company, Grovy India, has recently gained attention with its announcement regarding bonus shares. Understanding the implications of this move is crucial for investors, especially considering the company’s recent performance and the significant stake held by its promoters. ...
The share price of NMDC (National Mineral Development Corporation) has experienced significant fluctuations recently. After a remarkable surge of over 15% in just eight consecutive days, today’s trading saw a downward trend primarily due to profit booking. However, an unexpected revelation led to a resurgence in buying interest, hinting at a potential recovery for the ...
Foreign Portfolio Investment (FPI) has shown significant trends throughout this year, particularly in September. Except for the months of January, April, and May, FPIs have mostly been net buyers, indicating a positive market sentiment. The anticipation of further investments from FPIs is fueled by several factors, chief among them being the recent monetary policy adjustments ...