 |
|
|
|||||
Finance Minister Nirmala Sitharaman explained that the new 12.5% long-term capital gains tax would cost less without indexation. She highlighted middle-class benefits, including increased standard deductions and subsidies on student loans and housing. She denied political favoritism in budget allocations and affirmed the governments commitment to anti-corruption measures. Sitharaman urged people to consult the CBDTs clarifications.
Category:
News and Media
Larsen and Toubro (L&T)s shares rose by 2% after it reported a consolidated net profit of Rs 2,786 crore for Q1 FY25. Revenue from operations saw a 15% YoY increase, driven by robust execution in projects and manufacturing. Orders grew by 8%, with strong momentum in the Middle East, per analysts insights.
Category:
News and Media
Nuvama upgraded United Spirits to buy, raising target price to Rs 1,630 from Rs 1,195, citing strong cost controls and healthy margins. Reasons include margin outperformance, growth potential in premium categories, upcoming festive season, H2 demand recovery, Karnataka tax benefits, Andhra policy changes, and potential India-UK FTA.
Category:
News and Media
Axis Bank Share Price: Axis Bank's shares declined by 5.8% in early trading on Thursday, dropping to a day's low of Rs 1,168.25 following its announcement of a lower-than-expected net profit of Rs 6,035 crore for the quarter ended June 30, 2024. The profit showed a 4% increase compared to Rs 5,797 crore reported in the year-ago period.
Category:
News and Media
Following the implementation of the T+1 framework, dividends are distributed to shareholders listed in the company's database on the record date. Normally, the record date and ex-date align unless a market holiday follows the ex-date. Under this framework, shareholders who purchase the stock at least one day before the ex-date qualify for dividends, with settlement occurring the next day.
Category:
News and Media
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] next »