Dividend Stocks: Shares of several major companies, including Vedanta Ltd, Gujarat Gas, Harsha Engineering, Lumax Industries, MSTC, and General Insurance Corporation of India, among others, will trade ex-dividend from Monday, September 9, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced other corporate actions … Read more
Mining conglomerate Vedanta Limited raised ₹8,500 crore (over USD 1 billion) through Qualified Institutions Placement (QIP) of 19.31 crore equity shares at an issue price of ₹440 per share, according to a stock exchange filing by the company. The issue, which closed on July 19, implied a discount of 4.61 per cent to the floor … Read more
Vedanta Ltd is betting on structural cost reductions to drive the next phase of its earnings growth. The company is heavily investing in backward integration, operational efficiencies, and captive power usage, including renewables. These measures are expected to lower production costs and minimize exposure to input price fluctuations. Vedanta, a diversified metals and mining company, … Read more
Mahindra & Mahindra: The Indian automaker has signed a Memorandum Of Understanding with Adani Total Energies E-Mobility to establish an electric vehicle charging network throughout India. This collaboration will also enable the automaker to introduce e-mobility solutions, ensuring consumer access to the charging infrastructure. Veejay Nakra, President of the Automotive Division at M&M Ltd, said … Read more