Attention all investors! Hindustan Zinc’s latest announcement has sent shockwaves through the dividend stock market.
Did you know that Vedanta holds a whopping 64.92% stake in Hindustan Zinc, most of which is pledged? This means that Vedanta is set to receive a total payout of ₹1,645 crore based on this stake. It’s clear that Vedanta’s investment in Hindustan Zinc has paid off handsomely, and this is a testament to the […]
Read MoreEngaging in Vedanta, a profitable breeze With a 4% gain
Limited (VEDL) is a subsidiary of the Vedanta group. The demerger of entities within the Vedanta group aims to address the debt issue by separating the debt burdens of the different entities. According to Deven Choksey, the promoter of KRChoksey Group, the demerger will help in dismantling the debt problem the group level. This that […]
Read MoreAttention all stock-traders! Look out for these stocks in the news today: and more. Get ready to make your moves – it’s go time!
Domestic equity market’s performance on Friday. The market witnessed a significant decline due to profit booking, particularly in response to the muted first-quarter earnings reported by two major companies, Infosys and Hindustan Unilever Limited (HUL). Here are the key points from the market’s performance: ICICI Bank ICICI Bank’s first quarter profit climbed 40% YoY to […]
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