Stocks in news: Jupiter Wagons, Nestle, RailTel, Bandhan Bank, Godrej Consumer, PG Electropast
Jupiter Wagons’ QIP floor price is Rs 689.47. Nestle declared an interim dividend. Govind Singh remains Utkarsh SFB CEO. Godrej Consumer grew in Q1. Bandhan Bank launched trade products. JSW Steel targets net zero by 2050. Maruti delivered 2 million cars by rail. RailTel suggested FY24 dividend. Preeti Engineering started QIB. Mphasis goes ex-dividend. PG Electroplast stock split.
Domestic markets traded within a narrow range on Monday and closed nearly unchanged, resulting in a muted session. In today’s trade, shares of , , , , among others will be in focus due to various news developments and first quarter updates.Jupiter Wagons
Jupiter Wagons has set the floor price of its qualified institutional placement (QIP) at Rs 689.47 per equity share.
Nestle India
FMCG major Nestle India declared an interim dividend of Rs 2.75 per share for FY25. Further, its shareholders have approved for continuation of 4.5% royalty payment to its Swiss parent.
Utkarsh SFB
The Reserve Bank of India has approved the re-appointment of Govind Singh as MD and CEO of the lender for three years with effect from September 21.
Godrej Consumer
Godrej Consumer saw a double-digit growth in volumes in the first quarter, while the growth was high single-digits in value terms.
Bandhan Bank
Bandhan Bank on Monday announced that it has launched an array of trade products to facilitate global business transactions.
JSW Steel plans to invest $1 billion across its operations to cut carbon emissions, aiming to become net neutral on emissions by 2050.
Maruti Suzuki (MSIL) sped past a green milestone, surpassing 2 million car deliveries through Indian railways.
RailTel
RailTel Corp’s board recommended a final dividend at Rs 1.85 per equity share for the financial year 2023-24.
Preeti Engineering
Preeti Engineering has launched a qualified institutional placement (QIB) to raise funds, according to reports.
Shares of IT services and consulting firm Mphasis will remain in focus today as the stock will go ex-dividend.
Shares of PG Electroplast will be in focus today as the company had announced July 10 as the record date for its 10:1 stock split.
Nestle India
FMCG major Nestle India declared an interim dividend of Rs 2.75 per share for FY25. Further, its shareholders have approved for continuation of 4.5% royalty payment to its Swiss parent.
Utkarsh SFB
The Reserve Bank of India has approved the re-appointment of Govind Singh as MD and CEO of the lender for three years with effect from September 21.
Godrej Consumer
Godrej Consumer saw a double-digit growth in volumes in the first quarter, while the growth was high single-digits in value terms.
Bandhan Bank
Bandhan Bank on Monday announced that it has launched an array of trade products to facilitate global business transactions.
JSW Steel plans to invest $1 billion across its operations to cut carbon emissions, aiming to become net neutral on emissions by 2050.
Maruti Suzuki (MSIL) sped past a green milestone, surpassing 2 million car deliveries through Indian railways.
RailTel
RailTel Corp’s board recommended a final dividend at Rs 1.85 per equity share for the financial year 2023-24.
Preeti Engineering
Preeti Engineering has launched a qualified institutional placement (QIB) to raise funds, according to reports.
Shares of IT services and consulting firm Mphasis will remain in focus today as the stock will go ex-dividend.
Shares of PG Electroplast will be in focus today as the company had announced July 10 as the record date for its 10:1 stock split.
Source: Stocks-Markets-Economic Times
