Tue, Feb 20, 2024 12:31 PM
Daily Voice: Marcellus' Krishnan sees interest rate cut in 2HFY25 provided
A Flip by Avya Verma
Adani Ports and Special Economic Zone declared a dividend of Rs 6 per equity share on Thursday along with their Q4 results. The Adani Group company has declared June 14 as the record date for determining eligible shareholders and the payment will take place on or after June 30.“For FY24, the APSEZ Board has recommended a dividend of Rs 6 per share, in line with our capital allocation policy.
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Shares of metals and mining major Vedanta rallied 4% on Thursday to hit its fresh 52-week high of Rs 413.80 on BSE after the company’s chairman Anil Agarwal said the conglomerate plans to invest $20 billion in four years. At the moment, we have a plan to invest USD 20 billion across sectors in four years time, Agarwal said and the investments will be focused on technology, electronics.
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Market Update at 2:20 PM: In the current trading session benchmark indices trade on a positive note with the Sensex trading moderately higher by 0.22%, while Nifty also surged by 0.29%. Similarly, in the broader indices Nifty Midcap has surged by 0.53%, while Nifty Smallcap has gained by 0.18%. Nifty Metal, Nifty Energy and Nifty Auto are among the top gainers.
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