Indraprastha Gas declares a 150% dividend
Wed, Jan 25, 2023 5:41 PM

Indraprastha Gas declares a 150% dividend

A Flip by Gaurav
Get it on Google Play
Indraprastha Gas Limited is a large-cap business with a market cap of ₹29,046.53 Cr that operates in the energy sector. Today, the company announced its Q3FY23 results, as well as a 150% dividend for the fiscal year 2022-23. The company reported net sales of ₹4,089.03 Cr in the quarter ending December 2022, up from ₹2,438.48 Cr in the previous quarter, marking a 67.68% YoY increase.

More great flips

DoorDash CEO & other co-founders to offload millions of stock

DoorDash CEO & other co-founders to offload millions of stock

DoorDash Inc.'s Chief Executive Tony Xu, Chief Technology Officer Andy Fang and Chief Product Officer Stanley Tang have decided to offload millions of shares in the company from February 2023. The three co-founders have unexercised stock options that expire on June 25, 2024, so they will sell up to 6.6 million shares among themselves. Following this, DoorDash shares plunged yesterday.

Open Flip
FirstMeridian Business Services submits fresh DRHP papers to launch IPO

FirstMeridian Business Services submits fresh DRHP papers to launch IPO

FirstMeridian Business Services Limited has refiled its Draft Red Herring Prospectus (DRHP) with Sebi after it decreased its initial public offering (IPO) size to ₹740 crore from ₹800 crore planned earlier. Currently, the staffing company's maiden issue consists of fresh issuance of equity shares worth ₹500 crore and an Offer For Sale (OFS) of ₹690 crore.

Open Flip
📢These factors will decide D-St action on Tuesday

📢These factors will decide D-St action on Tuesday

✅European shares fell on Monday amid a rout across the board. The pan-European STOXX 600 was down 0.6% at 0818 GMT. ✅A positive candle is developed on the daily chart with an upper and long lower shadow. ✅ The Moving Average Convergence Divergence (MACD) indicator revealed that bullish trade on the counters of NTPC, Bajaj Finserv, Laurus Labs, and Bajaj Finance, among others to continue.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon