Gujarat Themis Biosyn is set to hold a board meeting on May 14 to consider issuing bonus shares. The company has been consistently offering bonuses since 2020 and including a dividend of ₹4 per share, the highest in any quarter. Despite a dip of 0.5% in its stock value on Friday, May 3, closing at ₹404.90, the company has witnessed growth in recent years.
Open FlipAdani Green Energy Q4 Results: Adani Green Energy announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Friday, May 3, reporting a drop of 70 per cent in net profit at ₹150 crore, compared to ₹508 crore in the corresponding period last year. The Adani Group's renewable energy arm's revenue from operations in the fourth quarter of FY24 dropped 2% to ₹2,527 crore.
Open FlipShares of Avis Budget Group soared Thursday after the car rental company posted better-than-expected results in its first-quarter earnings report, even though the business is still facing challenges. The stock finished up 20.1%. Revenue in the quarter was flat at $2.6 billion, which topped estimates at $2.41 billion. The company said rental days were up 5% from the first quarter of 2023.
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