IT major Infosys Limited has allotted more than 6.57 lakh equity shares to eligible employees. The allotment, confirmed through a resolution on May 1, 2024, and approved the following day, was facilitated under two stock incentive plans, the company said in an exchange filing on May 3.The allotment of shares under these schemes is to expand employees' ownership in the company.
Open FlipAnand Rathi's research report on Orient Cement. Anaemic demand in Mar’24 and keener competition hurt Orient’s Q4 volume growth, while realisations rose y/y on the higher share of premium cement. Though the demand-price situation is likely to be under pressure in the mid-term, fuel cost is guided to be stable. The EC process for the Chittapur IU expansion is likely to complete by Jun’24.
Open FlipReported Consolidated quarterly numbers for Shoppers Stop are: Net Sales at Rs 1,046.34 crore in March 2024 up 13.25% from Rs. 923.90 crore in March 2023. Quarterly Net Profit at Rs. 23.18 crore in March 2024 up 62.55% from Rs. 14.26 crore in March 2023. EBITDA stands at Rs. 201.28 crore in March 2024 up 13.31% from Rs. 177.64 crore in March 2023.
Open Flip