Mon, May 6, 2024 2:53 PM
Refractory Shapes IPO fully subscribed on day 1 amid strong retail interest
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Kirloskar Ferrous Industries Q4 Results Live : Kirloskar Ferrous Industries declared their Q4 results on 17 May, 2024. The topline decreased by 1.89% & the profit decreased by 77.89% YoY. As compared to the previous quarter the revenue declined by 0.79% and the profit decreased by 74.44%.The Selling, general & administrative expenses declined by 7.21% q-o-q & decreased by 7.33% Y-o-Y.
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Cautioning against household savings getting invested in futures and options trade, Chief Economic Advisor V Anantha Nageswaran on Saturday said there is a need to reconsider sachetisation of F&O trade because it requires different financial literacy. Speaking at the CII's Annual Business Summit, 2024, Nageswaran said whenever financial sector development precedes national development.
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JSW Steel, the country's largest steelmaker by capacity, announced a dividend per share (DPS) of ₹7.30 for the financial year 2024. The declared dividend is the highest payout from the company, barring FY22, in which it had distributed ₹17.35 per share. The total outflow on account of equity divided stands at ₹1,785 crore for the year.
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