Mon, Apr 29, 2024 12:29 PM
When will EPF members receive interest for FY 2023-24 in their accounts?
A Flip by Avya Verma
Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong. The American video game retailer has been shooting up 340% over the last 10 trading days after a string of posts on the X platform from an account linked to Keith Gill, the central figure behind the previous frenzy.
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Life Insurance Corporation of India Ltd. (LIC), has informed the exchanges that market regulator Securities and Exchange Board of India (SEBI) has granted an additional three years to achieve 10% public shareholding. Currently, public shareholding in LIC stands at 3.5% as of March 31, 2024. Shares of LIC have surged to the day's high post the announcement.
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The shares of agricultural solutions and services major UPL plunged over 6% in two days after the company reported a 95% drop in net profit year-on-year in Q4FY24. The share price of UPL slipped 6.07% to two day low of Rs 501.65 on NSE. On Monday, UPL reported a substantial 95% year-on-year (YoY) decrease in its consolidated net profit, amounting to Rs 40 crore for Q4FY24.
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