📌Lemonade's revenue increased 25% year-over-year, with $119 million in revenue and $794 million in-force premium. 📌Opendoor trades at a dirt-cheap price-to-sales ratio of 0.3, with high-growth opportunities. 📌Pagaya reported 31% year-over-year revenue and network volume growth, with a top issuer of personal loan ABS in the US.

Share India declared a total dividend of ₹12.50 per share in FY24, with a net dividend yield of around 5.50%, close to bank fixed deposit interest rates. The company's board of directors has also declared a ₹0.40 per share interim dividend for FY25, with a record date of August 2, 2024. This translates to a 20% dividend payout of the face value of Share India shares.

Delta Air Lines and Hexcel Corporation are undervalued stocks after recent sell-offs. Delta expects 2-4% revenue growth in Q3, despite 5-6% capacity growth, indicating yield pressure. However, the airline industry may be learning to cut capacity quickly when demand exceeds supply, which could improve pricing conditions. Hexcel, a supplier to Airbus and Boeing, reduced its full-year guidance.

ITC is set to launch a new nutrition brand, "Right Shift", targeting consumers above 40, in the next 10 days. The brand will offer a portfolio of snacks, drinks, and meal items with targeted dense nutrition for strength and energy building. This is a new space for ITC, with plans to expand the portfolio over time.

CrowdStrike Holdings' stock has increased by 320% since its IPO in 2009, with an average annual return of 40%. Despite a recent 28% drop, the company's growth potential remains strong, with a total addressable market for cybersecurity solutions estimated at $1.5 trillion to $2 trillion. With a strong customer base, including 62 of the Fortune 100, and solid financials.

Life Insurance Corporation (LIC) of India has appealed against a tax order demanding Rs 7,217.63 crore in GST, Rs 7,760.96 crore in interest, and Rs 721.87 crore in penalty for FY 2018-19. This follows an earlier notice of Rs 178 crore for short payment of GST for two financial years. The appeal was filed with the Joint Commissioner of State Tax, Mumbai.

ITC plans to invest Rs 20,000 crore over the next five years to enhance competitiveness and prepare for future opportunities. The capital allocation plan includes 35-40% for FMCG, 35% for paper boards and packaging, and the rest for other businesses. The investment will also fund a new greenfield site for paper boards and packaging, expanding the business in a modular fashion.

As many as 99 companies, including 5 Nifty companies, have set record dates for dividend payouts. Eligible shareholders will receive dividends ranging from Rs 0.1 to Rs 125 per share. The list of companies trading on an ex-dividend basis this week includes Deepak Nitrite, Maruti Suzuki, Cipla, Divi's Laboratories, and Hero Motocorp, with dividend payouts totaling Rs 7.5 to Rs 125 per share.

KEC International reported a net profit of Rs 87.6 cr, more than doubling from Rs 42 cr yoy, with revenue increasing 6.3% to Rs 4,512 cr. Operating income rose 10.6% to Rs 270 cr, with a 6% EBITDA margin. The company plans to raise up to Rs 6,000 cr through a qualified institutional placement & non-convertible debentures, aiming to raise Rs 4,500 crore via equity and Rs 1,500 crore via debentures.

Srestha Finvest, a small-cap penny stock, has seen a 120% rise in one year, from ₹1.10 to ₹2.41. The company's board has approved a 1:2 stock split, its second split after a 1:5 split in 2016. The record date for eligible shareholders will be declared later. In one month, the stock has risen 25% and 90% in six months, with a market capitalization of ₹197 crore and a 52-week high of ₹2.56.

FPIs) have injected nearly ₹52,910 crore into Indian equity and debt markets this month, with ₹33,688 crore in equity and ₹19,222 crore in debt. The total FPI investment in equity stands at ₹36,888 crore and ₹87,846 crore in debt for the year-to-date. The Government's Budget 2024-2025 has focused on fostering a stable equity investment environment, leading to a positive sentiment.

On Friday, shares of Rajoo Engineering jumped 5 per share upper circuit to Rs 410.75 per share from its previous closing of Rs 391.20 with an intraday high of Rs 410.75 and an intraday low of Rs 388. The stock also made a new 52-week high of Rs 410.75 per share while its 52-week low is Rs 46.25 per share. The company has a market cap of over Rs 2,500 crore and it is almost debt-free.

The Rajasthan government will spend approximately ₹23.79 crore annually to lease a helicopter from a private company, M/s Redbird Airways Pvt Ltd, for VIP flights. Previously, the state spent ₹76.46 crore on helicopter/airplane services from 2020-21 to 2023-24, with annual expenditures of ₹8.03 crore, ₹7.19 crore, ₹31.30 crore, and ₹29.94 crore, respectively.

Hitachi Energy India Limited have posted robust Quarterly Results. The revenue of the company for Q1FY25 stood at Rs 1,293.33 crore which grew by 28.8 per cent YoY. The operating profit of the company stood at Rs 47.99 crore, while the PAT of the company stood at Rs 10.42 crore, representing an impressive growth of 332.37 per cent YoY.

The FBI has said that Donald Trump was hit by a bullet, or a fragment from one, fired by the would-be assassin at the former US president and Republican presidential nominee at his Pennsylvania rally earlier this month.“What struck former President Trump in the ear was a bullet, whether whole or fragmented into smaller pieces, fired from the deceased subject’s rifle,” the bureau said in brief.