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Stocks Soar Over 7% in Intra-day Trading as Tata Motors' Demerger Boosts Confidence, Paving the Way for Direct Competition with Maruti in Passenger Vehicles Segment. Intra-Day Surge Propelled by Demerger Approval: Tata Motors witnessed a remarkable surge of over 7%, reaching a high of Rs 1,065 in early trade on Tuesday (March 5). This surge follows the board of directors' approval of a pivotal proposal to demerge the company into two distinct listed entities. Two Specialized Entities: The demerger plan delineates one entity to oversee Tata's commercial vehicles business and related investments. Simultaneously, the other entity will encapsulate the diverse passenger vehicles businesses, encompassing traditional internal combustion engine vehicles, electric vehicles, and the renowned Jaguar-Land Rover division. Implementation through NCLT Scheme of Arrangement: The announcement of this strategic decision was made post-market hours on Monday. The demerger proposal is slated to

With a Rs 6 per share dividend, Vedanta subsidiary is set to go ex-date in three days, causing an 8% surge in the share value. Hindustan Zinc Ltd (HZL), a subsidiary of Vedanta Limited, will go ex-dividend on December 14, 2023. The last recorded trading price for Hindustan Zinc shares on BSE is Rs 325.40 per share, reflecting a 0.76% intraday gain. Over the past two weeks, the shares provided a return of 8.02%, and in the last month, they saw a gain of 7.86%. Considering the last trading price, the dividend yield for Hindustan Zinc shares is 14.14%. Since June 28, 2001, Hindustan Zinc Ltd has announced a total of 41 dividends. Details are provided below. On December 6, 2023, Hindustan Zinc made a BSE filing announcing an interim dividend. According to the board of directors' resolution passed on December 6, 2023, the company declared a 2nd interim dividend of Rs 6 per equity share, equivalent to 300% on the face value of Rs. 2/- per share for the Financial Y

  Before a company starts selling its shares to the public for the first time, there's a lot of excitement in a hidden market. This is what's happening with DOMS Industries, a company from Gujarat that makes stationery and art products. Even before their shares officially go on sale, people are eager to buy them. In this hidden market, the price of DOMS Industries' shares went up a lot - by 80% in just two days! This made the shares cost ₹360, up from ₹200 on December 4. This big increase in the hidden market price shows that many people are interested in buying shares of DOMS Industries when they become available. The company is getting ready to decide how much their shares will cost and will start selling them to everyone from December 13 to December 15. They aim to raise ₹1,200 crore through this sale. The money they raise will help the company build new factories to make more pens, markers, and other stationery items. This will also help them grow and do other important

The RBI is likely to opt for a prolonged pause, extending until the middle of next year. The monetary policy has continued to prioritize maintaining tight liquidity conditions following a pause in April 2023. This emphasis on tight liquidity stems from the potential inflationary impact of consecutive food price shocks. Adverse weather conditions have led to over 50 percent inflation in the CPI food basket, with expectations of it surpassing 60 percent in November, driven by increased vegetable prices, particularly onions. The RBI has appropriately chosen to overlook food price shocks given the well-behaved core inflation and contained inflation expectations. However, the recurring nature of these shocks increases the risk of price pressures spreading beyond food to non-food sectors. To counter this, the RBI has maintained tight liquidity conditions through Incremental cash reserve ratio (I-CRR) from August to the first week of October, resulting in weighted average

SJVN Green Energy, a subsidiary of SJVN, is seeking bids for the acquisition or lease of 1,000 acres in Punjab for a 28-year period, dedicated to constructing a 200 MW solar power project. The deadline for bid submissions is December 20, 2023, with bid opening scheduled for the same day. Interested parties must provide a bid document costing ₹5,900. Participants can propose multiple land lots, but the total area should not exceed 1,000 acres. Each linked land parcel must be either 250 acres or multiples thereof, with parcels totaling less than 250 acres not considered. The selected property must possess all necessary statutory clearances and be enclosed with perimeter chain-link fencing. The successful bidder is required to facilitate connections with the State Transmission Utility to streamline the establishment of the solar power projects. Bidders are required to provide an earnest money deposit as follows: - ₹500,000 for 250 acres - ₹1 million for 500 acres -