Quick Summary
- Market Recap: Indian equities dropped after a two-day rally. The BSE sensex fell by 624.82 points to 81,551.63, and the NSE Nifty50 declined by 174.95 points, closing at 24,826.20.
- LIC (Life Insurance Corporation): Announced a record-high dividend of 120%. Net premium income fell by 3.2%, but net profit surged year-on-year by 38%.
- Bosch: reported a revenue increase of 16% in Q4 and declared a record dividend of Rs 512 per share despite a slight dip in net profit.
- NMDC: Delivered an 8% revenue growth with profits rising marginally (4.8%). Operational cost pressures impacted EBITDA margins.
- P&G Hygiene: Moderate growth in Q3 results; declared Rs 65 per share dividend alongside Rs 156 cr net profit on revenues of Rs 991 cr.
- Info Edge India (Naukri.com): Announced its first post-stock-split dividend of Rs 3.60 per share while reporting financial results for FY ending March ’25.
- Bharat Dynamics ltd.: Witnessed significant YoY declines with revenue down by nearly79%, EBITDA diving90%, and net profit dipping5%.
- Waaree Power Pvt Ltd Deal Cancellation: Abandoned plans to acquire a stake worthRs55 crores.Float fluctuation
-Challenges Renewables
SEGMENTS,Likely Overall.
https://www.republicworld.com/business/stocks-to-watch-today-pmmodis