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![Polycab, United Spirits among 38 companies with dividend bonus, stock split this week. Do you own any?](https://img.etimg.com/thumb/msid-111549121,width-100,height-75,resizemode-4/markets/stocks/news/polycab-united-spirits-among-38-companies-with-dividend-bonus-stock-split-this-week-do-you-own-any.jpg)
Polycab, United Spirits among 38 companies with dividend bonus, stock split this week. Do you own any?
Polycab, United Spirits, Mahindra Logistics are in focus for dividends, bonuses, and stock splits. Key stocks include Clara Industries (4:1 bonus July 8), Deep Industries (Rs 2.44 dividend July 9), JSW Steel (Rs 7.3 dividend July 9), Mphasis (Rs 55 dividend July 10), Mahindra Lifespace Developers (Rs 2.65 dividend July 12), and Vantage Knowledge Academy (stock split July 12).
![Despite war and sanctions, Russia becomes a high-income economy](https://img.etimg.com/thumb/msid-111463177,width-100,height-75,resizemode-4/news/international/world-news/despite-war-and-sanctions-russia-becomes-a-high-income-economy.jpg)
Despite war and sanctions, Russia becomes a high-income economy
Despite Western sanctions over the Ukraine war, Russia has transitioned from an upper-middle to a high-income economy, according to the World Bank's latest rankings. Factors such as increased military activity, a rebound in trade and construction, and growth in the financial sector contributed to this shift. Consequently, Russia's Atlas GNI per capita rose by 11.2%.
![United Spirits shares drop 0.05% as Sensex falls](https://img.etimg.com/thumb/msid-111508060,width-100,height-75,resizemode-4/markets/stocks/stock-watch/united-spirits-shares-drop-0-05-as-sensex-falls.jpg)
United Spirits shares drop 0.05% as Sensex falls
On the technical charts, the RSI of the stock stood at 50.66.
![Tariff hikes, 5G monetisation moves hint Jio’s headed for IPO](https://img.etimg.com/thumb/msid-111500671,width-100,height-75,resizemode-4/markets/ipos/fpos/tariff-hikes-and-5g-monetisation-moves-hint-jios-headed-for-ipo.jpg)
Tariff hikes, 5G monetisation moves hint Jio’s headed for IPO
Reliance Jio Infocomm is raising tariffs and monetising its 5G business, potentially leading to an IPO next year, with clarity expected at Reliance Industries' AGM. Valued at $133 billion, it could be India's largest IPO. Improved ARPU aims to attract investors. RIL, Meta, and Google are significant stakeholders. Financial improvements expected FY24-27. Bharti Airtel and BSE mentioned.
![United Spirits shares drop 0.62% as Sensex rises](https://img.etimg.com/thumb/msid-111482173,width-100,height-75,resizemode-4/markets/stocks/stock-watch/united-spirits-shares-drop-0-62-as-sensex-rises.jpg)
United Spirits shares drop 0.62% as Sensex rises
The stock quoted a 52-week high of Rs 1334.05 and a 52-week low of Rs 891.05.
![Pakistan's federal cabinet approves hike of PKR 5.72 per unit in basic power tariff](https://img.etimg.com/thumb/msid-111479736,width-100,height-75,resizemode-4/news/international/business/pakistans-federal-cabinet-approves-hike-of-pkr-5-72-per-unit-in-basic-power-tariff.jpg)
Pakistan's federal cabinet approves hike of PKR 5.72 per unit in basic power tariff
Pakistan's federal cabinet has approved a significant hike in the basic power tariff, raising it by PKR 5.72 per unit. This increase, effective from July 1, 2024, will raise the average electricity tariff to PKR 35.50 per unit. The move aims to cover financial losses and support an IMF bailout, despite causing consumer strain.
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United Spirits shares decline 0.28% as Sensex climbs
A total of 8,014 shares changed hands on the counter till 12:38PM (IST)
United Spirits shares rise 1.11% as Nifty gains
The stock quoted a 52-week high price of Rs 1334.05 and a 52-week low of Rs 891.05.
Honda Cars sales dip 5% to 4,804 units in June
Honda Cars India reported a 5 per cent drop in domestic wholesales to 4,804 units in June, down from 5,080 units dispatched to dealers. However, exports doubled to 4,972 units compared to 2,112 units last year. Honda Cars India VP Kunal Behl noted challenging market conditions affecting demand, but highlighted significant export growth.
United Spirits shares drop 1.03% as Sensex rises
On the technical charts, the RSI of the stock stood at 52.25.
Mahindra sales rise 11 pc to 69,397 units in June
Mahindra & Mahindra reported an 11 percent increase in wholesales year on year for June, totaling 69,397 units. The company's total dispatches to dealers reached 62,429 units in June 2023.
Share price of United Spirits falls as Nifty strengthens
A total of 11,001 shares changed hands on the counter till 12:33PM (IST).
United Spirits shares rise 0.12 per cent in Thursday's trading session
The Relative Strength Index of the stock stood at 57.72 on Thursday.
United Spirits declines 0.43% as Sensex climbs
The stock traded at a P/E multiple of 66.16, while the price-to-book value ratio stood at 11.55.
United Spirits shares gain 0.77% as Sensex rises
A total of 1,737 shares changed hands on the counter till 11:06AM (IST)
United Spirits rises 0.29% as Sensex slides
The stock traded at a P/E multiple of 65.45, while the price-to-book value ratio stood at 11.55.
Electricity in Punjab to cost more as PSERC hikes power tariff by 10-15 paise per unit
The Punjab State Electricity Regulatory Commission (PSERC) on Friday announced a new tariff order which will be effective from June 16 till March 31, 2025.
United Spirits stock price down 0.64 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 0.79 per cent stake in the company, while FIIs held 16.68 per cent and domestic institutional investors had 10.12 per cent.
Financials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha
There is indeed a shortage, and discounts have virtually disappeared, not just for air conditioners but also for refrigerators and air coolers. Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, were disappointing.
Tata Motors sales up 2 pc at 76,766 units in May
Tata Motors reported a 2% increase in total wholesales for May, with 76,766 units compared to 74,973 units last year. Domestic sales also grew by 2%, reaching 75,173 units. Passenger vehicle sales, including electric vehicles, rose to 47,075 units from 45,984 units, while commercial vehicle sales increased to 29,691 units from 28,989 units.
United Spirits share price up 1.35 per cent
A total of 54,827 shares changed hands on the counter till 10:25AM (IST).
Extreme heat lowers nations’ per capita income — but cities could thrive even in hotter conditions: Matthew E. Kahn
Matthew E. Kahn, Provost Professor of Economics at USC, discusses the impact of climate on economic growth and solutions offered by enterprise in an interview with Srijana Mitra Das.
Cube Highways announces Rs 3.94 per unit dividend for Q4
Cube Highways Trust declared an annual distribution per unit (DPU) of Rs 10.09 for FY24, with plans to acquire seven road assets, including six based on NHAI's Hybrid Annuity Model for revenue stability.
United Spirits shares rise 0.18 per cent in Tuesday's trading session
The Relative Strength Index of the stock stood at 51.65 on Tuesday.
Maruti Suzuki 'Epic New Swift' pre-booking begins at Rs 11,000 per unit
Maruti Suzuki Epic New Swift: Maruti Suzuki has started pre-booking the 4th generation Epic New Swift at Rs 11,000 per unit. The car builds on its signature sporty design and enhances its dynamism and fun-to-drive quotient. The launch date for the hatchback car has not been announced. The car is set to create new benchmarks in the premium hatchback segment and further the concept of the 'Joy of Mobility'.
RBI announces premature redemption price for SGB: Investors to receive Rs 7325 per unit
The redemption price for SGB shall be based on the simple average of the closing gold price of 999 purity over the previous three business days from the redemption date, as published by the India Bullion and Jewellers Association Ltd (IBJA).
United Spirits shares fall 2.44 per cent in Friday's trading session
The Relative Strength Index of the stock stood at 45.95 on Friday.
United Spirits share price down 1.35 per cent
A total of 49,387 shares changed hands on the counter till 12:48PM (IST).
United Spirits share price up 0.81 per cent
A total of 6,057 shares changed hands on the counter till 01:29PM (IST).
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