PSU DIVIDENDS
RailTel shares jump 11%, hit fresh 52 week high; multibaggers IRFC, Ircon join party with new peaks RailTel Share Price: Railway stocks including Railtel Corporation of India, Ircon International, and IRFC are surging to new highs as the market anticipates the Modi 3.0 government's budget announcement on July 23.
12 Jul, 2024, 01.03 PM ISTFour PSU banks pay Rs 6,481 cr dividend to Govt Four public sector banks, Canara Bank, Indian Bank, Bank of India, and EXIM Bank, present dividend cheques totaling Rs 6,481 crore to Finance Minister Nirmala Sitharaman for the financial year 2023-24.
10 Jul, 2024, 08.09 PM ISTPSU rail, defence stocks rally up to 77% in 1 month. Will Budget be about Modi stocks? Dalal Street anticipates Finance Minister Nirmala Sitharaman to maintain the capex agenda and fiscal discipline. PSU stocks in railways and defence sectors lead with up to 77% returns in a month. Pre-Budget optimism propels PSU stocks to record high...
09 Jul, 2024, 09.48 AM IST- ADVERTISEMENT
Sometimes skepticism should not be first port of investing: 4 largecap PSU stocks from different sectors with upside potential of up to 29% While a part of it is due to valuations, another part is due to doubts about whether the government will continue to focus on making the PSU a set of better run companies. If one looks at the announcements which have come in the last four weeks, the...
04 Jul, 2024, 04.22 PM ISTHAL board approves dividend of Rs 13/share for FY4 The board of HAL approved a final dividend of Rs 13 per share for FY23-24. The proposed record date for dividend payment is August 21, pending shareholders' approval. Additionally, HAL has increased its authorized share capital from Rs 600 crore to ...
26 Jun, 2024, 02.57 PM ISTHAL to consider final dividend payout for FY23-24 on June 26 On Wednesday, Hindustan Aeronautics (HAL), a defense PSU, disclosed its plan to discuss the payment of the final dividend for the fiscal year 2023-24 during its board meeting scheduled for June 26th.
19 Jun, 2024, 03.00 PM IST7 PSU stocks with highest dividend yields in the last 12 months Seven PSU stocks with dividend yields of 4-5% in the last 12 months were identified. The companies include Balmer Lawrie Investment, ONGC, Bank of India, BPCL, Power Grid Corporation of India, Indian Oil Corporation, and Coal India. The dividends pa...
19 Jun, 2024, 10.08 AM ISTDown but not out! 4 reasons why you shouldn't write off PSU stocks yet Analysts are positive about PSU stocks post Lok Sabha elections, highlighting growth opportunities in Nifty PSU Bank stocks and government sectors. Valuation comfort, dividend yields, and growth potential make PSU stocks attractive for value investi...
13 Jun, 2024, 10.07 AM ISTPSUs will continue to create wealth for investors over medium to long term: Manish Sonthalia There is no reason to feel bearish after the recent bout of volatility and multiples in India are not very cheap but not very expensive either for a 15% sort of growth. Valuations are going to sustain. So that is how things are. Things are pretty se...
11 Jun, 2024, 12.36 PM IST185% rally in 2 years! This multibagger PSU rail stock declares Rs 5 dividend RITES declares Rs 5 per share dividend with Q4 results, continuing its growth trend with 185% increase in 2 years. Marginal decline in Q4 net profit, revenue down 6.3% YoY. Stock price falls 3.3% to Rs 709.
28 May, 2024, 04.06 PM ISTBharat Dynamics shares zoom 17% to new all-time high after 1:2 stock split Shares of BDL surged 17% to a 52-week high of Rs 1,650 post stock split in 1:2 ratio, reducing face value from Rs 10 to Rs 5 per share. BDL informed about the split following Regulation 42 of SEBI. The company will announce Q4 results and FY24 divid...
24 May, 2024, 12.43 PM ISTBharat Dynamics shares zoom 46% in 6 days ahead of proposed 1:2 stock split Shares of the PSU stock Bharat Dynamics Limited (BDL) have witnessed a remarkable surge, increasing by a little over 46% in the past six days. On Tuesday, the stock rose by 10% on the BSE, reaching a new all-time high of Rs 2,689. This surge in shar...
21 May, 2024, 12.53 PM ISTPSU railway stocks rally up to 8%. What’s the good news? Shares of railway PSU stocks RVNL and IRFC surged on Tuesday, with RVNL jumping 8% to Rs 322 and IRFC rising 5% to Rs 181 on the BSE. This rally was triggered by the Q4 profit growth reported by these companies. Additionally, IRCON International sha...
21 May, 2024, 11.51 AM ISTMultibagger defence PSU BEL surges over 9% after Q4 results, earns upgrade from Motilal BEL shares hit a record high, up 9% after a 30% profit increase and dividend declaration. Brokerages are optimistic about BEL's growth potential, with target prices set by Nomura & Motilal Oswal, citing improved margins & government support for the ...
21 May, 2024, 10.58 AM ISTBEML shares surge 13% after Q4 results impress BEML shares surged 13% on BSE to Rs 3,636 as it reported a 62% YoY profit increase for Q4FY24, reaching Rs 256.8 crore, alongside a revenue rise and dividend declaration.
13 May, 2024, 12.38 PM ISTShift some money from capital goods & PSU bank stocks to FMCG, IT; top 9 bets: Sanjiv Bhasin Sanjiv Bhasin suggests focusing on Marico, Nestle, Hindustan Lever as top FMCG picks, adding Godrej Consumer. Largecap private banks like HDFC, ICICI, Kotak, Axis, IndusInd are recommended amidst various market dynamics and sector-specific opportuni...
07 May, 2024, 11.33 AM ISTDividend yield is more than just passive income: 6 PSU stocks with 4.14-5.67% yield Stock price and dividend yields have an inverse relationship but before this inverse relationship kicks in there is a level of equilibrium. Now this level of equilibrium is a subjective level which moves according to risk free interest rate level wh...
26 Mar, 2024, 09.13 AM ISTInvesting in PSU stocks? 5 stocks with decent dividend yield especially when valuations have inched up When it came to investing on the basis of high dividend yield, it was the PSU stocks which topped the list. But then came the rally in the PSU space and it was not about dividend yield but capital gains. But the fact is that dividend yield is a cush...
03 Mar, 2024, 03.45 PM ISTCPSE dividends cross FY24 revised estimate in 11 months The interim budget last month estimated such dividend receipts at ₹50,000 crore for the current fiscal, higher than the initial target of ₹43,000 crore.
02 Mar, 2024, 05.12 PM IST7 PSU stocks with dividend yields between 4-5% According to Axis Securities report, as many as 7 PSU stocks paid 4-5% dividend yield in the last 12 months.
17 Feb, 2024, 10.12 AM IST