Latest news with #KotakMahindra


Mint
3 days ago
- Business
- Mint
Kotak Mahindra, Bharti Airtel, Dabur among key stocks to trade ex-dividend today
Dividend Stocks: Kotak Mahindra, Bharti Airtel, Dabur among key stocks to trade ex-dividend today These firms, along with many others, had decided that July 18, 2025, would be the record date for evaluating the list of eligible shareholders to receive dividends. To be included on the list of eligible shareholders to receive dividends under the T+1 settlement method, investors who wanted dividends had to purchase them at least one day before the record date. Kotak Mahindra Bank—Kotak Mahindra Bank had recommended a dividend of Rs. 2.50 per equity share with a face value of Rs. 5/- for the fiscal year ending March 31, 2025. The dividend is subject to approval by members at the upcoming Annual General Meeting. Bharti Airtel—Bharti's Board of Directors suggested a final dividend of Rs. 16/- per fully paid-up equity share and Rs. 4/- for every partly paid-up equity share for the fiscal year 2024-25, which must be approved by members at the 30th Annual General Meeting. Dabur India Ltd—On May 7, 2025, the Board of Directors of the Company proposed a Final Dividend of Rs. 5.25 per share (525%) for the fiscal year 2024-25. Blue Star Ltd., or BLUESTARCO, will trade ex dividend, as it had declared a final dividend of Rs. -9.00 per equity share Afcons Infrastructure Ltd, or AFCONS had declared a final dividend of ₹ - 2.5000 Bajaj Electricals Ltd, or BAJAJELEC had declared final Dividend of ₹ 3.00 per share Birlasoft Ltd, or BSOFT had declared final dividend of Rs. 4.00 Cummins India Ltd., or CUMMINSIND had declared final Dividend of Rs. 33.50 per equity share Dhanuka Agritech Ltd had declared a final dividend of Rs. 2.00 per share Exide Industries Ltd. (EXIDEIND) had declared a final dividend of Rs. - 2.00 per share Intellect Design Arena Ltd., or INTELLECT, had declared a final dividend of ₹ 4 per share and a special dividend of ₹ -3.00 per share. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Business Insider
29-06-2025
- Business
- Business Insider
Kotak Mahindra Sticks to Its Sell Rating for FSN E-Commerce Ventures Ltd. (NYKAA)
Kotak Mahindra analyst Garima Mishra maintained a Sell rating on FSN E-Commerce Ventures Ltd. (NYKAA – Research Report) on June 27 and set a price target of INR185.00. The company's shares closed last Friday at INR209.86. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Mishra is an analyst with an average return of -5.3% and a 40.00% success rate. In addition to Kotak Mahindra, FSN E-Commerce Ventures Ltd. also received a Sell from Macquarie's Avi Mehta in a report issued on June 27. However, on the same day, Morgan Stanley maintained a Buy rating on FSN E-Commerce Ventures Ltd. (NSE: NYKAA). The company has a one-year high of INR229.90 and a one-year low of INR154.90. Currently, FSN E-Commerce Ventures Ltd. has an average volume of 235.6K.


Business Insider
29-06-2025
- Business
- Business Insider
Kotak Mahindra Reaffirms Their Buy Rating on Amber Enterprises India Ltd. (AMBER)
In a report released on June 27, Deepak Krishnan from Kotak Mahindra maintained a Buy rating on Amber Enterprises India Ltd. (AMBER – Research Report), with a price target of INR7,900.00. The company's shares closed last Friday at INR6,848.50. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Krishnan is ranked #6116 out of 9622 analysts. Amber Enterprises India Ltd. has an analyst consensus of Moderate Buy, with a price target consensus of INR6,635.00.


Business Insider
29-06-2025
- Business
- Business Insider
Shree Cement Limited (SHREECEM): New Sell Recommendation for This Basic Materials Giant
In a report released on June 27, Sumangal Nevatia from Kotak Mahindra maintained a Sell rating on Shree Cement Limited (SHREECEM – Research Report), with a price target of INR19,550.00. The company's shares closed last Friday at INR31,030.00. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Nevatia is a 2-star analyst with an average return of 1.3% and a 50.00% success rate. Nevatia covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shree Cement Limited with a INR30,141.67 average price target, implying a -2.86% downside from current levels. In a report released on June 23, Investec also maintained a Sell rating on the stock with a INR25,600.00 price target. Based on Shree Cement Limited's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR55.32 billion and a net profit of INR5.74 billion. In comparison, last year the company earned a revenue of INR54.33 billion and had a net profit of INR6.75 billion


Bloomberg
09-06-2025
- Business
- Bloomberg
Veteran Kotak Fund Manager Lakshmi Iyer Set to Join Bajaj Group
Lakshmi Iyer, a veteran fund manager at India's Kotak Mahindra Group, has quit after over twenty years at the firm, people familiar with the matter said. Iyer was chief executive officer of investments and strategy at Kotak Alternate Asset Managers Ltd. She will be joining Bajaj Finserv Ltd., the people said.