Latest news with #VesuviusIndia
Mint
2 days ago
- Business
- Mint
Asian Paints, Tata Investment to Johnson Controls-Hitachi: Five stocks in focus turning Ex-Dividend or Ex-split today
Dividend Stocks: Asian Paints, Tata Investment, Indian Bank and Johnson Controls-Hitachi will remain in focus today as these stocks turn ex-dividend today, June 10. Meanwhile, Vesuvius India shares will trade ex-date for the stock split. The record date for determining the list of shareholders eligible to receive dividends or shares following a split was set by these companies as Tuesday, June 10, 2025. According to the T+1 settlement, investors must purchase company stock at least one day before the record date for their names to be listed among the eligible shareholders to receive the benefits of the corporate action. Asian Paints- Asian Paints recommended a final dividend payment of ₹ 20.55 per equity share with a face value of Re 1 each for the fiscal year 2025, subject to shareholder approval at the company's 79th Annual General Meeting. The total dividend for the fiscal year 2025 is ₹ 24.80 per equity share of face value Re 1 each, which includes the interim dividend of ₹ 4.25 per equity share that was approved by the Board of Directors at their meeting on November 9, 2024, and paid out later. For the final dividend in the fiscal year ended March 31, 2025, the company had set June 10 as the record date. Tata Investment Corporation: Tata Investment Corporation recommended a final dividend of ₹ 27 per share with a record date of Tuesday, June 10, 2025. Johnson Controls-Hitachi Air Conditioning India Ltd- A final dividend of ₹ 15 per share was recommended by Johnson Controls-Hitachi Air Conditioning India, with a record date of Tuesday, June 10. Indian Bank - Indian Bank had recommended a final dividend of ₹ 16.25 per share. On Tuesday, June 17, 2025, the Bank's 19th Annual General Meeting of shareholders will take place to approve the said dividend while the record date is fixed as today. Vesuvius India Limited- For determining the eligibility of equity shareholders to receive 10 fully paid-up equity shares of Re. 1 each, for one fully paid-up equity share of ₹ 10 each, held by them, Vesuvius India had set June 10 as the record date.
Mint
2 days ago
- Business
- Mint
Asian Paints, Tata Investment to Johnson Controls-Hitachi: Five stocks in focus turning Ex-Dividend or Ex-split today
Dividend Stocks: Asian Paints, Tata Investment, Indian Bank, Johnson Controls-Hitachi remain in focus turning Ex-Dividend today while Vesuvius India will trade Ex-date for split today. The record date for determining the list of shareholders eligible to receive dividends or shares following a split was set by these companies for Tuesday, June 10, 2025. According to the T+1 settlement method, investors must purchase company stock at least one day before the record date in order for their names to be listed among the eligible shareholders who will receive dividends or shares following the firms' stock split. Asian Paints- Asian Paints recommended a final dividend payment of ₹ 20.55 per equity share with a face value of Re 1 each for the fiscal year 2025, subject to shareholder approval at the company's 79th Annual General Meeting. The total dividend for the fiscal year 2025 is ₹ 24.80 per equity share of face value Re 1 each, which includes the interim dividend of ₹ 4.25 per equity share that was approved by the Board of Directors at their meeting on November 9, 2024, and paid out later. For the final dividend in fiscal year ended on March 31, 2025. company had set June 10 as record date. Tata Investment Corporation: Tata Investment Corporation recommended a final dividend of ₹ 27 per share with a record date of Tuesday, June 10, 2025. Johnson Controls-Hitachi Air Conditioning India Ltd- A final dividend of ₹ 15 per share was recommended by Johnson Controls-Hitachi Air Conditioning India, with a record date of Tuesday, June 10 Indian Bank - With a record date set on on Tuesday, June 10, 2025 by Indian Bank, it had recommended a final dividend of ₹ 16.25 per share. On Tuesday, June 17, 2025, the Bank's 19th Annual General Meeting of shareholders will take place. Vesuvius India Limited- For determining the eligibility of Equity Shareholders to receive 10 fully paid-up equity shares of Re. 1 each, or one fully paid-up equity share of Rs. 10 each, held by them, Vesuvius India had set 10 June as of the Record Date. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Upturn
3 days ago
- Business
- Business Upturn
Stocks in focus today: BEL, UPL, Infosys, NTPC, Lupin, KEI, L&T ESG bond, Suzlon stake sale reports among key stocks to watch
By News Desk Published on June 9, 2025, 08:02 IST Indian equities are likely to track a busy news flow on Monday with several key corporate announcements, regulatory approvals, MoUs, credit updates, and sector developments in focus. Among the notable corporate updates, Bharat Electronics and Tata Electronics signed an MoU to advance India's self-reliance in electronics and semiconductors, while UPL announced the sale of Serra Bonita assets in Brazil for $125 million. GHV Infra received a road construction order worth Rs 546 crore in Mumbai, and KEI Industries saw a credit rating upgrade to IND AA+ with stable outlook from India Ratings. Azad Engineering saw Nomura buying a stake worth Rs 66 crore in a block deal, and Tata Communications announced a new subsea cable project linking Singapore, Hong Kong, and Japan to boost connectivity. In other deals, Panorama Studios signed a 5-year exclusive airborne rights agreement with Digital 18 Media for 50 Hindi films, while a Kernex/KEC consortium secured a Rs 182.81 crore contract from Western Railways for KAVACH 4.0 installation. IDFC First Bank gained after CCI allowed Warburg Pincus to acquire up to 10% in the bank. Afcons received a Rs 700 crore order from Reliance Industries. Among pharma names, Lupin secured tentative USFDA approval for Oxcarbazepine ER tablets, while Nazara Technologies acquired Smaaash Entertainment for Rs 126 crore. Infosys also got closure from GST Intelligence on a Rs 32,403 crore pre-show cause notice, while NTPC started commercial operations of its 250 MW Tehri PSP unit. Meanwhile, NOCIL and Yasho Industries will be in focus after India imposed anti-dumping duties on certain imports from China, Japan, and the EU. In other sectoral news, Jefferies remains bullish on Indian cement, expecting a pricing recovery in Q1 and profitability turnaround in FY26, with UltraTech, Shree Cement, and JK Cement as top picks. M&M reported a 28% YoY rise in May production, while Hindustan Copper and RITES signed an MoU for establishing a sustainable metal supply chain. On the neutral side, RattanIndia Power and Punjab National Bank reported key management resignations, and Bajaj Finance set June 16 as the record date for stock split and bonus shares. L&T announced a landmark Rs 500 crore ESG bond issue — the first such issuance by an Indian corporate under SEBI's new framework. Suzlon Energy could remain volatile amid reports that promoters may look to sell a significant stake via block deals. On the negative side, VIP Industries faces a commercial suit filed by Jiaxing Bianca Travel Goods in Bombay Civil Court. Dividend ex-dates today include Nelco (Rs 1/share), while Asian Paints, Indian Bank, Johnson Controls, Tata Investment, and Vesuvius India will trade ex-dividend from tomorrow. Vesuvius India will also undergo a stock split from Rs 10 to Rs 1. News desk at
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Business Standard
15-05-2025
- Business
- Business Standard
Coforge, Vesuvius stocks to turn ex-split in June; how to trade? Read here
Shares of Coforge and Vesuvius India are likely to be in focus in the fortnight ahead as they approach the respective record date for turning ex-stock split. Coforge, on March 4, announced stock split in the ratio 1:5; wherein each share of the MidCap IT company with a face value of ₹10 will be sub-divided into 5 equity shares with a face value of ₹2 each. The company has set June 4 as the record date to ascertain eligible shareholders for the proposed corporate action. Meanwhile, Vesuvius India notified a 1:10 stock split on February 26; wherein each share with a face value of ₹10 will be sub-divided into 10 equity shares with a face value of ₹1 each. The record date has been fixed as June 10. Post the respective stock-split announcements, Coforge has gained 10.3 per cent thus far, while Vesuvius India has rallied 29 per cent to a high of ₹5,215 hit today. Against this background, with less than a month to go for the stock split, here's a trading guide based on the technical analysis of these 2 stocks. Coforge Current Price: ₹8,501 Upside Potential: 14.7% Downside Risk: 10.6% Support: ₹8,230; ₹7,870 Resistance: ₹8,533, ₹8,625, ₹8,730, ₹9,120; ₹9,435 The price-to-moving averages action is indicating a mixed bias for Coforge, as select short-term moving averages (20-Day Moving Average and the 50-DMA) are below the medium-term moving average (100-DMA). However, key momentum oscillators both on the daily and weekly chart are clearly in favour of the bulls. At present levels, the stock is seen trading within striking distance of the weekly super trend line resistance at ₹8,533. The stock needs to break and trade consistently above the same for further gains to emerge. On the upside, the stock can potentially rally to ₹9,750 levels, with interim resistance likely around ₹8,625, ₹8,730, ₹9,120 and ₹9,435 levels. On the other hand, key support for the stock stands at ₹8,230. Break and sustained trade below the same can trigger a fall towards ₹7,600 levels, with interim support likely around ₹7,870 - wherein stands the 100-DMA. CLICK HERE FOR THE CHART Vesuvius India Current Price: ₹5,200 Upside Potential: 16.4% Downside Risk: 6.8% Support: ₹5,145; ₹5,010 Resistance: ₹5,350; ₹5,480; ₹5,740 Vesuvius India stock is expected to trade on an upbeat note as long as the stock holds above ₹5,145 levels. Below significant support for the stock is visible at ₹5,010 and ₹4,845 levels. On the upside, the stock could rally towards the higher-end of the Bollinger Bands on the monthly chart, indicating an upside target of ₹6,050 levels. Interim resistance for the stock can be anticipated around ₹5,350, ₹5,480 and ₹5,740 levels.
Business Standard
09-05-2025
- Business
- Business Standard
Vesuvius India standalone net profit declines 13.77% in the March 2025 quarter
Sales rise 6.15% to Rs 480.94 croreNet profit of Vesuvius India declined 13.77% to Rs 59.31 crore in the quarter ended March 2025 as against Rs 68.78 crore during the previous quarter ended March 2024. Sales rose 6.15% to Rs 480.94 crore in the quarter ended March 2025 as against Rs 453.09 crore during the previous quarter ended March EndedMar. 2025Mar. 2024% 6 OPM %17.2620.96 -PBDT92.45102.71 -10 PBT79.6992.22 -14 NP59.3168.78 -14 Powered by Capital Market - Live News
