The current dividend payout is subject to approval from shareholders at its ensuing Annual General Meeting (AGM). Record date for the payment of dividend has not been disclosed yet.
CNBC-TV18 has reached out to both Coal India and the Department of Investment and Public Asset Management (DIPAM) and is awaiting a response from both.
Management said it remains confident of delivering 25% revenue growth along with a corresponding increase in EBITDA going forward.
HSBC said its execution-driven market share gains in wires and cables and the FMEG margin expansion is set to drive an estimated 20% earnings per share (EPS) compound annual growth rate (CAGR) for Polycab over financial year 2026-2029.
L&T categorises projects valued between ₹2,500 crore and ₹5,000 crore as ‘large’ orders.
Addressing a summit, DFS Secretary M. Nagaraju urged banks to embed risk management into their core culture and said the IBA Chairman has been tasked with ensuring banks are prepared if Anthropic’s “Mythos” AI model is publicly released.
Cartrade mentioned in an earnings release that it has attracted nearly 76 million average monthly unique visitors during the quarter, with 95% of that traffic being organic. The company now has presence in over 540 physical location.
Shares of Craftsman Automation are trading 8.3% higher after the results announcement at ₹8,324.5. The stock made a 52-week high of ₹8,430 after the results announcement, having risen 24% over the last one month. With this move, the stock has…
India business is expected to continue delivering calibrated growth at normative EBITDA margins. The company also expects a meaningful improvement in Indonesia operations, while Africa, the USA and the Middle East businesses are likely to post strong revenue and profit…
Prashant Paroda, Portfolio Manager Emerging Markets at Allspring Global Investments, said power and renewable energy stocks have rallied sharply and may be ahead of expectations, prompting the firm to look at underperforming sectors such as private banks in India. Paroda…