Market Closes Firm: Honasa Hits 20% Upper Circuit, Rpower Reclaims Rs 20,000 Crore Market Cap
Market Closes Firm: Honasa Hits 20% Upper Circuit, Rpower Reclaims Rs 20,000 Crore Market Cap

Market Closes Firm: Honasa Hits 20% Upper Circuit, Rpower Reclaims Rs 20,000 Crore Market Cap

In notable stock movements, Honasa Consumer, the parent company of Mamaearth, locked in a 20 per cent upper circuit on May 23 following its Q4 results

DSIJ Intelligence-3 Article rating: 3.6

Reliance Power also saw a strong rally, rising over 16 per cent and pushing its market capitalisation back above the Rs 20,000 crore level.

Nifty and Sensex Up Over 1 per cent, Honasa Hits Market Cap of Rs 10,000 Crore, RPower Jumps 15 per cent
Nifty and Sensex Up Over 1 per cent, Honasa Hits Market Cap of Rs 10,000 Crore, RPower Jumps 15 per cent

Nifty and Sensex Up Over 1 per cent, Honasa Hits Market Cap of Rs 10,000 Crore, RPower Jumps 15 per cent

On the other hand, Nifty FMCG and IT led the gains, each rising by over 1 per cent.

DSIJ Intelligence-3 Article rating: 5.0

In stock-specific action, Honasa Consumer was up nearly 18 per cent, trading near the day’s high and reclaiming a market cap of Rs 10,000 crore

Nifty Hits 5-Month High; Nifty Small-Cap Records Best Day in Over 3 Years
Nifty Hits 5-Month High; Nifty Small-Cap Records Best Day in Over 3 Years

Nifty Hits 5-Month High; Nifty Small-Cap Records Best Day in Over 3 Years

The broader market indices outperformed, with the Nifty Small-cap index surging by 3.85 per cent, marking its best day in over three years.

DSIJ Intelligence-3 Article rating: 5.0

All sectoral indices were trading in the green, with the Nifty IT and Nifty Metal indices up by 4.84 per cent and 4.73 per cent, respectively. The Nifty IT index registered its best performance in a single trading session since January 2024.

Nifty Hits 4-Month High, Logs Best Gains Since June 5, 2024; Bank Nifty Surges Past 55,000
Nifty Hits 4-Month High, Logs Best Gains Since June 5, 2024; Bank Nifty Surges Past 55,000

Nifty Hits 4-Month High, Logs Best Gains Since June 5, 2024; Bank Nifty Surges Past 55,000

Interestingly, the India VIX index cooled off significantly, dropping by 18 per cent to fall below the 18 mark.

DSIJ Intelligence-3 Article rating: 5.0

Nifty trading above the 24,600 mark, hitting a fresh high of over four months and logging its best single-day move since June 5, 2024, while the Nifty Bank surged past the 55,000 mark, up by 2.70 per cent

This Shareholder to Receive Over Rs 11 Crore as MRF Declares Highest Ever Dividend – Know Who!
This Shareholder to Receive Over Rs 11 Crore as MRF Declares Highest Ever Dividend – Know Who!

This Shareholder to Receive Over Rs 11 Crore as MRF Declares Highest Ever Dividend – Know Who!

MRF announced a record high final dividend of Rs 229 per share (2,290 per cent) on a face value of Rs 10 each

DSIJ Intelligence-3 Article rating: 4.5

MRF continues to hold the title of the highest-priced listed stock in the Indian stock market. Share price has more than doubled in value over the last three years. 

Closing Bell: Nifty Extends Weekly Gains, Ends 240 Points Off Day’s High Amid Volatility; Broader Markets Underperform!
Closing Bell: Nifty Extends Weekly Gains, Ends 240 Points Off Day’s High Amid Volatility; Broader Markets Underperform!

Closing Bell: Nifty Extends Weekly Gains, Ends 240 Points Off Day’s High Amid Volatility; Broader Markets Underperform!

In the broader market space, underperformance was seen as both the Nifty Midcap 100 and Smallcap 100 indices ended in negative territory

DSIJ Intelligence-3 Article rating: 5.0

It even approached near the 24,600 mark before volatility set in, triggering profit booking that erased most of the gains. Ultimately, the index settled near 24,350—about 242 points below the session’s peak

PSU-Backed Multibagger Stock With Higher Dividend Yield Than IT Majors Set to Announce Dividend; Consistent Payout History Makes It a Must-Watch!
PSU-Backed Multibagger Stock With Higher Dividend Yield Than IT Majors Set to Announce Dividend; Consistent Payout History Makes It a Must-Watch!

PSU-Backed Multibagger Stock With Higher Dividend Yield Than IT Majors Set to Announce Dividend; Consistent Payout History Makes It a Must-Watch!

Starting from Rs 7 per share in FY2020-21, dividend payout has surged to Rs 47 per share in FY2024-25.

DSIJ Intelligence-3 Article rating: 3.7

Backed by some of the leading PSUs - State Bank of India, Punjab National Bank, Life Insurance Corporation of India - this multibagger stock has shown a rise in its dividend yield since listing. With a consistent dividend track record and an attractive yield that even surpasses many leading IT companies, it has become a stock to watch. All eyes will not be on its upcoming dividend announcement.

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