The company’s board of directors has recommended a final dividend of Rs 144 per share of Rs 10 each. The company has already paid two interim dividends of Rs 3 each per share. The total dividend for the year, works out to Rs 150 per share of Rs 10 each.    

Ajay Bijli, Chairman, PVR says, “We were in the rescue phase earlier; we are in the revival phase now, and then comes the reimagination phase, where we will definitely look for the diversification.”  

The shares of Laxmi Organic Industries Ltd plunged 6.29 per cent to Rs 397.60 despite posting good Q4FY22 numbers. Besides, the 52-week high value of the company’s share is Rs 628.05. 

Throughout Wednesday's trading session, domestic equities traded in the red as the conflict between Russia-Ukraine continued. Also, rising Brent crude prices coupled with weak global cues lowered the market sentiment. Sensex lost over 1,200 points intra-day but recovered some of the losses towards the end of the session.

Amid the broad market index Sensex trading down by 685 points (1.15 per cent), this relatively mid-size IT scrip has rallied by about 5 per cent on the BSE today.

It had a good rally with the Q3 result anticipation. The stock was up 15.78 per cent for the month till yesterday. Since Q3 results didn’t meet the expectation, the stock tumbled 15 per cent in the morning trading session. 

While the broad market Sensex has closed down by over 1 per cent, this Tata stock has rallied its way through to hit a fresh 52-week high of Rs 7,171.15 on the BSE today.

Star Housing Finance Limited has growth momentum for the quarter ending Dec 31, 2021. Total Income for the period ending 9 months to Dec 31, 2021 has increased 20.12 per cent y-o-y to Rs.13.75 crores. Net Interest Income increased by 9.75 percent y-o-y to Rs. 8.57 crores.

On Wednesday, Sensex and Nifty ended marginally lower at 58,927.33 level which is 0.13 per cent down and 17,546.70 level which is 0.09 per cent down, respectively. On the sectoral front, the realty index caught the limelight by climbing beyond 8 per cent whereas apart from bank and FMCG, all other indices settled in green. The broader markets witnessed a 1.51 per cent and 1.19 per cent rise in BSE Midcap and BSE Smallcap indices.

The company’s share price has more than doubled since the beginning of the year 2021.  Read onto find out further details of its Q1FY22 results.