Amara Raja: Board recommends final dividend
Amara Raja: Board recommends final dividend

Amara Raja: Board recommends final dividend

Geyatee Deshpande Article rating: 5.0

The Board of Directors of Amara Raja Batteries have recommended a final dividend of Rs. 5.08 per equity share (representing 508 per cent) on the equity share of Rs. 1 each fully paid up for by the end of the financial year March 31, 2019.

Overnight Digest: Stocks to watch out on June 21
Overnight Digest: Stocks to watch out on June 21

Overnight Digest: Stocks to watch out on June 21

Geyatee Deshpande Article rating: 3.8

Sensex recovers stupendously by 488 points. Stocks to watch out on June 21 include Kewal Kiran Clothing, Glenmark Pharmaceuticals, MAN Industries, NTPC and PSP Projects.

Jain Irrigation plunges post rating downgrade
Jain Irrigation plunges post rating downgrade

Jain Irrigation plunges post rating downgrade

Geyatee Deshpande Article rating: 3.4

India Ratings and Research has downgraded Jain Irrigation’s long-term issuer rating to 'IND BBB' from 'IND A-' and has placed it on a ‘Rating Watch Negative’(RWN). Reacting to this development, the stock of the company plunged by 28.10 per cent.

MIDHANI and HAL partner to develop bio implants
MIDHANI and HAL partner to develop bio implants

MIDHANI and HAL partner to develop bio implants

Geyatee Deshpande Article rating: 3.6

Mishra Dhatu Nigam Limited (MIDHANI) signs an MoU with Hindustan Antibiotics Limited (HAL). This MoU will provide synergy for quality manufacturing of MIDHANI’s Bio-medical Implants and get access to the pan-India distribution of HAL. This partnership is aimed to gain advantage from the strengths of both the companies and benefit users of Bio-medical products in India.

Overnight Digest: Stocks to watch out for June 18
Overnight Digest: Stocks to watch out for June 18

Overnight Digest: Stocks to watch out for June 18

Geyatee Deshpande Article rating: 5.0

As the Sensex fell by around 500 points on Monday, the market is poised for an interesting trading session on June 18. Here are some stocks to follow on June 18; Cadila, Canara Bank, TATA Consultancy Services, Varun Beverages and Himatsingka Seide.

Piramal Enterprises sells stake in Shriram Transport
Piramal Enterprises sells stake in Shriram Transport

Piramal Enterprises sells stake in Shriram Transport

Geyatee Deshpande Article rating: 5.0

Piramal Enterprises has sold its entire holding in Shriram Transport Finance to third-party investors. Piramal had a direct investment of 9.96 per cent in the fully paid-up share capital of Shriram Transport.

Jet Airways to be placed under T2T; stock down 17 per cent
Jet Airways to be placed under T2T; stock down 17 per cent

Jet Airways to be placed under T2T; stock down 17 per cent

Geyatee Deshpande Article rating: 5.0

Jet Airways shares fell by around 17 per cent on Thursday after NSE announced to pull shares of the company out of Futures and Options trading from June 28 because the company has failed to respond to queries and rumours in the market.

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