Stocks including Kotak Mahindra Bank, NPTC Green, BPCL, RailTel, Hindustan Unilever, Zen Tech, Bank of Baroda, BEML, auto stocks and more will be in the spotlight on Monday, November 03.
Patanjali Foods ex-bonus: The multibagger FMCG stock is showing up to 67 per cent fall in some trading apps today as all these the shares turned ex-bonus, adjusting to the corporate action.
Stocks including Dr Reddy's Labs, Adani Ports, Tata Motors, Mazagon Dock, RVNL, Bajaj Finserv, Biocon, Jupiter Wagons and more will be in the spotlight on Thursday, September 11.
With bonus shares viewed as a sign of strong balance sheets and positive outlooks, investors should mark these record dates and review their portfolios accordingly.
The ONGC board, at its meeting held on May 21, had considered and approved a final dividend of Rs 1.25 per share with a face value of Rs 5 each.
Patanjali Foods' stock will also trade ex-dividend on September 3 this year. The company has announced dividend of Rs 2 per share.
ICICI Securities initiated an 'ADD' rating on Patanjali Foods with a target price of Rs 2,100, implying a 15 per cent upside from Tuesday’s closing price.
Patanjali Foods has announced its first-ever bonus issue in a 2:1 ratio, meaning shareholders will receive two additional shares for every one share held. The stock has already shown strong momentum in the past couple of sessions, trading around ₹1864 at present. While the record date is yet to be announced, market expert Raghavendra believes the stock looks promising and suggests a possible upside of ₹100 in the near term. He also advises that investors could consider entering around the ₹1600–₹1615 levels if there is a correction. In this video, we break down the bonus announcement and what it means for investors going forward.
Patanjali Foods bonus issue: The announcement coincides with the company's stock trading at Rs 1,864.3, having gained 11% over the past five sessions, thus maintaining a positive trajectory for the year.
Join Shailender Bhatnagar on Business Today Television for the latest, sharpest market commentary as the Nifty heads into its weekly expiry. Today’s action sees a mild recovery in the index after several days of selling triggered by global tariff tensions, with standout performances from State Bank of India and public sector banks leading the charge. All 12 constituents of the Nifty PSU Banking Index are showing gains, fuelled by SBI’s ambitious ₹25,000 crore QIP and surging volumes in smaller banks like Punjab & Sind Bank and Indian Overseas Bank. Meanwhile, landmark highs for the Nippon India PSU Banking ETF and robust moves in stocks like NAM India, Patanjali, and Network18 are grabbing attention. Amidst continued pressure on IT due to underwhelming corporate earnings, defensive sectors such as pharma and FMCG have attracted investor interest. Tune in as we break down sectoral trends, top trades, record ETF returns, and what’s driving sentiment in the countdown to the weekly Nifty expiry





