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Zydus Wellness Dividend Declared: Consumer goods company Zydus Wellness on Monday announced a dividend of Rs 6 per equity share, a 60 per cent payout given the face value of Rs 10 per equity share. The subsidiary of pharmaceutical company Zydus Lifesciences also approved the audited financial results for the quarter and year ended on March…
Delhivery and Divi’s lab delivered a major positive surprise to its investors this week. Both companies previously criticised for their mounting losses and high cash burn, have posted their first-ever full-year profit. This turnaround sparked a sharp rally in the stocks, which surged nearly 12 per cent 6 per cent on May 19 to hit…
South Africa’s President Cyril Ramaphosa will begin a state visit to the United States on Monday in what his government describes as an attempt to “reset” the relationship between the two countries, which many experts say has become the frostiest in decades. The visit comes just days after the US welcomed a group of 59…
Defence shares on Dalal Street continued their relentless march on May 19, the seventh straight day of gains as investor confidence remained strong. Leaders such as Mazagon Dock Shipbuilders, Bharat Electronics Limited (BEL), and Bharat Dynamics reached new all-time highs as hopes of higher defence spending by the government and improved quarterly numbers fueled them. Defence index gains 24% in seven sessions The Nifty Defence index jumped almost 3 per cent on Monday to a high of 8,555, marking an extension of its great run that has now yielded a total 24 per cent return since the early weeks of May. Such sudden momentum is a vote of confidence in…
Textile stocks in Monday’s trade rallied with some of the stocks from the pack making sizable gains of up to 20 per cent. Stocks like Parmeshwari Silk Mills, Donear Industries, Advance Lifestyles, Samtex Fashions stood out as the top perfomers on May 19, 2025. Source link
The Indian Meteorological Department (IMD) has issued a yellow alert in Karnataka till Thursday (May 22). Several districts, including Bengaluru, have been put on high alert. According to the weather office, coastal and south interior Karnataka are expected to see extremely heavy rainfall today, May 19. It further stated that between 3 PM to 1…
Borana Weaves IPO News, Upcoming IPOs: Surat, Gujarat-headquartered Borana Weaves is all set to launch an initial public offer (IPO) on Tuesday, May 20. The IPO will comprise fresh issuance worth almost Rs 145 crore. If successful, the Borana Weaves IPO will lead to the listing of the company’s stock on exchanges BSE and NSE….
Mayeni Jones BBC News, Johannesburg Getty Images Illegal miners work in mines once owned by large multinationals, which abandoned them because they were no longer profitable This story contains details, including a video, that some people may find distressing. The most shocking thing for Jonathan, who had endured six gruelling months living and working underground…
Defense stocks in India are stretching their rally after a record surge last week, powered by strong earnings and signs of increased spending in the sector. Nifty’s cohort of 18 defense-related stocks soared to a new high Monday, taking gains this year to 28 per cent — the highest among thematic gauges in India. The…
An earthquake of magnitude 3.3 struck Himachal Pradesh’s Chamba on Monday, as per the National Center for Seismology (NCS). As per NCS, the tremor occurred at 10:44 am at a depth of 5 kilometres in the district. “EQ of M: 3.3, On: 19/05/2025 10:44:48 IST, Lat: 32.71 N, Long: 76.37 E, Depth: 5 Km, Location:…
