India Inc loosens purse strings to dole out bonuses as promoters see exit opportunity
An increasing number of companies have been doling out bonus shares since the past few months. This has come as a golden opportunity for some promoters waiting to take a quick exit from their holdings, thanks to the bonus-triggered boost in liquidity in the shares.
This home furnishing midcap stock postpones bonus share date
The companys shares got ex-bonus for its bonus share in the 1:1 ratio on December 21, while the record date intimated for the purpose of determining shareholders eligibility for the bonus share issue was December 22, 2022.This is the first-ever bonus share issue announced by the company.
Exclusive | Sheela Foam, Welspun and 3 PE firms in race to buy controlling stake in Kurlon
Apart from Sheela Foam, there are other contenders too, both strategic and private equity, which include the Welspun Group, Bain Capital, TA Associates and KKR
Exclusive | Sheela Foam, Welspun and three PE firms in race to buy controlling stake in Kurlon
Apart from Sheela Foam, there are other contenders too, both strategic and private equity, which include the Welspun Group, Bain Capital, TA Associates and KKR
Sleepwell maker Sheela Foam board approves merger of International Comfort Technologies with itself
As on the date of the approval of the scheme by the company, ICTPL is unlisted and wholly-owned by Sheela Foam, the company said in a regulatory filing.
Buy Sheela Foam, target price Rs 3650: ICICI Direct
Sheela Foam Ltd., incorporated in the year 1971, is a Mid Cap company (having a market cap of Rs 14294.09 Crore) operating in Consumer Durables sector.
Sheela Foam Ltd., incorporated in the year 1971, is a Mid Cap company (having a market cap of Rs 13895.54 Crore) operating in Consumer Durables sector.
Sheela Foam Ltd., incorporated in the year 1971, is a Mid Cap company (having a market cap of Rs 15425.12 Crore) operating in Consumer Durables sector.
RBI's Monetary Policy Committee kept the repo rate unchanged at 4%. The RBI is still pursuing a policy to protect the economic growth since the COVID-19 outbreak. However, inflation of 5.7% is still a concern demanding urgent regulations to tackle high prices. Nevertheless, the M......read more
Biggest gainers & losers of the day: Apex Frozen zooms; Alankit drops 9%
Vinod Nair, Head of Research at Geojit Financial Services said, "Led by realty, auto, energy and banking stocks, benchmark indices extended its winning streak for the fourth consecutive day despite the fast spread of covid cases. Global sentiments were positive ahead of the release of US inflation data as the Fed Chairs testimony eased worries."
SGX Nifty down 10 points; here's what changed for market while you were sleeping
Asian markets opened mostly lower on Friday in cautious trade after Wall Street shares closed flat with investors eyeing increasing virus cases. MSCI's broadest index of Asia-Pacific shares outside Japan was down by 0.47 per cent.
Sheela Foam looking at exports, import substitution as next big opportunities
The company, which recently completed 50 years of operations, is also looking to expand into beddings related adjacent areas such as bedsheets, comforters, duvets, and beds and bedroom furniture as it embarks on the journey for the next half century.
Sheela Foam donates 500 bedding units to Sardar Patel COVID Care Centre
"As the COVID-19 situation worsens in India, it is upon each and everyone of us to step up and support the healthcare infrastructure and the corona warriors in our own small ways," Sheela Foam Managing Director Rahul Gautam said.
This is a almost *debt free* company engaged in manufacture of foam-based home comfort products as well as technical grades of polyurethane foam. The said stock is currently down about 9% since suggested price. Post suggestion stock was up 11%.
Why companies like Sri Krishna Sweets, Hazoorilal Legacy are upgrading their online presence
Premium jewellery retailer Hazoorilal Legacy launched its ecommerce portal after 68 years of being present offline. The online boutique was launched in October and is currently shipping to Mumbai and Delhi NCR at no added cost to the customer.
Integrated Core Strategies acquires 0.69% stake in Bharti Airtel, DSP MF buys 1.2% in Sheela Foam
Bharti Airtel's share price fell nearly 2 percent on August 31 following a correction in the overall market on escalation in India-China border tensions
NSE-BSE bulk deals: ICICI Bank sells 2% in I-Sec; DSP MF laps up shares of Sheela Foam
The bank now holds 77.22 per cent stake in ICICI Securities. The sale was a step towards meeting Sebi guidelines of 25 per cent minimum public shareholding requirement.
India turns to cardboard beds in coronavirus battle
The low-cost beds are chemically coated to make them waterproof and can hold a 300-kilogramme (660-pound) load, said Vikram Dhawan, who along with his brother came up with the design while they were stuck at home during the country's months-long lockdown.
Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules, NHPC
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.
Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules India
Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.