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.

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.

The Nifty Realty index closed 1.45 per cent up at 450.15.

The Nifty IT index closed 0.15 per cent up at 30391.7.

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

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

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.

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.

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."

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.

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.

Company reported net profit after tax of Rs 58.37 Crore in latest quarter.

"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.

Sheela Foam Ltd., incorporated in the year 1971, is a Mid Cap company (having a market cap of Rs 6401.77 Crore) operating in Consumer Durables sector.

The index was trading 2.03 per cent up at 25001.35.

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.

The index was trading 1.25 per cent down at 24174.38.

The BSE Consumer Durables index was trading 0.35 per cent up at 24229.46.

The index was trading 2.87 per cent up at 23654.91.

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

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.

The BSE Consumer Durables index was trading 0.27 per cent up at 22953.21.

The BSE Consumer Durables index was trading 0.92 per cent lower at 21988.68.

The S&P BSE Consumer Durables index was trading 1.3 per cent down at 22168.08.

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.

Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.

Maruti Suzuki | Allahabad Bank | Future Lifestyle Fashions | ICICI Bank | Power Mech Projects | Manpasand Beverages and Usha Martin are stocks which are in news today.