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HAL Rallies 3% to Hit All-Time High As Board To Consider Stock Split; Key Details to Know

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[ad_1] Last Updated: June 09, 2023, 11:49 IST HAL Share Price: Hindustan Aeronautics (HAL) shares rallied another 3 per cent in Friday’s trade to hit their new record highs as the company announced that its board of directors will meet later this month to consider the stock split proposals. The PSU counter has yielded multibagger returns to investors. The Indian public sector undertaking (PSU) major has said that its Board of Directors will later this month on June 27, 2023, meet for the consideration of a proposal to conduct a sub-division of equity shares or stock split. Splitting a stock typically increases the stock’s liquidity in the capital market and makes it more affordable for small investors. Doing so increases the number of shares in the market while keeping the stock’s market capitalization unchanged. The trading window for trading in the securities of the company shall remain closed for all insiders including designated persons, connected persons and their immediate ...

Stocks to Watch: Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and Others

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[ad_1] Last Updated: March 10, 2023, 09:06 IST Stocks to Watch on Friday. Stocks to watch: Shares of firms like Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and others will be in focus on Friday's trade. The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,473.50, down 144.5 points or 0.82% from the previous close. “The domestic market could hardly hold on to its previous gains as the Fed chair’s reaffirmation of his hawkish statement brought in more worries. In this backdrop, the upcoming US job data will have a substantial impact on the Fed’s policy decisions in its upcoming FOMC meeting. A stronger-than-expected jobs report will prompt the Fed to raise interest rates by 50 bps,” said Vinod Nair, Head of Research, Geojit Financial Services. Reliance Industries Reliance Industries group’s FMCG unit announced the relaunch of Campa Cola, alongwith two other flavors, almost 23 years aft...

Stocks to Watch: Tata Power, Tata Steel, Asian Paints, HAL, Biocon, Aether, and Others

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[ad_1] Stocks to watch June 9:  The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 18,756.50, up 36 points or 0.19% from the previous close. Aether Industries: Aether Industries Limited has inked a license agreement with Saudi Aramco Technologies Company for the commercialisation of the sustainable Converge polyols technology. L&T Finance Holdings: The Board of Directors of the Company has recommended a final dividend of Rs 2 per equity share for the financial year 2022-23. Arihant Capital Markets: A meeting of Board of Directors of the Company will be held on June 15, 2023, to consider and approve issuance of secured unlisted redeemable non-convertible debentures (NCD) on a private placement basis. Urja Global: Urja Global Limited entered into Agreement on June 7, 2023, with Tesla Power India Private Limited for the purpose of manufacturing and supply of batteries under the TESLA POWER U...