Maharatna PSU power financier REC Limited on Monday announced a fourth interim dividend of ₹3.20 per share and fixed Friday, March 20, as the record date to determine eligible shareholders. “…this is to inform that the Board of Directors ofREC Limited (“REC” / “the Company”) in its meeting held on March 16, 2026, considered and…
Keeping its losing streak for the third straight session on Friday, March 13, State Bank of India (SBI), the country’s largest bank, dropped another 3% to the day’s low of ₹1,052.60 apiece as investor concerns grew that rising yi bondelds could put pressure on banks’ treasury portfolios, given that state-owned banks maintain large holdings of…
Dividend stocks: The record date for railway PSU stocks — Indian Railway Finance Corporation (IRFC) and RailTel Corporation of India — is slated for Friday, March 12. This means that IRFC and RailTel will trade ex-dividend date tomorrow. Investors looking to bank on the dividend payment need to understand that only those whose names appear…
Maharatna PSU stock GAIL India rebounded on Thursday, March 5, snapping its four-day losing streak even as the company informed bourses about supply disruptions from one of its long-term suppliers, Petronet LNG. In an exchange filing earlier today, GAIL India said that Petronet LNG has issued a Force Majeure notice on March 3, 2026, under…
Multibagger defense stock Hindustan Aeronautics Ltd (HAL) is likely to hog the limelight on Wednesday, March 4, after the company secured a contract worth ₹2,901 crore from the Ministry of Defense (MoD). As part of the deal, HAL will supply six Advanced Light Helicopters (ALH) Mk-III configured for maritime operations to the ministry. “The contract…
IRFC OFS: The offer for sale (OFS) by railway PSU stock, Indian Railway Finance Corporation (IRFC), is set to open for retail investors today, February 26, after it failed to get full subscription from the institutional buyers. The multibagger PSU stocks ₹5,430 crore OFS was booked 94.98% on the first day. At an indicative price…
Canara Bank share price today: Continued to build on gains, Canara Bank share price stayed higher for the second day on Monday, February 23, rising another 2% to the day’s high of ₹157 apiece. Today’s rally contributed to a 6.3% gain month-to-date, erasing all of its losses made in January and turning the stock positive…
The Indian stock market is currently traversing a phase of consolidation amid mixed earnings trends, global macro crosscurrents, and evolving structural shifts, particularly in the IT space. While domestic fundamentals remain resilient, sectoral divergences and elevated valuations in pockets warrant a calibrated investment approach. With the Q3FY26 earnings season nearing completion, results from 460 companies…
PSU banking stocks continued to ride the bull run for the third straight session on Wednesday, February 18, even as the broader markets remained range-bound. After rising 2.11% in the previous session, the Nifty PSU Bank index advanced another 1.54% to hit a fresh record high of 9,647, taking its three-day cumulative gain to nearly…
OMC stocks to buy: Refining margin boost, decline in crude prices and lower LPG under recoveries boosted the performance of oil marketing companies (OMCs) during the third quarter of the financial year 2025-26 (FY26). Oil marketing companies’ EBITDA and PAT came in at ₹₹39,500 crore ₹23,740 crore, respectively for Q3FY26 – up 91% or 2.4x…
