
Why are Vedanta, ITC shares trading higher today
Shares of Vedanta and ITC are trading ex-dividend today; both companies have set May 30 as record date for dividend payout
Shares of Vedanta and ITC are trading ex-dividend today; both companies have set May 30 as record date for dividend payout
This smallcap iron and steel company has risen 120% in the last one year and 75% in six-month period.
The share price of speciality marine chemical manufacturer listed at ₹450 on the NSE, up 10.56% against its issue price of ₹407 apiece.
The largecap stock witnessed sharp selling today as investors were waiting for the listing of bonus shares after the lock-in period ended on November 10.
The IPO of both companies received strong demand from qualified institutional buyers, but a relatively muted response from high networth individuals (HNIs) and retail investors.
The stock has touched a fresh all-time high of ₹672.75 intraday today, breaching its previous high of ₹598.90 touched on November 24, 2017.
The pharma stock touched an all-time low of ₹1,891 on the BSE on Thursday after it reported disappointing earnings in the September quarter.
The rally on D-street made investors richer by ₹4 lakh crore as market capitalisation of all BSE-listed stocks rose to ₹273.8 lakh crore.
Tata Steel share price dropped 3.3% to ₹96.55 on Tuesday, hitting its lowest level since the stock turned ex-date for a 1:10 stock split on July 28, 2022.
The multibagger stock has more than doubled investors’ money in just seven trading days, from ₹169 on September 12, to ₹356 on the BSE today.