The record date for determining the shareholders who are eligible for the equity dividend is August 30, 2024.
The surge in ACE stock price came after the company announced that it has bagged an order from the Ministry of Defence (MoD).
The facility was inspected between August 12 and 16, 2024, the company said.
Coromandel International stock rose as much as 5.60 per cent in intraday deals to hit a fresh all time high of Rs 1,779.90 per share.
The cost of the project is Rs 899 crore, the company said in a statement.
It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities
The fall in the share price came after the company announced a weak set of June quarter (Q1FY25) results.
The uptick in the share price came after the company announced a strong set of June quarter of financial year 2025 (Q1FY25) results.
At 6:31 AM, GIFT Nifty futures surged 230 points, trading at 24,367, suggesting a strong start for Indian stocks.
The jump in the stock price came after the company's profit zoomed 54.8 per cent quarter-on-quarter (Q-o-Q) to Rs 573.4 crore in the June quarter of FY24, from Rs 370.5 crore in Q4FY24.
The uptick in the share price came after the company announced a strong set of Q1FY25 results.
As of 6:31 AM, GIFT Nifty futures were up 84 points, trading at 24,140.5, suggesting a positive start for the Indian bourses.
Nifty gave up early gains on Aug 06 to end in the negative. In the process it formed a pattern known as Bearish side by side black candle.
The uptick in the stock price came after the company posted a strong set of numbers in the June quarter. The board also announced a dividend and share buyback, which further fuelled the stock rally.
The share price rose after the company reported a strong set of numbers in the June quarter of financial year 2025 (Q1FY25).
The uptick came after Angel One announced a strong set of numbers in its July business update.
The uptick in the share price came after Patel Engineering announced that the Office of the Executive Engineer, Govt Maharashtra has awarded the company, along with its JV, a Rs 317.60 crore contract.
The Nifty50 surged 1.35 per cent, adding 327 points to hit an intraday high of 24,382.60, while the BSE Sensex gained 1,100 points, or 1.38 per cent, hitting an intraday peak of 79,852.08.
The inspection at the Hyderabad facility took place between July 25, 2024 and August 02, 2024.
The company is positioned to achieve revenue growth exceeding 1.5X that of the underlying industry growth, while maintaining robust EBITDA margins, driven by promising prospects in the 2W and PV.