In the first tranche, the Centre is considering selling between 2.5% and 3% of its stake in the insurance giant. Motilal Oswal and IDBI Capital are expected to act as bankers for the upcoming offer for sale (OFS).
Stocks including LIC of India, Bharti Airtel, Titan Company, BSE, AU Small Finance Bank, Cummins, HPCL, Zydus Life, Nestle, and more will be in the spotlight on Friday, August 08.
Stocks including LIC of India, Eternal, BHEL, Trent, Hero MotoCorp, Bharat Forge, Fortis, Raymond, HUDCO and more will be in the spotlight on Thursday, August 07.
The week for quarterly earnings will kick off on Monday, August 4. Investors will track the results of DLF Ltd, a major real estate developer.
Paisalo: The non-banking financial company (NBFC) announced the record date for its final dividend for the financial year ended March 31, 2025 (FY25).
The LIC board had recommended an interim dividend of Rs 12 per share for FY25.
Data showed mutual funds accounted for 25.61 per cent stake in HDFC Bank as of June 30. Foreign portfolio investors (FPIs), on the other hand, owned 48.84 per cent stake in the private lender.
TCS promoters owned 71.77 per cent stake, or 2,59,65,58,628 shares in TCS at the end of March quarter, as per latest filing. They would receive Rs 2,856 crore in total dividend.
The domestic brokerage advises buying shares of LIC Housing Finance Ltd, Hero MotoCorp Ltd and Marico Ltd for near-term gains, backed by strong technical charts and favorable sector trends.
Stocks including HCL Technologies, Sun Pharma, LIC, RailTel Corp, Tata Technologies, Inox Wind, RVNL, Oberoi Realty and more will be in the spotlight on Tuesday, July 15.
Doraiswamy succeeds Sat Pal Bhanoo, who was appointed interim MD and CEO from June 8 to September 7, 2025, after the end of Siddhartha Mohanty's term on June 7.