Increased Share Price Target for Samvardhana Motherson Granted with a SELL Rating by Citi: Justifying the Five Factors
In today's edition, we bring you a selection of the latest developments from the world of business, markets, companies, and economy.
MobiKwik Takes Action Against Merchant Accounts
MobiKwik, the popular digital payments platform, has recently announced that it has frozen approximately 2000 merchant accounts due to significant losses. The move is part of the company's efforts to streamline its operations and ensure the sustainability of its business.
Dividend Opportunities Abound
Shareholders of certain companies have an opportunity to receive a dividend of up to Rs 50 per share. The record date for this dividend is set for next Monday. Meanwhile, the National Securities Depository Limited (NSDL) has announced that the dividend record date is today, 17th September 2021. The credit date for NSDL dividends will be scheduled after Diwali.
Samvardhana Motherson Share History Under Scrutiny
The current topic of discussion in business circles is the history of Samvardhana Motherson, a leading automotive components supplier. Despite extensive research, the identity of the company's current financial advisor remains unspecified.
TCS and Vodafone Idea Ink Major Deal
In a significant move, Tata Consultancy Services (TCS) and Vodafone Idea have entered into a five-year partnership. The details of this collaboration have yet to be disclosed, but it is expected to have a substantial impact on both companies' operations.
Net Direct Tax Revenue Surges
The Government of India has reported a 9% increase in net direct tax revenue, reaching Rs 10.82 lakh crore by 17th September 2021. This significant growth in revenue is a positive sign for the country's economic recovery.
Stocks to Watch Today
Investors are advised to keep a close eye on several stocks today, including Vedanta, JSW Energy, Adani Group stocks, Oil India, and more. These companies are expected to make important announcements or see significant movements in the market.
Derivative Trading Explained
For those interested in delving deeper into the world of stock market trading, an explanation of derivative trading has been provided. This comprehensive guide discusses the intricacies of futures and options, two essential components of derivative trading.
A List of Stocks with Dividends, Splits, and Rights Issues
A list of 123 stocks with dividends, splits, and rights issues is now available for investors to review. This resource provides valuable insights for those looking to make informed decisions about their investments.
As always, we encourage our readers to conduct thorough research and consult with financial advisors before making any investment decisions. Stay tuned for more updates on the ever-evolving world of business and markets.
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