Monday, September 14
Smallcap stock Sandur Manganese & Iron Ores on Tuesday informed the exchanges that its board will meet on Friday, August 8 at 12.30 pm to consider a proposal for issue of bonus shares to the equity shareholders of the company. The company last issued bonus shares in the ratio of 5:1 in February 2024.The announcement was made today during the market hours and shares of Sandur Manganese & Iron Ores closed at Rs 468.15, gaining 19.25 or 4.3% over the Monday closing price.The company will also declare its quarterly earnings on Friday.Sandur Manganese is an integrated and diversified commodity producer having a presence for over six-and-a-half in mining. The company has expanded beyond mining operations to include the production of ferroalloys, coke and energy, and continues to work tow
New Delhi: Major global and Indian brokerages remain optimistic on Vedanta Ltd's performance for FY26, citing stronger LME pricing trends, cost discipline, deleveraging, and a resilient aluminium business among the key growth drivers. These firms have also taken note of the several growth projects scheduled for commissioning or completion in the next few quarters. JP Morgan noted that Vedanta's first quarter consolidated EBITDA was largely in line with estimates, with key segments such as aluminium, oil and gas, and power faring better than its expectations, leading to an overall segmental EBITDA beat. On the earnings trajectory for the current and next fiscal, the firm expects various ongoing initiatives at Vedanta to aid growth. "Vedanta's capacity expansion journey in the aluminium busi
Pakistan violated the ceasefire along the Line of Control in Jammu and Kashmir’s Poonch sector on Monday, engaging in unprovoked firing, official sources told PTI.The Indian Army retaliated to the ceasefire violation, with the exchange of fire lasting for 15 minutes. No casualties have been reported so far, official sources said.August 5 marks six years since the abrogation of Article 370, which rendered Jammu and Kashmir of its statehood, converting the former state into three Union Territories.Ever since the abrogation, the majority of politicians and leaders in Jammu and Kashmir have been demanding the restoration of statehood. The demand for reinstating the statehood of J-K has intensified after the Omar Abdullah government was formed, following the assembly elections.As the Bharatiy
