The Indian stock market closed on a down note last Friday, with Sensex dropping by 48 points to 65,970 and Nifty losing 7 points to settle at 19,794.
Nitin Castings is gearing up for an extraordinary general meeting on December 8, 2023, which will put its shares in the spotlight. The ex-date for EGM is stated to be December 1, so it’s an event to watch out for.
Alphalogic Industries Ltd has also announced an ex-bonus date of December 1, 2023, as the firm declared a bonus issue of shares in the ratio of 1:1.
Meanwhile, The Byke Hospitality and Gujarat Investa are set to hold their own extraordinary general meetings on December 7, 2023, with an ex-date for EGM falling on November 30, respectively. These developments are expected to impact the performance of their shares.
Milkfood is also expected to turn ex-dividend on November 29, 2023, following the firm’s declaration of an interim dividend of Rs 2.5 per share. On the other hand, Veeram Securities and Talbros Automotive Components are set to trade ex-dividend from November 28, 2023, after declaring interim dividends of Rs 0.05 and Rs 0.2 per share, respectively. These events will likely influence the trading dynamics of these stocks.
Furthermore, Indian Oil Corp has revealed its plans to double the capacity of its liquefied natural gas (LNG) import terminal at Ennore in southern India. This announcement was made by Sandeep Jain, the company’s executive director for gas business.
It’s important to note that the recommendations, suggestions, views, and opinions provided by the experts are their own and do not necessarily represent the views of Business Today. As always, investors are strongly advised to consult their financial advisors before making any investment decisions.
The upcoming events and announcements for these stocks make them worth keeping an eye on for the next trading week.
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