Tata Investment Corporation's Q2 results showed an 8.8% year-over-year revenue increase, but a 0.6% profit decline, with a 12.45% revenue growth and 5.63% profit decrease quarter-over-quarter. Rising SG&A expenses impacted profit margins, but operating income grew 13.81% quarter-over-quarter and 10.74% year-over-year.
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Coal India, Hindustan Unilever (HUL) and REC Ltd among a host of other companies are likely to remain in focus this week as they are approaching their record dates for the purpose of dividends, bonus issues and stock splits. The record date is the date set by the company to decide the shareholders who are eligible to receive the offer.
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On Diwali, the NSE introduces the NSEIndia mobile app and expands its website to support eleven regional languages, enhancing accessibility and inclusivity for Indian investors. The app provides market insights, personalized watchlists, and derivatives market data, aiming to empower investors with intuitive tools and real-time information.
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