The board of directors of GHCL Ltd has recommended and approved a dividend of Rs 5.50 per share for FY21.  

Business for Steel Strips Wheels seems to be on a strong footing , as the company announced of receiving new export orders for over Rs 25 crore. Reacting to the news, the company’s stock is in green on Thursday despite a volatile stock market environment.  

The market opened in green on April 29, 2021.

India VIX is back in green thereby, indicating that volatility is rearing its ugly head. Going forward, the level of 14,880 can be an important level to watch out for on the index.  

GHCL: The company recommended a dividend of Rs 5.5 per share for the financial year ended March 31, 2021.   

PowerGrid InvIT is owned by the state-run Power Grid Corporation of India. It is coming out with its IPO. Read onto find out if you should subscribe to the issue.

When the price is being pushed up to the higher end of the range, sellers are letting it to run-up, to see how far the price can move. If it inches higher, it would fetch more profits for the sellers when they sell into it. Hence, as the price is approaching the upper end of the range, it tends to accelerate.

Cipla Limited, a global pharmaceutical company, announced this afternoon that it has entered into a non-exclusive licensing agreement with Merck & Co, Inc (MSD) for the manufacturing & distribution of Molnupiravir.

On Wednesday, SC Soft Private Limited (Singapore), a subsidiary of Aurionpro Solutions Limited signed a strategic alliance with Mastercard to provide services in the areas of contactless ticketing for transit operators & system integrators, enabling digital fare media adaptation and implementation globally.  

A 70-year-old global consumer food company, LT Foods Ltd is joining hands with Humankind Group (HKG), USA to explore an opportunity to develop commercial-scale biomass plants, which would recycle rice paddy straw into green energy and bio-fertiliser in India.