News for Balmer Lawrie Investments Limited (BLIL.BO)

Balmer Lawrie Investments' board will meet on May 21 to consider a buyback, bonus issue, stock split, and dividend. It will also review FY25 financials. The firm has a history of buybacks and recently split its stock. Dividend yield stands at 5.30%, with mixed stock performance in recent months.

The market capitalisation of India's listed public sector firms plunged ₹16.55 lakh crore since August 1, erasing nearly 30% of their value-the steepest decline among large groups.

Stocks including Ola Electric, LIC, Eicher Motors, GAIL, Sobha, SAIL, Nexus Select, SJVN, Biocon and more may remain under the spotlight before the opening bell on Friday, August 9.

The NSE Nifty 50 index declined by 0.74% to 24,117, while the S&P BSE Sensex fell by 0.73% to 78,886. The Reserve Bank of India maintained interest rates unchanged for the ninth consecutive meeting. Governor Shaktikanta Das cautioned against complacency despite falling core inflation

As many as 10 PSUs reported over 100% growth in net profit in Q3FY24 and 18 companies reported a profit growth of somewhere between 50% and 100%.

SAIL will turn ex-dividend on Wednesday. The state-run company had announced a final dividend of Re 0.50 per share. Wednesday would also be the record date for the purpose of determining eligible SAIL shareholders.

Balmer Lawrie Investments Ltd came into existence in the year 2001. It is a small-cap company with a market capitalization of Rs 941.61 crore. It operates in the Holding Company sector. The company has been in news lately. The board of directors of the company have announced equity dividend for its shareholders earlier this year on May 30, 2022.

Balmer Lawrie Investments is a government of India owned enterprise. The company tends to declare robust dividend year-on-year and has done do for the last few years.

Companies with a lot of debt can have a hard time getting through tough times. Companies with no debt exist, and they may be garnering the attention of huge investors who scrutinize debt indicators attentively during uncertain times. Here are 7 Indian stocks that pay high dividends and have zero debt on the company.

BSE Sensex and Nifty 50 set to see a muted opening on Tuesday, as Nifty futures fell 21 points to 15,853 on Singaporean Exchange