Vindhya Telelinks Limited approved dividend at the rate of INR 15/- only per equity share of face value of INR 10/- each fully paid-up of the Company, as recommended by the Board of Directors, be and...
Vindhya Telelinks Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 8,508.17 million compared to INR 3,139.82...
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Smallcap companies are stealing the show and driving growth for portfolios of retail investors, with mid and smallcap indices already at record highs. A study by ETMarkets showed the FY23 EPS of 116 smallcaps surged by over 100%, with at least 11 of these companies reporting growth of more than 1,000%. Telecom firm Vindhya Telelinks topped the list, with its EPS increasing 9,488% to Rs 156.37, while multibagger stock Ramky Infrastructure saw a 4,729% spike to Rs 164.83. Analysts recommend investing in small companies with high growth rates and low starting valuations to maximise returns.
Benchmark indices held minor cuts in Monday's session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday.
The biggest beneficiaries would be the infrastructure segment, capital goods, real estate, railways, power, fintech, agriculture, defence and banks, say experts. One of them said the Budget will be negative for the entire PSU and PSU bank space since there were no major announcements on divestments.
Read more about Calcutta HC dismisses contempt petitions against Harsh Vardhan Lodha on Business Standard. According to the Lodhas, the 'landmark judgment' clears the decks for Harsh Lodha to continue as the chairman of all companies of the MP Birla Group