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Maruti Suzuki India Q4 Results: Stock falls after lower other income, higher taxes dent profit
Maruti Suzuki India's net profit dipped due to sharp drop in other income and an increased tax expense. The board approved a final dividend of ₹140 per share for FY26.
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Smallcap stock Rolex Rings share price rockets 26% in two days ahead of board meet to consider buyback
Rolex Rings shares surged nearly 9% as the company's board is set to consider its first-ever share buyback on April 23. The stock has seen a significant 35% rise in just six sessions, fueled by the buyback announcement and strong Q3 financial results. The company reported a 136% jump in net profit and improved EBITDA margins.
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Buyback Alert: Auto parts manufacturer stock surges 13% on first ever repurchase plan
Within public shareholders, Mutual Funds of the country had a 28.7% stake, while over 71,000 retail investors, or those with authorized share capital of up to ₹2 lakh, had a 8.8% stake in Rolex Rings at the end of the March quarter.
Wipro announces ₹15,000 crore share buyback, offers 19% premium
Wipro plans Rs 15,000 crore share buyback, its largest ever, offering 19 per cent premium to market price as it looks to reward shareholders and support stock performance