Stock market news that you should not miss today

Here is the important stock market news to watch out for today.

May 25, 2021 7:45 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @15,145, resistance at 15,350.
  • FIIs bought shares worth Rs585.36cr (cash), sold Rs707.69cr in index futures.
  • US markets closed with gains. Asian Markets opened in the green.
  • Brent crude was 0.31% higher at $68.67 per barrel.
  • Grasim Industries has posted a 35.7% jump in its Q4 net profit at Rs480.2cr versus Rs353.8cr and revenue was up 18.4% at Rs4,394.2cr versus Rs3,712.1cr, yoy, reported CNBC-TV18.
  • PNB: Ashutosh Choudhury, General Manager (empanelled as Chief General Manager) has assumed the office of Group Chief Risk Officer (GCRO) of the bank w.e.f. May 24, 2021.
  • GMM Pfaudler Ltd (GMMP) has announced that it has commenced manufacturing operations at its facility at Vatva near Ahmedabad on May 24, 2021.
  • Bal Pharma Ltd is pleased to announce the launch of Favipiravir formulation into Indian market, under the brand name BALflu.
  • Kanpur Plastipack board of directors approved the payment of special interim dividend at 10% i.e Re 1 per equity share.
  • ADF Foods: Total income for quarter ended March 31, 2021 stood at Rs104.5cr compared to Rs85.8cr in Q4FY20, a growth of 22% yoy; the growth was driven by the export business as well as agency distribution business.
  • EPL Limited (formerly known as Essel Propack Limited), the world’s largest specialty packaging company, today shared that they have been selected as a partner by one of the world’s leading FMCG companies, GSK Consumer Healthcare (GSKCH), in their journey towards achieving 100% sustainability in the oral care segment.
  • Lakshmi Machine Works recommended a dividend of Rs 10 per equity share for the financial year ended March 31, 2021.
  • Bannari Amman Sugars board of directors recommended final dividend of Rs10 per equity share (100%).
  • JK Paper board of directors recommended a final dividend of Rs4 per equity share (40%).

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