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Infosys declares final dividend of Rs 17.50 per equity share for FY23.

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             Source - gettyimages Infosys, a leading Indian multinational IT company, has declared a dividend of Rs 17.50 per equity share for the fiscal year that ended on March 31, 2023. Infosys Ltd, a prominent Indian IT services provider, has reported its financial results for the fourth quarter that ended March 31, 2023 (Q4FY23). The company has revealed that its revenue from operations during the quarter has increased by 16% to Rs 37,441 crore compared to Rs 32,276 crore in the same period last year. The revenue growth in constant currency (CC) terms is 8.8% year-over-year and has fallen by 3.20% quarter-over-quarter (QoQ). This announcement of the dividend is expected to benefit the company's shareholders, as it indicates that the company has generated sufficient profits and has a positive outlook for the future. The increase in revenue and profit after tax is also a positive sign for the company's overall financial health. The compa...

The Top-Down Approach: A Methodical Way to Build a Winning Stock Portfolio"

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If you're interested in investing, you've probably heard of the top-down approach of investment. This is a popular investment strategy that involves analyzing the overall economic environment and then analysing specific sector and then picking individual stocks based on the analysis. Here's how it works: The top-down approach is an investment strategy that involves analyzing the bigger economic and market trends before selecting individual investments. This approach involves three main steps: Firstly, investors analyze the broader economic environment, including factors such as GDP growth, inflation, interest rates, and government policies. They then identify which sectors and industries are likely to benefit from these trends. Next, investors select the most promising sectors and industries based on their analysis. For example, if interest rates are expected to rise, financial companies may be a good investment because they tend to benefit from higher rates. La...

Vedanta announces fifth interim dividend of Rs 20.50 per share

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Vedanta Ltd, the natural resource conglomerate has declared its fifth interim dividend of a whopping 2050% percent to its shareholders. Vedanta Ltd has a very good track record of dividend payout. As you know that Vedanta Ltd is one of the leading metal stocks that regularly pays dividend to its shareholders. So far Vedanta Ltd has paid a dividend of whopping rupees 81/- per equity share to its shareholders of face value rupee 1/- to date. The current share price of Vedanta Ltd is 281.75 rupees apiece as of 29th March. This financial year the company has declared dividends five times. Vedanta Ltd board has approved the fifth interim dividend of rupees 20.50/- per equity share i.e., 2050 per cent of face value of rupee 1/- per share for the financial year 2022-23, which was filed by the company in the regulator. The net amount for the dividend payout is 7,621 crores. Thanks, Company has fixed 7 April 2023, as the dividend record date. Dividends that Vedanta announced so far ...