What is CMP in the Stock Market?
In previous times, the stock market was a physical space that traders set up offices and desks at, and stocks, shares and bonds were traded in physic…
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29 Dec, 2021
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A subsidiary of the Indian conglomerate Reliance Industries Limited, Reliance Industries Limited works in the refining, petrochemicals and oil and gas sectors. It encompasses both the manufacturing and marketing of petroleum products in Refining. It is within the Petrochemicals division that petrochemical goods are manufactured and sold. Extraction, development, and production of oil and gas make up the Oil and Gas segment. Organized retail in India is included in the section.
A wide range of digital services is offered in India, as well as investments in the telecom infrastructure market. Non-banking financial services and insurance broking fall under the Financial Services segment, which manages and deploys the Company's identified resources. Others include textiles, SEZ development, and media.
For chemical products, the petchem giant has struck a $2 billion cooperation with Abu Dhabi firm. With a $2 billion investment, the joint venture will build and run a chlor-alkali, polyvinyl chloride and ethylene dichloride production facility. The Reliance Industries share price today (14 December) is Rs 2,396.
Larsen & Toubro Limited is a company that specializes in engineering, procurement, and construction work. It produces solar photovoltaic-based power plants that assist clients save money on their energy bills while also helping to reduce greenhouse gas emissions from indirect energy consumption.
Infrastructure, which is involved in the design, development, serial production, and support of buildings and factories, transportation infrastructure, and heavy civil infrastructure; Power, which provides solutions for coal-based and gas-based thermal power plants; Heavy Engineering, which manufactures and supplies custom designed, engineered critical equipment and systems; and Defense Engineering, which is involved in the design, development, serial production, and support of defence equipment. Communication initiatives, marketing, and service of construction and mining machinery and parts are among the other segments.
Saudi Aramco has signed a first agreement to expand manufacturing capabilities in Saudi Arabia. Larsen will build the area's 1sr vessels manufacturing at Jubail Industrial City, according to the plan. The L&T share price today (14 December) is Rs 1,868.
Hindustan Zinc is an Indian corporation that specializes in the smelting and mining of lead, zinc and silver. In the state of Rajasthan, the Company operates around five zinc lead mines, around 4 zinc smelters, a lead smelter, a zinc-lead smelter, about 7 sulfuric acid plants, a silver refining facility, and around 6 captive power plants.
The company also operates a rock-phosphate mine in Maton, Rajasthan, near Udaipur, as well as zinc, lead, and silver processing and refining facilities in Uttarakhand. Wind power plants are also located in Gujarat, Rajasthan, Tamil Nadu, Karnataka and Maharashtra. Its principal lead-zinc mines at Sindesar Khurd and Rampura Agucha, as well as smelting complexes in Dariba and Chanderiya, all in Rajasthan, with a metal output capacity of over one million tons per year.
The firm has declared a $1 billion interim dividend for its stockholders (about Rs 7,605.57 crore). The board of directors has approved a dividend of 18 cents per share, reflecting a dividend yield of 5.09 percent based on the stock's closing price on December 7th. Vedanta Ltd, which owns 64.92 percent of the company, is likely to receive a dividend payment of about Rs 4,937.68 crore. The Hindustan Zinc share price today (14 December) is Rs 344.55.
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