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Stocks in the news: Adani Power, Mphasis, PVR, Muthoot Finance, Cipla and NMDC

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Nifty futures on the Singapore Exchange traded 161 points, or 1.08 per cent, higher at 15,114.50 in signs that Dalal Street was headed for a gap-up start on Monday. Here are a few stocks which may buzz the most in today s trade:
Adani Power: The company has made a Rs 2,600-crore offer to acquire Essar Power MP under the Insolvency and Bankruptcy Code (IBC) rules, according to multiple sources.
Mphasis: Negotiations between Blackstone Group and Carlyle for the biggest technology takeover in India have hit a bump as Mphasis share price continues to soar, people involved in the matter said.
PVR: Multiplex major ....

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Board of ICICI Lombard General Insurance Co. recommends interim dividend

Of Rs 4 per shareICICI Lombard General Insurance Co. announced that the Board of Directors of the Company at its meeting held on 5 March 2021, inter alia, have recommended the interim dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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ICICI Lombard dividend | ICICI Lombard board approves interim dividend of Rs 4 per equity share

Updated Mar 05, 2021 | 16:53 IST
The interim dividend will be paid to those Shareholders whose names appear in the record of the Company/Depository as on the Record Date i.e. Friday, March 19, 2021
ICICI Lombard board approves interim dividend of Rs 4 per equity share | Photo Credit: BCCL
New Delhi: The Board of Directors of ICICI Lombard General Insurance on Friday said that its board has approved an interim dividend of Rs 4 per equity share and will be paid on or before April 4, 2021.
In a regulatory filing, the company said that Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we wish to inform you that the Board of Directors of the Company at their Meeting held today i.e. Friday, March ....

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ICICI Lombard dividend: ICICI Lombard board approves Rs 4/share interim dividend for FY21

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NEW DELHI: ICICI Lombard General Insurance has approved an interim dividend of Rs 4 per share for the current fiscal in the midst of a pandemic year as also the sectoral regulator asking insurers to take a conscious call on dividends due to pandemic-induced economic stress.
We wish to inform you that the board of directors of the company at their meeting held today i.e. Friday, March 5, 2021 in Mumbai, has approved declaration and payment of interim dividend of Rs 4 per equity share i.e. at the rate of 40 per cent of face value of Rs 10 each, for FY2021, ....

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Broker's call: ICICI Lombard (BUY) - The Hindu BusinessLine

Broker s call: ICICI Lombard (BUY)
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Updated on
CMP: ₹1,480.65
ICICI Lombard General Insurance Company Limited (ICICIGI) is one of the leading private sector non-life insurers in India. The company offers a comprehensive and well-diversified range of products, including motor, health, crop, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels like individual agents, corporate agents – banks, other corporate agents, brokers, MISPs, digital and direct sales.
The company commenced operations in 2002 after obtaining regulatory approval from IRDAI.
For YTD FY21, ICICI Lombard reported a 3.85 per cent y-o-y increase in premiums to ₹11,951.35 crore. At ₹313.53 crore in December 2020, quarterly net profit rose 6.6 per cent from ₹294.11 crore in December 2019. In December 2020, EBITDA stood at ₹418.23 crore, up 7.26 per cent from ₹389.92 crore in December 2019. ....

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