Dividend stocks:In the upcoming week starting November 20, several Indian companies, including Coal India, Oil…
Dividend stocks: Crisil, IPCA Labs, Oil India, 4 other stocks to trade today’s old shares
Dividends and Corporate Actions Update – November 22, 2023:Several companies, including Crisil Ltd, Ingersoll-Rand (India) Ltd, IPCA Laboratories Ltd, National Aluminum Co. Ltd, Oil India Ltd, Pearl Global Industries Limited, TD Power Systems Ltd, and HG Industries Ltd, are in the spotlight as they declare interim dividends and corporate actions for eligible shareholders.
Interim Dividends:
- Crisil Ltd:
- Declared an interim dividend of ₹11 per share.
- Reported a 2.8% YoY increase in consolidated net profit to ₹152 billion for Q3 ending September 30, 2023.
- Ingersoll-Rand (India) Ltd:
- Announced an interim dividend of ₹50 per share.
- Registered a 40.19% YoY increase in net profit to ₹49.71 crore for the September quarter.
- IPCA Laboratories Ltd:
- Announced an interim dividend of ₹2 per share.
- Reported marginal growth (0.7%) in total net profit to ₹145 billion in Q2 of the current fiscal.
- National Aluminum Co. Ltd (Nalco):
- Declared an interim dividend of ₹1 per share.
- Recorded a 49.3% increase in consolidated profit to ₹187.35 crore for the September quarter.
- Oil India Ltd:
- Declared an interim dividend of ₹3.50 per share.
- Experienced a 79.8% quarter-over-quarter decline in net profit to ₹325.3 billion for Q2 ending September 30, 2023.
- Pearl Global Industries Limited:
- Declared an interim dividend of ₹12.50 per share.
- Reported a net profit of ₹1.20 crore in the September quarter, down 78.63% from the previous year.
- TD Power Systems Ltd:
- Announced an interim dividend of ₹0.50 per share.
- Recorded a 64.68% YoY increase in net profit to ₹32.77 crore for the September quarter.
Corporate Action:
HG Industries Ltd:
- Announced a share consolidation.
- The stock market closed with HG Industries Ltd shares at ₹278, reflecting a 4.97% increase on the BSE on Tuesday.
This Post Has 0 Comments