Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions

Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions
Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions
Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions
Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions

Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions

Stock Market Buzz: Upcoming Ex-Dividend and Corporate Actions. Image/Mint

Investors and traders alike are gearing up for a week filled with significant corporate actions in the stock market. From ex-dividend dates to stock splits and buybacks, the week starting from Monday, September 11, is poised to bring noteworthy changes in the landscape of several stocks. Here’s a comprehensive breakdown of what to expect in the coming week.

Understanding Ex-Dividend Date

The ex-dividend date is a pivotal day for investors as it marks the point at which a stock’s price adjusts to reflect the impending dividend payout. Once this date arrives, the stock no longer carries the value of its next dividend payment. To be eligible for dividends, shareholders must be listed on the company’s record by the end of the record date.

Stock Splits and Buybacks

On Monday, September 11, ADF Foods will undergo a stock split, reducing the face value of its shares from ₹10 to ₹2. Similarly, Sarveshwar Foods will see a stock split from ₹10 to ₹1 on Friday, September 15. Additionally, Power Grid Corp is set to trade ex-bonus on Tuesday, September 12, while Sarveshwar Foods and Tinna Rubber and Infrastructure Ltd will follow suit on September 15. Larsen & Tuobro (L&T) is planning to declare a buyback of shares on September 12. Meanwhile, JHS Svendgaard Laboratories Ltd will undergo a spin-off on September 11, and Bajaj Electricals is scheduled for a spin-off on Thursday, September 14.

Notable Dividend Declarations

Several companies have declared dividends for the upcoming week. Here are some key details:

Gujarat Gas: The company has declared a final dividend of ₹6.65, and shares will trade ex-dividend on September 11.

Lakshmi Mills Company: With a dividend declaration of ₹9, shares will trade ex-dividend on September 14.

Apollo Pipes: The company has announced a final dividend of ₹0.06, and shares will trade ex-dividend on September 15.

Indian Railway Finance Corporation (IRFC): IRFC is set to distribute a final dividend of ₹0.07, with shares trading ex-dividend on September 15.

Jindal Stainless: The company is offering a final dividend of ₹1.15, and shares will trade ex-dividend on September 15.

Multi Commodity Exchange of India (MCX): MCX has declared a dividend of ₹19.09, with shares trading ex-dividend on September 15.

A Look at the Full List

For a comprehensive overview of the stocks trading ex-dividend during the upcoming week, consider the following list:

Monday, September 11: Asahi India Glass Ltd, Dilip Buildcon Ltd, Dynamic Industries Ltd, Garware Technical Fibres Ltd, Gujarat Gas Ltd, Hisar Metal Industries Ltd, Jost’s Engineering Co. Ltd, Landmark Cars Ltd, Manorama Industries Ltd, Nitin Spinners Ltd, Perfectpac Ltd, Pokarna Ltd, Premier Polyfilm Ltd, Sterling Tools Ltd.

Tuesday, September 12: AIA Engineering Ltd, Bhagwati Autocast Ltd, Dhunseri Tea & Industries Ltd, Hindustan Hardy Ltd, Jupiter Wagons Ltd, MSTC Ltd, Prithvi Exchange (india) Ltd, RACL Geartech Ltd, Skipper Ltd.

Wednesday, September 13: Alicon Castalloy Limited, Cindrella Hotels Ltd, Compucom Software Ltd, Dhunseri Ventures Ltd, Gokaldas Exports Ltd, Halder Venture Ltd, Hester Biosciences Ltd, Hinduja Global Solutions Ltd, Kalyani Forge Ltd, Mangal Credit And Fincorp Ltd, Oricon Enterprises Ltd, POCL Enterprises Ltd, Sandur Manganese & Iron Ores Ltd, Vijaya Diagnostic Centre Ltd.

Thursday, September 14: Akar Auto Industries Ltd, Amrutanjan Health Care Ltd, BLS International Services Ltd, Caplin Point Laboratories Ltd, Dhunseri Investments Ltd, Divyashakti Ltd, Dr. Agarwals Eye Hospital Ltd, Ganesha Ecosphere Ltd, GOCL Corporation Ltd, Investment & Precision Castings Ltd, J.Kumar Infraprojects Ltd, Lakshmi Mills Company Ltd, Lambodhara Textiles Ltd, Manaksia Ltd, Murudeshwar Ceramics Ltd, Nikhil Adhesives Ltd, Paisalo Digital Ltd, Patels Airtemp (India) Ltd, Prestige Estates Projects Ltd, Radico Khaitan Ltd, Refex Industries Limited, Reliance Chemotex Industries Ltd, RHI Magnesita India Ltd, Rubfila International Ltd, Sakthi Finance Ltd, Sandhar Technologies Ltd, TPL Plastech Ltd, TV Today Network Ltd, Vadilal Industries Ltd, Wep Solutions Ltd.

Friday, September 15: Amines & Plasticizers Ltd, Apollo Pipes Ltd, Ashok Alco-Chem Ltd, Arihant Superstructures, Bigbloc Construction Ltd, Cantabil Retail India Ltd, Capital India Finance Ltd, Creative Castings Ltd, CSL Finance Ltd, Dai-ichi Karkaria Ltd, Everest Kanto Cylinder Ltd, Elcid Investments Ltd, Eldeco Housing & Industries Ltd, Empire Industries Ltd, Entertainment Network (India) Ltd, Exhicon Events Media Solutions Ltd, Garden Reach Shipbuilders & Engineers Ltd, HBL Power Systems Ltd, HMA Agro Industries Ltd, Indo Thai Securities Ltd, Indraprastha Medical Corp. Ltd, Indian Railway Finance Corporation Ltd, Jindal Stainless Ltd, Jyoti Resins & Adhesives Ltd, Kilpest India Ltd, Krsnaa Diagnostics Ltd, Lincoln Pharmaceuticals, Manali Petrochemical Ltd, Multi Commodity Exchange Of India Ltd, Monarch Networth Capital Ltd, National Aluminium Co. Ltd, NCL Industries Ltd, Nibe Ltd, The Phoenix Mills Ltd, Pondy Oxides & Chemicals Ltd, Praveg Ltd, Premco Global Ltd, Rajoo Engineers Ltd, Rolcon Engineering Co. Ltd, Rushil Decor Ltd, Salasar Techno Engineering Ltd, Sangam (India) Ltd, Sanrhea Technical Textiles Ltd, Shahlon Silk Industries Ltd, Shukra Pharmaceuticals Ltd, Sika Interplant Systems Ltd, S.P. Apparels Ltd, Speciality Restaurants Ltd, Star Paper Mills Ltd, Superhouse Ltd, Supriya Lifescience Ltd, Super Tannery Limited, Talbros Automotive Components Ltd, Techno Electric & Engineering Company Ltd, Uttam Sugar Mills Ltd, Veritas (India) Ltd, Vikram Thermo (India) Ltd, Vardhman Special Steels Ltd, Southern Gas Ltd.

Keep an eye on these stocks and be prepared for the changes in their trading dynamics as the week unfolds.

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