Wipro, Mazda, Senco Gold, And More: Major Stock Split, Bonus Issues,And Dividend Stocks To Ex-trade Next Week

Wipro, Mazda, Senco Gold, And More: Major Stock Split, Bonus Issues,And Dividend Stocks To Ex-trade Next Week

Next week promises to be action-packed for D-Street as India prepares to unveil the Union Budget 2025 on February 1st. Despite being a Saturday, the stock markets will remain open for trading, with special sessions planned to accommodate the highly anticipated announcement. All eyes will be on the finance minister as key reforms and fiscal policies are revealed, which could significantly influence the market’s direction. Traders and investors will closely watch how the stock indices react to the new measures and announcements shaping the country’s economic roadmap for the year ahead.

Adding to the excitement, several notable stocks are set to trade ex-dividend and ex-split next week. With multiple companies declaring record dates for dividends and stock splits and Bonus issues. For context, the record date is the cutoff date by which an investor must hold shares to qualify for dividends or stock splits or bonus issues After this date, the stock trades without the entitlement to the announced benefits.

Dividends, Stocks Splits, and Bonus issue Scheduled for Next Week (January 27 – February 1, 2025)

Here’s a detailed list of companies who have announced interim dividends, stock splits adn bonus issues along with their respective record dates:

Bonus Issues

  • Shraddha Prime Projects Ltd.: The company, known for its presence in the real estate sector will issue a bonus in a 1:1 ratio, granting shareholders one additional share for every share held. Record date is set for January 27.
  • Technopack Polymers Ltd.: Another 1:1 bonus issue is set for January 29, 2025. The company specializes in innovative packaging solutions and is enhancing its stock value through this bonus issuance.

Stock Splits

  • Mazda Ltd.: Mazda Ltd. is a leading manufacturer of engineering equipment, is going to split the face value of shares from Rs. 10 to Rs.2 on January 28, 2025.
  • JBM Auto Ltd.: One of the leading players in the auto components and electric vehicles sector, will split its shares from Rs. 2 to Rs. 1 on January 31, 2025.
  • Kiduja India Ltd.: The financial services firm has scheduled for a stock split from Rs. 10 to Rs.1 on January 31st.
  • Mohite Industries Ltd.: This textile and hydropower company will reduce its face value from Rs.10 to Rs.1 with a record date set to 31st January.
  • Senco Gold Ltd.: The Company is known for its extensive jewelry retail network, the company will split shares from Rs.10 to Rs.5.

Dividends

Several companies are rewarding shareholders with interim dividends.

  • KEI Industries Ltd.: KEI, a major player in the cables and wires industry announced a Rs.4.00 interim dividend will be paid.
  • Tanla Platforms Ltd.: The company announced a Rs.6.00 interim dividend with a record date set to 27th January.
  • Wipro Ltd.: the indian IT Giant has announced a Rs.6.00 interim dividend and the stock will ex-trade on January 28th
  • MPS Ltd.: Known for its publishing solutions, the company will pay an impressive Rs. 33.00 interim dividend and the record is set for 29th january.
  • Accelya Solutions India Ltd.: Announcing the highest dividend of Rs.50.00 this week, Accelya, a travel and logistics solutions provider will turn ex-date on january 30th
  • Torrent Pharmaceuticals Ltd.: With a whopping Rs.26.00 interim dividend, the shares will ex-trade on February 1st on the Budget day.

Other Companies with Notable Dividends

  • Tips Music Ltd.: Rs.3.00
  • Wendt (India) Ltd.: Rs.30.00
  • Zensar Technologies Ltd.: Rs. 2.00
  • Housing & Urban Development Corporation Ltd.: Rs.2.05
  • Bharat Petroleum Corporation Ltd.: Rs.5.00
  • Automobile Corporation of Goa Ltd.: Rs.5.00
  • Indian Energy Exchange Ltd.: Rs.1.50
  • Persistent Systems Ltd.: Rs.20.00
  • Shriram Finance Ltd.: Rs.2.50

fbq('track', 'PageView');

Original news source Credit: www.goodreturns.in

You must be logged in to post a comment Login