Several Indian companies will trade ex-dividend this week, including L&T, Crisil, Coforge, Maruti Suzuki, and Kotak Mahindra Bank. Ex-dividend is when the equity-share price of a company is adjusted for the dividend payout, occurring one or two working days before the record date. The record date lists all shareholders that will qualify for dividends by the record s end.
DCM Shriram Industries touched a new 52-week high of Rs. 114. The company operates across diverse segments such as chemicals, sugar, and seeds, contributing significantly to India s agribusiness and industrial landscape.
The S&P BSE FMCG index witnessed a remarkable surge today as several stocks hit new 52-week highs, reflecting the strength of the FMCG (Fast-Moving Consumer Goods) sector in the Indian market.
Its product range encompasses a diverse selection of speciality oils and lubricants, including white oils, waxes, jellies, automotive oils, industrial oils, transformer oils, and rubber processing oils.