Share Market News: RailTel, Samvardhana Motherson, MGL, 14 other stocks due to trade ex-dividend on Wednesday; see list
As many as 19 stocks are scheduled to trade ex-dividend, ex-buyback or ex-rights on Wednesday, as the market prepares for a trading holiday the next day. Out of those, 17 stocks due to trade ex-dividend include Bharat Electronics Ltd (BEL), Samvardhana Motherson International, Kalyani Steels, RailTel Corporation, HG Infra Engineering, Mahanagar Gas Ltd (MGL), JB Chemicals & Pharmaceuticals, and TTK Prestige.
As Dalal Street prepares for yet another trading session before the Independence Day market holiday the next day, as many as 17 stocks are scheduled to trade ex-dividend on Wednesday.
Among the 17 stocks are Bharat Electronics Ltd (BEL), Samvardhana Motherson International, Kalyani Steels, RailTel Corporation, HG Infra Engineering, Mahanagar Gas Ltd (MGL), JB Chemicals & Pharmaceuticals, and TTK Prestige.
Among other stocks due to trade ex-date during the session are TTK Prestige and Vinny Overseas, slated to trade ex-buyback and ex-rights issue on the same day.
Ex-Dividend Stocks | BEL, Samvardhana Motherson, RailTel, TTK Prestige due to trade ex-date
| Stock | Purpose |
| K.C.P.LTD. | Dividend - Rs. - 1.0000 |
| KALYANI STEELS LTD. | Dividend - Rs. - 10.0000 |
| MAHARASHTRA SEAMLESS LTD. | Dividend - Rs. - 10.0000 |
| JINDAL DRILLING & INDUSTRIES LTD. | Final Dividend - Rs. - 0.5000 |
| BHARAT ELECTRONICS LTD. | Final Dividend - Rs. - 0.8000 |
| Samvardhana Motherson International Ltd | Final Dividend - Rs. - 0.8000 |
| Motherson Sumi Wiring India Ltd | Final Dividend - Rs. - 0.8000 |
| SAURASHTRA CEMENT LTD. | Final Dividend - Rs. - 1.0000 |
| H.G. Infra Engineering Ltd | Final Dividend - Rs. - 1.5000 |
| RailTel Corporation of India Ltd | Final Dividend - Rs. - 1.8500 |
| Mahanagar Gas Ltd | Final Dividend - Rs. - 18.0000 |
| EPL Ltd | Final Dividend - Rs. - 2.3000 |
| DHUNSERI INVESTMENTS LTD. | Final Dividend - Rs. - 2.5000 |
| GUJARAT PIPAVAV PORT LTD. | Final Dividend - Rs. - 3.7000 |
| Hitachi Energy India Ltd | Final Dividend - Rs. - 4.0000 |
| TTK PRESTIGE LTD. | Final Dividend - Rs. - 6.0000 |
| J.B.CHEMICALS & PHARMACEUTICALS LTD. | Final Dividend - Rs. - 6.7500 |
Corporate Action | Other stocks
| Stock | Purpose |
| Vinny Overseas Ltd | Right Issue of Equity Shares |
| TTK PRESTIGE LTD. | Buyback of Shares |
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