Share Market News July 19: Infosys, LTTS, TCS, ITC, Bosch, Chennai Petroleum, Cummins, TechM, other stocks to track on Friday
Share Market News July 19, 2024: Domestic equity benchmarks Nifty50 and Senesx scaled lifetime highs on Thursday, with the 50-scrip index both crossing and settling above the psychologically important 24,800 mark for the first time ever amid weakness in IT, financial and FMCG shares. Here is a list of stocks to track on Friday, including Infosys, TCS, LTTS, Bosch and Cummins.
Share Market News July 19, 2024: At around 8:25 am, GIFT Nifty futures traded higher by 0.27 per cent or 67.45 points at 24,876.5, indicating a positive opening on the D-Street today. Domestic equity benchmarks registered record closing highs on Thursday, with the 50-scrip Nifty50 index crossing as well as ending above the 24,800 mark for the first time ever amid sharp buying interest in IT, financial and FMCG shares. Both headline indices were up 0.8 per cent at the end of a volatile session, with the Sensex rising 626.9 points to 81,343.5 and the Nifty50 gaining 187.9 points to settle at 24,800.9 - their highest closing levels. As the focus shifts to the next session on Dalal Street, here is a list of stocks that are likely to be in the spotlight including Infosys, Tata Consultancy Services (TCS), Larsen & Toubro Tech Services (LTTS), Bosch and Cummins India.
Infosys Q1 Results Announcement
Bengaluru-headquartered Infosys - the country's second largest IT firm - has reported a better-than-expected set of financial results for the April-June period. While its consolidated net profit fell 20.1 per cent to Rs 6,368 crore for the June quarter, its revenue grew 3.7 per cent to Rs 39,315 crore, according to a regulatory filing. Read more on Infosys results
L&T Tech Services (LTTS) Earnings
Engineering services company L&T Technology Services (LTTS) has registered a consolidated net profit of Rs 313.6 crore for the April-June period, up 0.8 per cent on a year-on-year basis. Read more on LTTS results
From dividends to rights to share split, more than 40 stocks slated to trade ex-date on July 19
TCS, Delta Corp, ICRA, Bosch, Cummins India, Tech Mahindra, Bajaj Electricals, Zensar Tech, JSW Infra, Cholamandalam Investment, and Laxmi Organic are among the more than 35 stocks scheduled to trade ex-dividend on Friday.
Besides, While Jaykay Enterprises and Shrydus Industries will trade ex-rights, Elecon Engineering will go ex-stock split.
| Stock | Purpose |
| Lloyds Engineering Works Ltd | Dividend - Rs. - 0.2000 |
| GUJARAT CONTAINERS LTD. | Dividend - Rs. - 1.5000 |
| SHREE DIGVIJAY CEMENT CO.LTD.-$ | Dividend - Rs. - 3.0000 |
| JSW Infrastructure Ltd | Final Dividend - Rs. - 0.5500 |
| Laxmi Organic Industries Ltd | Final Dividend - Rs. - 0.6000 |
| Cholamandalam Investment and Finance Company Ltd | Final Dividend - Rs. - 0.7000 |
| Sumitomo Chemical India Ltd | Final Dividend - Rs. - 0.9000 |
| Hitech Corporation Ltd-$ | Final Dividend - Rs. - 1.0000 |
| Precision Camshafts Ltd | Final Dividend - Rs. - 1.0000 |
| DELTA CORP LTD. | Final Dividend - Rs. - 1.2500 |
| INDIAN HUME PIPE CO.LTD. | Final Dividend - Rs. - 1.5000 |
| MANGALAM CEMENT LTD. | Final Dividend - Rs. - 1.5000 |
| ICRA LTD. | Final Dividend - Rs. - 100.0000 |
| GRAPHITE INDIA LTD. | Final Dividend - Rs. - 11.0000 |
| BOSCH LTD. | Final Dividend - Rs. - 170.0000 |
| KOTAK MAHINDRA BANK LTD. | Final Dividend - Rs. - 2.0000 |
| SAINT-GOBAIN SEKURIT INDIA LTD. | Final Dividend - Rs. - 2.0000 |
| SHANTHI GEARS LTD. | Final Dividend - Rs. - 2.0000 |
| TRANSPORT CORPORATION OF INDIA LTD. | Final Dividend - Rs. - 2.0000 |
| DABUR INDIA LTD. | Final Dividend - Rs. - 2.7500 |
| CUMMINS INDIA LTD. | Final Dividend - Rs. - 20.0000 |
| TECH MAHINDRA LTD. | Final Dividend - Rs. - 28.0000 |
| BAJAJ ELECTRICALS LTD.-$ | Final Dividend - Rs. - 3.0000 |
| PDS Ltd | Final Dividend - Rs. - 3.1500 |
| APCOTEX INDUSTRIES LTD. | Final Dividend - Rs. - 3.5000 |
| UNION BANK OF INDIA | Final Dividend - Rs. - 3.6000 |
| ARVIND LTD. | Final Dividend - Rs. - 3.7500 |
| ABBOTT INDIA LTD. | Final Dividend - Rs. - 410.0000 |
| ZYDUS WELLNESS LTD.-$ | Final Dividend - Rs. - 5.0000 |
| CHENNAI PETROLEUM CORPORATION LTD. | Final Dividend - Rs. - 55.0000 |
| DHANUKA AGRITECH LTD. | Final Dividend - Rs. - 6.0000 |
| Life Insurance Corporation of India | Final Dividend - Rs. - 6.0000 |
| BLUE STAR LTD. | Final Dividend - Rs. - 7.0000 |
| ZENSAR TECHNOLOGIES LTD. | Final Dividend - Rs. - 7.0000 |
| R.S.SOFTWARE INDIA LTD. | Interim Dividend - Rs. - 0.2500 |
| TATA CONSULTANCY SERVICES LTD. | Interim Dividend - Rs. - 10.0000 |
| ARVIND LTD. | Special Dividend - Rs. - 1.0000 |
Tata Consumer Products share market news
Tata Consumer Products' board is scheduled to meet on July 23 to consider the issuance of rights.
Lupin share market news
Mumbai-headquartered pharmaceutical company Lupin has tied up with South Korea-based Huons to market dry eye treatment medication Cyclosporine Ophthalmic Nanoemulsion (0.4mL single-use vial) in Mexico. Read more on Lupin
Read more on the July 18 session | Catch all the highlights of Thursday's session here. For all other news related to business, market, tech and auto, visit Zeebiz.com.
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