Meanwhile, CG Power and Industrial Solutions, Allcargo Logistics, and DIC India will trade ex-dividend on Wednesday, March 15.
With a market cap of Rs 45,446 crore, CG Power and Industrial Solutions is in the heavy electrical equipment industry. CG Power and Industrial Solutions will trade ex-dividend on Wednesday with an interim dividend of Rs 1.5 per share. Shares of CG Power and Industrial Solutions rose 0.15% to Rs 297.6 apiece on the BSE in Friday’s trade.
The next one on the list is DIC India, which is a printing Ink company with a market capitalization of Rs 350 crore. It had announced a final dividend of Rs 2 per share. Shares of DIC India declined 0.73% to Rs 382 apiece on the BSE in Friday’s trade.
Allcargo Logistics’ board approved an interim dividend of Rs 3.25 per share. Shares of Allcargo Logistics rose 0.13% to Rs 379.05 apiece on the BSE in Friday’s trade. It is a small-cap firm with a market capitalization of Rs 9,313 crore.
Meanwhile, SBI Life Insurance and Taparia Tools will trade ex-dividend on Thursday, March 16, 2023.
SBI Life Insurance approved an interim dividend of Rs 3.25 per share. Shares of SBI Life Insurance fell 0.17% to Rs 1,095.7 apiece on the BSE in Friday’s trade. It is a large-cap firm with a market capitalization of Rs 1,09,666 crore.Taparia Tools is a penny stock. The company will pay a 775% dividend per equity share bearing a face value of Rs 10. This translates into Rs 77.5 per share. Shares of Taparia Tools hit a 5% upper circuit on the BSE in Friday’s trade.
Internet service providers company Nettlinx will trade ex-dividend on Friday, March 17. Nettlinx approved an interim dividend of Rs 0.40 per share. Shares of Nettlinx rose 2.8% to Rs 245.15 apiece on the BSE in Friday’s trade. As of 12th March 2023, its market cap stood at Rs 281 crore.
