Aarti Drugs Ltd., Emami Ltd., KPIT Technologies Ltd., LT Foods Ltd., and Orient Electric Ltd. are trading ex-dividend on Tuesday. Meanwhile, RedTape Ltd. turns ex-bonus.
KPIT Technologies rose the most among stocks which turned ex-dividend today. It rose 3.60% to the day’s high of Rs 1,464.50 apiece.
LT Foods and Aarti Drugs’ share prices rose 3.14% and 0.64%, respectively.
Oriental Electric declined as much as 2.47% to the day’s low of Rs 232.10 apiece so far today. It’s the worst performing stock after turning ex-dividend.
Aarti Drug has announced an interim dividend of Re 1 per equity share of Rs 10 for the financial year 2024–25. KPIT Technologies approved dividend of Rs 2.5 per share on Jan 29.
On Jan 27, after Emami reported its earnings for the third quarter, it declared a dividend of Rs 4 per share. Emami reported an 8% on the year increase in its net profit for the October-December quarter.
LT Foods has announced a dividend of Rs 0.5 per equity share of Re 1 each for the financial year 2024–25. Orient Electric has declared a dividend of Rs 0.75 per share of a face value of Re 1 each.
. Read more on Markets by NDTV Profit.KPIT Technologies rose the most among stocks which turned ex-dividend today. Read MoreMarkets, Notifications
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