Corporate actions this week: L&T, Maruti Suzuki to go ex-dividend, Piramal Pharma right issue and more

Corporate actions this week: L&T, Maruti Suzuki to go ex-dividend, Piramal Pharma right issue and more

There are a host of corporate actions scheduled for this week. L&T, Crisil, Coforge, Maruti Suzuki and Kotak Mahindra Bank will trade ex-dividend, while Piramal Pharma‘s rights issue’s ex-date is fixed this week. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is … Read more

FMCG stocks top D-Street investors’ purchase cart! Will the shopping spree continue?

FMCG stocks top D-Street investors’ purchase cart! Will the shopping spree continue?

Fast moving consumer goods companies were the flavour of the week gone by, as investors added them to their cart in the hope of a rebound in rural consumption and easing profitability pressures. The S&P BSE FMCG index was the top sectoral performer with nearly 2% gains. The index scaled a lifetime high of 16779.73 … Read more