Dividend stocks: Godrej Consumer, Nippon Life shares to trade ex-dividend today. Details here
Dividend stocks 2023: Shares of Godrej Consumer Products Ltd and Nippon Life India Asset Management Ltd will be in focus when stock market opens today. The board of directors of these companies have declared interim dividend for its eligible shareholders. As per the information available on the website of Indian exchanges, Godrej Consumer Products Ltd has declared an interim dividend of ₹5 per share and the board of Nippon Life India Asset Management Ltd has declared an interim dividend of ₹5.50.
Stocks to Watch: Power Finance, Tata Power, Lupin, Raymond, HAL, Bata India Godrej Consumer Products – The FMCG major reported a 20.6% increase in consolidated net profit at ₹432.77 crore in the second quarter ended September, helped by double-digit volume growth and improved margins. Its revenue from the sale of products was up 6.06% at ₹3,568.36 crore during the second quarter of the current fiscal. Its total income in the September quarter stood at ₹3,667.88 crore, up 6.87% compared to the year-ago period.
7 things that changed for the stock market overnight Shares of Godrej Consumer Products closed lower 0.33% at ₹1,018 per share on Wednesday. Nippon Life India Asset Management— The asset management company reported a 19% growth in profit at ₹235 crore in the second quarter ended September 2023. Its total income stood at ₹440 crore in the September quarter as compared to ₹383 crore a year ago.
As on September 30, 2023, NAM India's assets under management stood at ₹4.35 lakh crore. Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 9 Shares of Nippon Life India Asset Management closed up 0.074% at ₹405.75 per share on Wednesday. As per the stock market rules, those shareholders of the company, who
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