5 companies including Bajaj Electricals are going to give dividend to investors
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These companies are going to give dividend
Indoco Rem, TTK Healthcare, Bajaj Electricals, Akzo Nobel and TVS Srichakra are going to give dividend to investors. Of these, TVS Srichakra has approved a dividend of Rs 32.05 per share on the face value of Rs 10 to its investors. The profit of the company has increased from 8 crores to 22.3 crores on annual basis. The company is engaged in manufacturing of Tire and Rubber Products. Paints sector company Akzo Nobel has declared its quarterly results. Along with this, the company has also announced to give dividend.
The company has declared a dividend of Rs 40 on the face value of Rs 10. However, the final decision on dividend will be taken at the AGM. Bajaj Electricals, a Bajaj Group company, has released its quarterly results. The company has reported a profit of Rs 52 crore in the March quarter, as against Rs 39 crore in the year-ago period. Along with this, the company has also announced dividend to the investors. The company has approved a dividend of Rs 4 per share of face value of Rs 2.
Investors will get bumper profits
Healthcare sector company TTK Healthcare has made good profits. The profit of the company has increased. According to the exchange filing, the company’s profit increased from Rs 10.6 crore to Rs 17 crore. The income of the company has also increased. This was up from Rs 159 crore in the fourth quarter to Rs 180 crore. The company will pay a dividend of Rs 10 per share on the face value of Rs 10 to the investors. Indoco Rem has approved a dividend of Rs 2.25 per share on the face value of Rs 2 to investors. The dividend money will come to the investors’ account within 30 days from the date of approval in the AGM. The company has made tremendous profits during January to March. The company has earned a profit of Rs 25.8 crore during this period.
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