Decision regarding dividend in this Tata Group company will be taken on January 11, this action was seen in the shares today

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Tata Consultancy Services: Tata Group’s stock is included among the trusted stocks for investors. Meanwhile, Tata Consultancy Services (TCS), one of the country’s largest IT companies, can give a big gift to investors in the new year. It is being told that in the meeting of the Board of Directors of the company to be held on January 11, consideration can be given to giving the third Interim Dividend. TCS has given information about this to the stock exchange. The company’s shares have given 16.5% returns to investors in 2023. May approve and release the audited standalone financial results of the company under Indian Accounting Standards for the quarter and nine month period ended December. Its benefit will be available to those investors whose names will be in the register of members of the company or in the records of the depository on January 19. Let us tell you that in the last one month the company has given a return of 8.12 percent to the investors. Whereas, it has given returns of 6.13 percent in six months and 6.51 percent in one year. Currently the market cap of the company is Rs 13.68 trillion.

What is the condition of the stock market?

At 1.15 pm, Sensex was trading at 71,761.14, down 0.71 percent or 510.80 points. Whereas, Nifty was trading at 21,619.85, falling 0.56 percent or 122.05 points. Among Sensex companies, shares of UltraTech Cement, Mahindra & Mahindra, Infosys, Asian Paints, HCL Technologies and Larsen & Toubro were among the losers. Shares of Sun Pharma, Bharti Airtel, Reliance Industries, Bajaj Finserv and Power Grid were among the gainers. In other Asian markets, South Korea’s Kospi, Hong Kong’s Hang Seng and China’s Shanghai Composite are in loss. Asian, American and European markets were closed on Monday on the occasion of New Year. Global oil standard Brent crude was trading at $ 78.31 per barrel with a gain of 1.65 percent. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 855.80 crore on Monday.

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