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The season of second quarter results has started and it is going to gain momentum from this week. Apart from the performance of the companies, the market will also keep an eye on other important announcements of the companies, which include bonus issue and dividend. Two companies presenting results this week can announce dividend. TCS has already announced dividend. On Monday, Anand Rathi Wealth has also informed that it can announce dividend this week.

 

What information have the companies given

In the information sent to the stock market, the company said that the meeting of its Board of Directors is going to be held on 10 October 2024. According to the company, if the dividend is approved in this meeting, then the record date for it will be Friday, 18 October 2024. The company will release its results on October 10 itself. In Monday's trading, the stock of Anand Rathi Wealth closed at 3886 with a decline of 0.65 percent. Earlier, TCS had also shared information regarding the dividend. TCS will also present its results on October 10. Along with the results, the company can also announce the second interim dividend for the shareholders. The company has already informed that if the dividend is announced, then 18 October 2024 will be fixed as the record date for it. Earlier in July, the company has announced a dividend of Rs 10 per share. Which other companies are to announce their results? Apart from TCS, 40 other companies are also announcing their results this week, out of which 6 companies announced their results on Monday. On October 10, along with TCS, Tata Elxsi, IREDA, GM Breweries, Hathway, Infomedia Press, Anand Rathi Wealth will announce their results and Avenue Supermarts will announce its results on October 12. Before this, Darshan Orna, Emerald Finance, Gautam Gems, Navkar Corporation, Transformers and Rectifiers will announce their results on October 8. GTPL will announce its results on October 9.

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