Tata Power, Nelco, Indian Hotels Company, Voltas, Tata Investment Corporation, Tata Chemicals, and Tata Steel will all trade ex-dividend this month. Nelco, with a market cap of Rs 1,413 crore, is set to trade ex-dividend on June 6 with a final dividend of Rs 2 per share. Tata Power has announced a final dividend of Rs 2 per share and will trade ex-dividend on June 7. Tata Steel will trade ex-dividend on June 22 with a final dividend of Rs 3.6 per share. Indian Hotels Company and Voltas will trade ex-dividend on June 9.
India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative