The upcoming week is set to witness various corporate actions from prominent companies, ranging from dividend distributions to stock splits and rights issues. The companies aim to reward shareholders through dividends and stock adjustments.Investors keen on capitalizing on these actions must be aware of the record dates and ensure timely share purchases to qualify for the benefits. The investors are also advised to note that they must ensure share purchases at least one day before the ex-date, in line with the T+1 settlement cycle. Here are the corporate actions lined up in the coming week:
MGL rides PNG adoption wave, analysts see further upside
Mahanagar Gas shares have surged on government’s push for piped natural gas adoption, aiming for a 20% customer base increase. This move is expected to