Market News
4 min read | Updated on July 07, 2025, 11:45 IST
SUMMARY
Several major companies, including Titan Company, Mphasis, Persistent Systems, Dr. Reddy's, and Shriram Finance, are nearing their record date this week. Investors holding shares by the record date will be eligible to receive declared dividend payouts.
Midcap IT solutions provider, Mphasis has annouced dividend of ₹57 per share for its shareholders, with record date of 9 July. | Image source: Shutterstock.
Domestic markets are trading in a range at the start of a new week. NIFTY50 is hovering around the 25,450 mark, while the Sensex index is also trading flat around 83,450.
Several key events are likely to shape the market movement this week, including July 9 deadline for the US trade tariffs, upcoming quarterly results of major companies like TCS, Avenue Supermarts (DMART) and others.
Some investors will also be looking forward to upcoming dividend record date this week. Prominent companies like Titan Company, Dr. Reddy, Shriram Finance and others will be approaching their record date for final dividend this week.
Shareholders who hold the company’s stock as of the specified record date will be eligible to receive the declared dividends.
Stock name | Record date | Dividend amount |
---|---|---|
Titan Company | 08-Jul-2025 | ₹11 per share |
JSW Steel Ltd. | 08-Jul-2025 | ₹2.8 per share |
JK Cement Ltd. | 08-Jul-2025 | ₹15 per share |
Solar Industries India | 08-Jul-2025 | ₹10 per share |
Mphasis Ltd. | 09-Jul-2025 | ₹57 per share |
Pfizer Ltd. | 09-Jul-2025 | ₹35 per share |
Dr. Reddy's Laboratories | 10-Jul-2025 | ₹8 per share |
Sobha Ltd. | 11-Jul-2025 | ₹3 per share |
Atul Ltd. | 11-Jul-2025 | ₹25 per share |
Zensar Technologies Ltd. | 11-Jul-2025 | ₹11 per share |
Apollo Tyres Ltd. | 11-Jul-2025 | ₹5 per share |
Can Fin Homes Ltd. | 11-Jul-2025 | ₹6 per share |
Shriram Finance Ltd. | 11-Jul-2025 | ₹3 per share |
UPL Ltd. | 11-Jul-2025 | ₹6 per share |
IDFC First Bank Ltd. | 11-Jul-2025 | ₹0.25 per share |
Balkrishna Industries Ltd. | 12-Jul-2025 | ₹4 per share |
Craftsman Automation Ltd. | 14-Jul-2025 | ₹5 per share |
RR Kabel Ltd. | 14-Jul-2025 | ₹3.5 per share |
Persistent Systems Ltd. | 14-Jul-2025 | ₹15 per share |
Tata group company, Titan has announced a final dividend of ₹11 per share. In Q4FY25, Titan reported a 10.7% YoY rise in net profit at ₹870 crore. Revenue from operations rose 25% YoY to ₹12,581 crore. The company’s shares have delivered over 12.5% return to investors so far this year.
Dr Reddy’s announced a final dividend of ₹8 per share, along with its March quarter earnings. The company reported an 22% YoY rise in net profit at ₹1,594 crore for the fourth quarter. Meanwhile, Revenue rose by 20% YoY at ₹8,506 crore compared to ₹7,083 crore in the same period last year.
Midcap IT service company announced a final dividend of ₹57 per share for FY25. The record date for the dividend is July 9, 2025. Mphasis revenue in rupee terms stood at ₹3,710 crore in the fourth quarter, compared to ₹3,561.3 crore in the previous quarter and ₹3,412 crore in the year-ago period.
Other prominent stocks like Zensar Technologies, IDFC First Bank, Balkrishna Industries, RR Kabel have also announced final dividend for their shareholders. The record date for these companies is approaching fast. Investors holding shares of respective companies before the record date are eligible for dividend payouts.
On the record or ex-dividend date, the stock price usually drops by the dividend payout amount. This adjustment happens because new buyers after the ex-date are not eligible for the declared dividend. However, the actual price movement may vary due to broader market trends, investor sentiment, and company fundamentals.
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