Don't miss these companies that are offering more than 100 per cent dividends in the coming week

Don't miss these companies that are offering more than 100 per cent dividends in the coming week

The market breadth was strong as 3,509 shares increased and 1,482 shares decreased on BSE.

✨ Key Takeaways

After RBI raised the repo rate, power and auto stocks declined while Sensex & Nifty closed with marginal gains. Reserve Bank of India's decision to raise repo rates by 50 basis points to 5.4 per cent today received a pleasant response from the market.  

  

The barometer index S&P BSE Sensex gained 89 points to 58,387.93. Nifty 50 index rose mere 15.5 points and closed at 17,397.15 levels. On the broader market, S&P BSE Smallcap index jumped 20 points and ended at 267,605 and S&P BSE Midcap index scaled up by 20 points to the level of 24,479. Cement companies raised the most, thereby, boosting the market. Shree Cement and UltraTech Cement increased nearly 3 per cent each while ICICI Bank climbed more than 2 per cent when the market closed.   

  

The market breadth was strong as 3,509 shares increased and 1,482 shares decreased on BSE. Almost 161 shares were unchanged overall. As investors awaited the US jobs report on Friday, European equities plunged while Asian stocks rallied broadly.   

  

The list of stocks that will provide dividends is as follows:  

 

Dividend Date 

Company Name 

Dividend (Rs) 

LTP (Rs) 

Aug 08, 2022 

Alkem Laboratories 

4 

    3,100.00  

Bharat Electronics 

1.5 

       275.35  

Cipla 

5 

    1,033.60  

Honeywell Automation India 

90 

 40,335.00  

ICICI Bank 

5 

       838.20  

Rupa & Company 

3 

       372.45  

West Coast Paper Mills 

6 

       494.00  

Aug 10, 2022 

City Union Bank 

1 

       161.05  

Sansera Engineering 

2 

       739.10  

Aug 11, 2022 

Divi's Laboratories 

30 

    3,902.00  

Dixon Technologies 

2 

    3,820.50  

Fine Organic Industries 

9 

    5,680.00  

Godfrey Phillips India 

28 

    1,177.80  

Grasim Industries 

5 

    1,596.00  

Hester Biosciences 

10 

    2,400.00  

Hindalco Industries 

4 

       412.35  

Indian Energy Exchange 

1 

       165.55  

Jamna Auto Industries 

1 

       122.25  

Jubilant Pharmova 

5 

       347.95  

Mahanagar Gas 

15.5 

       777.00  

NCC 

2 

          62.70  

V.S.T Tillers Tractors 

20 

    2,459.70  

Aug 12, 2022 

Eicher Motors 

21 

    3,082.00  

Fiem Industries 

20 

    1,647.00  

ISGEC Heavy Engineering 

2 

       460.00  

JB Chemicals & Pharmaceuticals 

8 

    1,857.15  

Triveni Engineering & Industries 

2 

       226.00  

WPIL 

10 

    1,136.55