Investors should keep an eye on these upcoming corporate actions in January
DSIJ IntelligenceCategories: Mindshare, Trending
Investors should keep an eye on these upcoming corporate actions in January
The S&P BSE Sensex and NSE Nifty50 Indian leading indices started the week strongly, snapping a three-day losing run. The broader market Nifty50 closed at 17,956.60, up 98.40 points or 0.55 percent, while the Sensex ended at 60,261.18, up 303 points or 0.51 percent. Nifty Bank, a banking index, closed at 42,371.25, up 289 points or 0.69 percent.
A purchasing movement was seen in the metals, IT and 11 of the 15 Nifty sectors indices, which all closed in the green. Nifty PSU Bank (+1.35 per cent), Nifty Metal (+1.27 per cent) and Nifty IT (+0.74 per cent) were the three best-performing indices. Nifty Consumer Durables had the worst performances (-1.03 per cent). Both the Nifty Pharma and Nifty FMCG sectors experienced slight declines.
Below is a table of the upcoming corporate actions in the month of January: -
Bonus Issue:
| Company Name | Bonus | Bonus Date |
| KPI Green Energy | 1:1 | 18-01-2023 |
| Goldstar Power | 4:5 | 21-01-2023 |
Dividend:
| Company Name | Dividend Date |
| TCS (Interim) | January 16, 2023 |
| TCS (Special) | January 16, 2023 |
| HCL Technologies | January 19, 2023 |
| Shraddha Infraprojects | January 21, 2023 |
| Angel One | January 24, 2023 |
| Gothi Plascon (India) | January 24, 2023 |
| Havells India | January 25, 2023 |
| National Aluminium Company | January 25, 2023 |
| Persistent Systems | January 25, 2023 |
| Surya Roshni | January 27, 2023 |
| 360 One Wam | January 30, 2023 |
| Banaras Beads | January 30, 2023 |
| Ramkrishna Forgings | January 31, 2023 |
Rights Issue:
| Company Name | Rights Issue |
| Indowind Energy | 2 shares for every 5 shares held @ Rs 12 |
| Aarti Surfactants | 2 shares for every 17 shares held @ Rs 555 |
| Markoliness Pavement Technologies | 5 shares for every 32 shares held @ Rs 167 |