Investors should keep an eye on these upcoming corporate actions in January
A purchasing movement was seen in the metals, IT and 11 of the 15 Nifty sectors indices, which all closed in the green.
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 |