With the record date and ex-dividend date set for March 25, the shares of Mishra Dhatu Nigam and Ksolves India will start trading ex-dividend from tomorrow. Shareholders who wish to be eligible to receive dividends must buy them before the ex-date and hold them at least till the end of the record date.

Mishra Dhatu Nigam Ltd

Defense PSU Mishra Dhatu Nigam’s shares rose nearly 6% during early trades today to hit an intraday high of ₹304.00 per share. At 11:45 AM, the company’s shares were trading 3.81% higher, at ₹297.51 apiece. 

The company’s board approved an interim dividend of ₹0.75 per equity share (i.e., 7.50% of their face value of ₹10 each), for the financial year 2024-25. It had previously declared an interim dividend of ₹1.41 per share on March 22, 2024. 

As per its Q3 results, the Mini-Ratna company holds ₹1,906 crore in executable orders and is developing alloys for the aerospace, energy, and naval sectors. It is also re-entering the defence market with tank-related products and gun barrels.

Let’s take a look at its Factor Analysis scores:

Factor Analysis of Mishra Dhatu Nigam Ltd

Ksolves India Ltd 

Ksolves, a leading software development company, has announced a dividend of ₹7.50 per equity share. At 12:20 PM, the company’s shares were trading 8% higher at ₹489.25 apiece, and had reached an intraday high of ₹497.00 during early trades.

With 30%+ YoY revenue growth sustained for 15 consecutive quarters since listing, the company continues its strong upward trajectory. Focused on evolving technologies, Ksolves is leveraging GenAI to enhance operational efficiency, reduce costs, and optimize resource allocation for clients. Over the past five years, the company has achieved a remarkable 10x revenue growth and a 50x increase in Profit After Tax.

This stock has given multibagger returns of over 180% over the past three years. Let’s take a look at its Factor Analysis scores: 

Disclaimer

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.