Synopsis: 6 stocks that had announced divided for its share holders of upto Rs. 7.5 which includes Castrol India Ltd,Power Finance Corporation Ltd and four other stocks can see movement in the next week whose record date is from 23-27 of next week
A dividend is a portion of a company’s profits distributed to shareholders as a return on their investment. It is usually paid in cash at regular intervals such as quarterly or annually. Dividends indicate a company’s financial health, profitability, and stability, making them an important source of income for investors seeking consistent returns alongside potential capital appreciation over time.
This week, from March 16-20, 2026, the Nifty 50 index recorded significant volatility due to rising tensions in the Middle East and changing oil prices. The week began on Monday, March 16, 2026, at 23,116.10. The index recorded a “bloodbath” on Thursday, falling below 23,000, but recovered on Friday, closing at 23,114.50, registering a decline of 0.16% for the week.
Castrol India Ltd
Castrol India Ltd is principally engaged in the business of manufacturing & marketing of automotive and industrial lubricants and related services. The company’s products include engine oils, transmission fluids, Axle lubricants, brake fluids, greases catering all kinds of vehicles from cars & bikes to electrical vehicles and commercial vehicles.
With the market capitalization of Rs. 18,536 Crores, the shares of Castrol India Ltd were trading at Rs. 187 per share, which is 19.3 percent discount from its 52 weeks high of Rs. 232 per share and has a dividend payout ratio of 138 percent. The company has announced the final dividend of Rs. 5.25 per share whose record date is on 23 March 2026.
India Glycols Ltd
India Glycols Ltd is engaged in the manufacturing of green technology-based bulk, specialty & performance chemicals, and natural gums, spirits, industrial gases, sugar, and nutraceuticals. The company is into Bio-Based Specialties and Performance Chemicals (BSPC), Potable Spirits (PS), Bio fuels(BF) and Ennature Biopharma (EB).
With the market capitalization of Rs. 5873 Crores, the shares of India Glycols Ltd were trading at Rs. 876 per share, which is 28 percent discount from its 52 weeks high of Rs. 1223 per share and has a dividend payout ratio of 13 percent . The company has announced the interim dividend of Rs. 7.5 per share whose record date is on 23 March 2026.
Power Finance Corporation Ltd
Power Finance Corporation Limited is a Systemically Important Non-Deposit taking NBFC registered with the RBI as an Infrastructure Finance Company. It is engaged in extending financial assistance to the Indian power sector. Majority of the stake is owned by The Government of India and it is one of the highest profit making NBFC with largest renewable financiers in India.
With the market capitalization of Rs.1,36,294 Crores, the shares of Power Finance Corporation Ltd were trading at Rs. 413 per share, which is 7 percent discount from its 52 weeks high of Rs.444 per share and has a dividend payout ratio of 23 percent . The company has announced the interim dividend of Rs. 3.25 per share whose record date is on 23 March 2026
Gujarat Intrux Ltd
Gujarat Intrux Limited is a Rajkot-based public company engaged in manufacturing stainless steel, alloy, and non-alloy steel castings. Established in 1992 majorly engaged in Casting business which is in the field pumps, valves, general engineering & automobile casting. It has a strong presence in export markets across multiple countries.
With the market capitalization of Rs. 155 Crores, the shares of Gujarat Intrux Limited were trading at Rs. 452 per share, which is 15.5 percent discount from its 52 weeks high of Rs.535 per share and has a dividend payout ratio of 81 percent .The company has announced the interim dividend of Rs. 7.5 per share whose record date is on 25 March 2026
Angel One Ltd
Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies
With the market capitalization of Rs. 20,999 Crores, the shares of Angel One Ltd were trading at Rs. 231 per share, which is 29.5 percent discount from its 52 weeks high of Rs. 328 per share and has a dividend payout ratio of 37 percent .The company has announced the interim dividend of Rs. 1.75 per share whose record date is on 27 March 2026
Samvardhana Motherson International Ltd
Samvardhana Motherson is a global manufacturing giant specializing in automotive components like wiring harnesses, vision systems, and polymer modules. It is currently diversifying into high-growth sectors, including aerospace, medical devices, and logistics infrastructure.
With the market capitalization of Rs. 1,17,788 Crores, the shares of Samvardhana Motherson International Ltd were trading at Rs. 112 per share, which is 10.29 percent discount from its 52 weeks high of Rs.136 per share and has a dividend payout ratio of 16 percent. .The company has announced the interim dividend of Rs. 0.35 per share whose record date is on 27 March 2026
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