Upcoming Dividend, Splits, Bonus, Rights Issue Next Week: Adani Ent, Asian Paints, Cochin Shipyard, MRF, More

Upcoming Dividend, Stock Split, Bonus Issue, Rights Issue: Shares of companies like Adani Enterprises, Gopal Snacks Ltd, Pearl Global Industries Ltd, Cochin Shipyard Ltd, Page Industries Ltd, Shipping Corporation of India Ltd, Taparia Tools, etc will be in focus next week because of corporate actions like dividend, stock split, bonus issue, rights issue, etc.

Upcoming Dividend

Upcoming Stock Split, Bonus, Rights Issue

Autoriders International Ltd bonus issue record date will fall next week. The company has fixed 18 November as the bonus issue record date. The company has announced a bonus issue in the ratio of 5:1. Adani Enterprises Ltd, Baid Finserv, Indowind Energy, ACE Software Exports, and Jainex Aamcol had announced their rights issues of equity shares. These firms have fixed their record date for rights issues of equity shares.

Stock Market Outlook

Indian market ended higher on Friday, snapping their two weeks consecutive loosing run. Sensex ended 1,32% higher 84,562.78 points, whereas Nifty ended 1.45% higher at 25,910 points. The strong performance by Nifty and Sensex was driven by a range of factors, including corporate earnings, sector-wise strength, Bihar elections results, etc.

"Trading remained range-bound, with volumes thinning ahead of the weekend. The rupee's continued pressure near record lows kept sentiment cautious, though expectations of RBI support helped stabilise currency moves. Broader markets were mixed, with midcaps and smallcaps seeing mild profit-taking," explained Vikram Kasat, Head - Advisory, PL Capital.

"Heading into next week, the tone stays cautiously positive. Key support for Nifty lies around 25,750-25,800, while a breakout above 26,000 could push levels toward 26,200-26,500. Global rate expectations, currency trends and domestic macro data will be the main drivers," Kasat added.

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