Hot stocks for next week: Reliance Industries, RailTel, Finolex Industries, Monte Carlo Fashions and more

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Sensex, Nifty ended in red

Domestic equity market closed lower on Friday amid negative global cues. Sensex fell 202 points to end the session at 64,948 and Nifty slipped 55 points to settle at 19,310 [{ "selector": ".xjnbo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-348.0001331676135px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }, { "selector": ".cipmm-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

RailTel

Shares of RailTel will turn ex-dividend on August 24, 2023. The company has declared final dividend of Rs 1.05 per share. The record date for the same is August 24 [{ "selector": ".gxntm-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 419px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".xaxlx-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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Monte Carlo Fashions

Shares of Monte Carlo Fashions will turn ex-dividend on August 24, 2023. The company has declared final dividend of Rs 20 per share. The record date for the same is August 25 [{ "selector": ".zluub-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 419px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".ajgit-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Hindustan Aeronautics

Shares of Hindustan Aeronautics (HAL) will turn ex-dividend on August 24, 2023. The firm has declared a final dividend of Rs 15 per share. The record date for the same is August 24 [{ "selector": ".mlimz-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 419px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".skder-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Reliance Industries

Shares of Reliance Industries will trade ex-dividend on August 21, 2023. The firm has declared final dividend of Rs 9 per share. The record date for the same is August 21 [{ "selector": ".bsjsz-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 443px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".oeagz-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Jio Financial Services

Jio Financial Services, the demerged entity of Mukesh Ambani-led Reliance Industries Ltd (RIL), will be listed on August 21. The notification came a day after FTSE said JFS will be removed from FTSE indices on August 22 because of no intimation of the listing date. In a stock exchange filing, the company said that the scrip will be in the Trade-for-Trade segment for 10 trading days [{ "selector": ".cboui-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 372px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".ezcbl-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Finolex Industries

Shares of Finolex Industries will turn ex-dividend on August 21, 2023. The firm has declared final dividend of Rs 1.5 per share. The record date for the same is August 22 [{ "selector": ".nuqje-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 443px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".kebcu-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Supershakti Metaliks

The board of the company has fixed Friday, September 1, 2023, as the record date to determine eligible shareholders entitled to receive the dividend in the forthcoming Annual General Meeting of the company [{ "selector": ".ncnzc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 422px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zmupf-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Panchsheel Organics

The board of the company has fixed Monday, August 25, 2023, as the record date for the purpose of payment of interim dividend. The board on August 14, 2023, declared an interim dividend of Rs. 0.80/- per share on equity shares of face value of Rs 10/- each for the financial year 2023-24, which is 8% of paid-up share capital [{ "selector": ".nrqpe-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 383px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".jkubm-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

NCC

Shares of NCC will trade ex-dividend on August 25, 2023. The firm has declared a dividend of Rs 2.2 per share. The record date for the same is August 25 [{ "selector": ".wgxmq-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 410px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".juibb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Disclaimer

Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position [{ "selector": ".sbqjc-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 410px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".dnljq-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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