TCS Q3FY24-25 Results: India’s largest IT company TCS (Tata Consultancy Services) is going to announce the results of the third quarter of the current financial year (October-December 2024) on Thursday, January 9. The eyes of not only domestic investors but also many foreign investors will be fixed on the results of this company of Tata Group. Let us tell you that along with releasing the results of the third quarter of the financial year 2024-25, the company can also declare dividend for its shareholders. This will be the third interim dividend for the financial year 2024-25.
TCS fixed record date
TCS had also announced December 31 as the record date for payment of dividend in an exchange filing. The company had said in the filing that if the payment of dividend is approved in the board meeting to be held on January 9, then Friday, January 17 will be the record date for it. That is, the company’s shares will trade ex-dividend on January 17. Let us tell you that the benefit of dividend is not available on new shares purchased on the day of record date. However, dividend benefit is available on all shares available in the account including new shares purchased a day before the record date.
TCS shares marginally fall today
Let us tell you that today on Monday, a huge decline is being seen in the Indian stock market. However, there is no visible negative impact of this terrible fall on TCS shares. As of 12.07 pm on Monday, TCS shares were trading at Rs 4088.85, down Rs 10.40 (0.25%) on BSE. During trading today, the company’s shares had reached an intraday low of Rs 4064.70 to an intraday high of Rs 4149.25. According to BSE data, 52 week high of TCS shares is Rs 4585.90 and 52 week low is Rs 3593.30. The current market cap of the company is Rs 14,75,781.72.
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