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"Interim Dividend for the year 2023 will be paid on and from May 8, 2023, along with the final dividend for the year 2022, if approved, by the members at the 64th Annual General Meeting scheduled to be held on 12th April 2023," the company said in a filing to exchanges.

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A dividend is a share of profits and retained earnings that a company pays out to its shareholders. According to StockEdge data, 11 IT stocks are paying consistent dividends to their investors and have paid dividends up to 54 times since 2011.

Ambuja Cements shares gain 2.09% as Sensex rises

Updated at : 2023-04-12 11:55:04

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The stock quoted a 52-week high of Rs 598.15 and a 52-week low of Rs 315.3.

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Promoters held 50.05 per cent stake in the company as of 31-Mar-2023, while FII and DII ownership stood at 11.96 per cent and 8.22 per cent, respectively.

​So part of that got recovered after this Accenture result which was a slightly positive surprise in terms of the revenue as well as margin. Also order book was also reasonably strong for Accenture that led to regaining some confidence in investors for the IT space which helped outperforming IT index.

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Clean has been generating ample free cash flow, which gives it the wherewithal for inorganic acquisitions to support earnings growth.

Page Industries shares up 1.35% as Nifty gains

Updated at : 2023-04-12 11:55:04

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A total of 73 shares changed hands on the counter till time (IST).

Gold ticks higher in run-up to US inflation data

Updated at : 2023-04-12 10:30:06

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Meanwhile, Chicago Fed President Austan Goolsbee said the Fed should be patient about raising rates in the face of recent banking stress and a pullback in bank lending would help quell inflation and leave less for monetary policy to do.

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Recent inflation readings "show that disinflation is proceeding slowly - which is disappointing, to say the least," Harker said. The Fed targets 2% inflation which, by its preferred measure, is still running at about 5%.

Stocks that were in focus include names like TCS which was down more than 1% ahead of its results on Wednesday, ITC which rose nearly 2% to hit a fresh 52-week high, and Bajaj Auto which also closed with gains of over 2% on Tuesday.

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