Several major Indian companies are set to trade ex-dividend this week, offering investors a chance to qualify for dividend payments. Here's a breakdown of the key stocks and their dividend details:

Tech Giants and Financial Institutions

Tech Mahindra, a leading IT services provider, has announced an interim dividend of ₹15.00 per share. The company's record date is set for October 21, following a 5% sequential profit growth to ₹1,194.50 crore in the September quarter.

Indian Railway Finance Corporation (IRFC) declared an interim dividend of ₹1.05 per share, with the record date set for October 24. This announcement comes after IRFC reported a 10% sequential profit increase to ₹1,777.00 crore.

Renewable Energy Sector

Waaree Energies, a prominent player in the renewable energy sector, has announced its first-ever dividend of ₹2.00 per share. The company plans to distribute ₹57.53 crore to shareholders, with the record date set for October 24. This announcement follows an impressive performance in the September quarter, where Waaree's profit more than doubled year-on-year to ₹843.00 crore.

Other Notable Dividend Announcements

Several other companies have also declared dividends:

Important Dates

Investors should note that the ex-dividend dates for these stocks fall between October 20-24. To be eligible for the dividend payments, shareholders must own the respective stocks before their ex-dividend dates.

This wave of dividend announcements across various sectors, including IT, finance, real estate, and renewable energy, provides investors with multiple opportunities to benefit from dividend income. However, it's crucial for investors to consider their overall investment strategy and the potential impact of these dividends on stock prices when making investment decisions.

Several prominent Indian companies are gearing up to announce their quarterly financial results, with market watchers closely monitoring the performance of tech giants and consumer goods leaders. The upcoming earnings reports are expected to provide valuable insights into the current state of various sectors in the Indian economy.

Key Companies Reporting

A diverse group of companies across different sectors are set to reveal their quarterly performance:

• Infosys Ltd.
• Wipro Ltd.
• LTIMindtree Ltd.
• Nestle India Ltd.
• Eternal Ltd.
• Cyient Ltd.
• JSW Infrastructure Ltd.
• Zee Entertainment Enterprises Ltd.

Infosys and Eternal: Projected Figures

Analysts have provided estimates for two of the companies:

Infosys Outlook

For Infosys, industry experts anticipate:

• Moderate revenue growth
• Sequential margin expansion
• Stable demand in financial services
• Positive impact from large deal ramp-ups

Nestle India: Mixed Expectations

Nestle India faces a complex market environment:

• Gradual demand improvement as urban consumption slowdown eases
• Persistent margin pressures due to elevated input costs, particularly in coffee and palm oil
• Modest growth supported by:
  • Price hikes in premium categories
  • Benefits from recent GST rate cuts
• Potential near-term volume impact due to temporary destocking by trade partners

The upcoming earnings reports will be crucial for investors and market analysts to gauge the health of these companies and their respective sectors. As these major players release their results, the market will be watching closely for signs of growth, challenges, and overall economic indicators.