L&T Technology Services and Cyient Announce Dividend Payouts
1 report, 1 independent
Updated Oct 25
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What happened
L&T Technology Services approved a dividend of ₹20 per equity share, with the record date set for October 27. Cyient announced a dividend payout of ₹12 per share. These announcements occurred amid a period where the Nifty IT index rose nearly 1.17% over five trading sessions, despite overall market weakness.
From livemint.com
Why it matters
The dividend announcements are corporate actions that provide specific returns to shareholders of L&T Technology Services and Cyient. The IT sector has shown resilience, with the Nifty IT index increasing over the past five sessions despite broader market trends.
From livemint.com
Who's involved
- L&T Technology ServicesEngineering company that approved a ₹20 per share dividend payout
- CyientIndian multinational technology company that announced a ₹12 per share dividend
Keep exploring
The entities involved
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L&T Technology Services
engineering company in Gujarat, India
Nothing else this week.
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Cyient
Indian multinational technology company