Saurabh Chandrakar Latest News : TATA Power Dividend, Payout Date

Saurabh Chandrakar Latest News : Exciting news from Tata Power! The board has announced a dividend for 2024, showcasing the company’s strong financial performance and commitment to rewarding its shareholders. 

Stay tuned for more details on the dividend amount, record date, and how this decision reflects Tata Power’s strategic growth. Let’s celebrate this achievement and look forward to a brighter, sustainable future together! #TataPower #DividendAnnouncement #PoweringProgress #SaurabhChandrakar #SaurabhChandrakarLatestNews

Saurabh Chandrakar Tata Power Dividend 2024

Tata Power Dividend 2024: Tata Power, a leading power sector company under the Tata Group, is set to reward its shareholders with a dividend on each equity share. The dividend amount will be revealed in its Q4 FY2024 quarterly results.

About Tata Power:
Tata Power, a Tata Group entity, focuses on generating, transmitting, and distributing electricity.

Dividend Announcement Date:
Through an exchange filing, Tata Power announced that its board would consider recommending a dividend for shareholders during the Q4 results meeting, scheduled for today.

Tata Power Q4 Results Date:
In a statement filed with the BSE, Tata Power confirmed that its board meeting on May 8 would review the audited financial results and, if appropriate, declare a dividend for the fiscal year ending March 31, 2024.

Record Date:
If a dividend is declared, it will be paid to shareholders eligible on the record date. The specific record date will be announced alongside the dividend amount.

Dividend History:
In June 2023, Tata Power paid a dividend of Rs 2 per share to its investors. In 2022, it rewarded shareholders with a dividend of Rs 1.75 per share. In 2021 and 2020, the company paid Rs 1.55 per share each year.

Saurabh Chandrakar Analysis For TATA POWER

  • Support Level: This is the price point where demand might be strong enough to prevent the stock price from declining further.
  • Resistance Level: This is the price point where selling pressure might prevent the stock price from rising further.
  • Threshold Point: This is usually the critical level that, when crossed, indicates a shift in market sentiment.
  • Breakout Point: This is a price level beyond which the stock is expected to move significantly due to increased trading activity.

Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.

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