On Monday, Tata Technologies Ltd.' share price fell by 2.27% as the stocks traded ex-dividend. The company had announced a final dividend of Rs 8.35 and a one-time special dividend of Rs 3.35, totaling Rs 11.70 per equity share of Rs 2 each, for the fiscal year ended March 31, 2025.
The record date for the dividend was set for Monday, June 16, 2025, by Tata Technologies. This date determines the list of eligible shareholders who will receive the dividend.
According to the T+1 settlement procedure, investors needed to purchase shares of these companies at least one day prior to the record date to benefit from the dividend payout and announcements.
Tata Technology Share Price
The scrip fell as much as 2.27% to Rs 736.40 apiece. It pared losses to trade 2.13% lower at Rs 737.45 apiece, as of 09:34 a.m. This compares to a 0.15% advance in the NSE Nifty 50 Index.
It has fallen 28.38% in the last 12 months. Total traded volume so far in the day stood at 0.19 times its 30-day average. The relative strength index was at 45.
Out of 17 analysts tracking the company, three maintain a 'buy' rating, two recommend a 'hold' and 12 suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an downside of 17.2%.
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