Five Tata Group stocks turn ex-dividend; Tata Steel gains, others slip

Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India traded at ex-dividend adjusted price on Wednesday.

Shares of five Tata Group companies, Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals and Tinplate Company of India have turned ex-date for final dividend on Wednesday.

Tata Steel had announced a final dividend of Rs 51 per share, while Tata Elxsi approved final dividend of Rs 42.50 per share, followed by Tata Chemicals (Rs 12.50 per share), Tinplate Company (Rs 4 per share) and Tata Power (Rs 1.75 per share).

Among the individual stocks, as of 02:19 PM; Tata Chemicals, Tinplate Company, Tata Power and Tata Elxsi traded lower by up to 3 per cent on