The record date for the 500% third interim dividend by HCL Tech has been fixed to be today, October 20. The tech giant is set to pay the Rs. 10 / share dividend or 500% dividend in the next month. According to HCL Tech, "The Payment date of the said interim dividend shall be November 2, 2022." The shareholders' names, who are listed with the company, will be eligible to receive dividends by the end of the record date.

HCL Tech - stock performance on NSE
The current market price of HCL Tech stood at around Rs. 1,002.05 up by 0.64%, on October 20, 22 in the early trading hours. In the last 1 month its share price has gained by 9.63%, in the last 6 months its share price fell by 8.02%. Similarly, in the last 1 year its share price fell by 18.72%. However, this large-cap multibagger stock has given 134.41% to investors in the last 5 years.
The 52-week high level of this stock is Rs. 1,359.40, and the 52-week low level of this stock is Rs. 877.35. This large-cap company has a market capitalization of Rs. 271,909 crore.
HCL Tech reported that in Q2 FY23, its revenue stood at Rs. 24,686 crore, which increased by 19.5% YoY. The company's consolidated net profit gained by 7% to Rs. 3,489 crore in Q2. The company has also increased its full-year revenue guidance to 13.5% - 14.5% YoY in constant currency terms.
Disclaimer
Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock-related information about the companies.
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