TCS Q3FY24-25 Results: India's largest IT company TCS (Tata Consultancy Services) is going to release the results of the third quarter (October-December 2024) of the current financial year on Thursday, January 9. Not only domestic investors but also many foreign investors will be keeping an eye on the results of this Tata Group company. Let us tell you that along with releasing the results of the third quarter of the financial year 2024-25, the company can also announce dividend for its shareholders. This will be the third interim dividend for the financial year 2024-25.

TCS fixed the record date

TCS had also announced the record date for dividend payment in an exchange filing on December 31. The company had said in the filing that if the payment of dividend is approved in the board meeting to be held on January 9, then Friday, January 17 will be the record date for it. That is, on January 17, the company's shares will trade ex-dividend. Let us tell you that the benefit of dividend is not available on new shares purchased on the record date. However, the benefit of dividend is available on all the shares available in the account including new shares purchased a day before the record date.

TCS shares fell marginally today

Let us tell you that today on Monday, there is a huge decline in the Indian stock market. However, there is no major impact of this terrible decline on the shares of TCS. As of 12.07 pm on Monday, TCS shares were trading at Rs 4088.85 on the BSE, down by Rs 10.40 (0.25%). During today's trading, the company's shares had reached an intraday high of Rs 4149.25 from an intraday low of Rs 4064.70. According to BSE data, the 52-week high of TCS shares is Rs 4585.90 and the 52-week low is Rs 3593.30. The current market cap of the company is Rs 14,75,781.72.