Tata Elxsi and Tata Steel will trade ex-dividend on Thursday. Tata Elxsi has announced a final dividend of 606% at Rs 60.60 per share for the financial year 2022-23, with June 23 as the record date. Tata Steel’s board has recommended a dividend of Rs 3.60 per share for the financial year ended March 2023. Tata Elxsi offers design and technology services across industries, with its shares up 23% year-to-date. Tata Steel is among the top global steel companies, with an annual crude steel capacity of 35 million tonnes per annum.
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