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RattanIndia Power and Reliance Shares Leap as Tata Elxsi and VTM Offer Large Payouts

Heavy trading in select stocks, record dividends, bonus issues, defense contracts have driven recent gains in Indian equities.

लगातार क्यों भाग रहा है ₹20 से कम वाला रतनइंडिया पावर का शेयर? एक्सपर्ट ने कहा - प्रॉफिट बुक कर लें
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Overview

  • RattanIndia Power shares jumped over 12% on June 11 after heavy trading volumes triggered exchanges to seek clarification following a five-day rally.
  • Reliance Infrastructure rallied about 4% after its defense arm secured a ₹10,000 crore contract with Germany’s Diehl Defence for precision-guided ammunition production.
  • Reliance Power has surged 85% over the past month as debt reduction and positive cash flows bolstered investor confidence in the Anil Ambani-led firm.
  • Tata Elxsi is issuing a 750% dividend—the largest in four years—with today as the record date for shareholders to qualify for the payout.
  • VTM Ltd shares hit an upper circuit as the stock trades ex-bonus issue, with shareholders set to receive three free shares for every two held.