Sixteen companies, such as DLF, Bata India, and Sundaram Finance, set July 31 as the record date for determining dividend eligibility. Investors must purchase shares today to qualify. Additionally, various stocks, including Aarti Pharmalabs and CRISIL, will start trading on an ex-dividend basis from Wednesday.

DLF among 16 stocks to trade ex-dividend on Wednesday; last date to buy today

Out of the lot, 5 are Nifty companies, i.e, Ultratech Cement, Maruti Suzuki, Cipla, Divis Laboratories and Hero Motocorp. Other names include companies like Vedanta, Oberoi Realty, Sundaram Finance etc.

Dividend stocks: Vedanta, Ultratech among 100 stocks to trade ex-dividend next week. Do you own any?

In October 2021, we recommended Sundaram Finance Holdings (SFH) due to its deep value, trading at a 42% holding company discount. The stock has since surged 250% to ₹274.70, reducing the discount to 13% (22% with cash and liquid investments). Given this significant appreciation and the limited remaining upside, we advise booking profits. SFH, spun off from Sundaram Finance in 2018, holds a diverse portfolio of auto component companies mainly within the TVS group. With the company’s investments now valued at nearly ₹7,000 crores and a market cap of ₹6,062 crores, the potential for further gains appears limited despite recent regulatory moves for better price discovery.

Sundaram Finance Holdings: Why it is time to book profits after 250 per cent returns from our accumulate recommendation

Sundaram Finance Holdings: What Should Investors Do

The company sold 0.83% equity in Sundaram Finance Ltd. for Rs 396 crore and a 0.82% stake in realtor Phoenix Mills Ltd. for Rs 453 crore.

BNP Paribas Sells Rs 1,600 Crore Stake In Four Companies

Robust franchise; albeit valuations sprinting ahead of fundamentals

Sundaram Finance - It’s A Marathon, Not A Sprint; Downgrade To Reduce: HDFC Securities

Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance has reported a net profit of Rs 57 crore for the January-March 2024 quarter, the company said.

Sundaram Home Finance Q4 Profit At Rs 57 Crore; Disbursements Breach Rs 5,000 Crore

We have moved to FY 26E and maintain our ‘Buy’ rating on Sundamram Finance with revised target price of 4,400 (earlier 3,870)

Sundaram Finance Q3 Results Review - AUM Growth Remain Strong; Asset Quality Improved: IDBI Capital

Sundaram Finance has reported a 24 per cent growth in standalone profit after tax at ₹281 crore for the quarter ended June 30, 2023, when compared to a net profit of ₹226 crore in the year-ago quarter, aided by double-digit growth in interest income

Sundaram Finance Q1 profit grows 24% at ₹281 cr

Sundaram Finance Ltd. reported 25% rise in net profit to ₹281 crore in June quarter. Revenue from operations grew 27% to ₹1,187 crore. Disbursements increased 32% to ₹6,489 crore. Gross & net NPA at 2.96% & 2% respectively. Assets under management rose to ₹37,255 crore. Execs expect economic activit…

Sundaram Finance Q1 net rises 25% to ₹281 cr.

Jagsonpal Pharm, Intellect Design, Foseco India, Sundaram Finance and Fino Payments Bank, hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sundaram Finance Limited is engaged in financial and insurance activities. It's segments include Asset Financing, Insurance and Other Operations.