For DJ Mediaprint & Logistics there is no buyer. But for TAPARIA TOOLS LTD there is no seller. TAPARIA TOOLS LTD declares Rs 70 on 30/12/2021 (ex) when CMP is Rs 99.8. As the dividend declared is more than 5% of CMP the share price is reduced by a trade on 10 Feb 2022 to Rs 31.25. Now again the TAPARIA TOOLS LTD declares Rs 50 as dividend (24 Feb 2022 Ex Date). My question is On 10 Feb 2022 the market opens on LC (Rs 99.8 - Rs 70) = Rs 29.8 and a trade happens at UC @ 5% on Rs 29.8 at Rs 31.25, but now CMP is only Rs 31.25 dividend is Rs 50/-. What will be LC after Record Date ?
1.1. sachin kush1|| Link|March 21, 2022 11:04:09 AM
But for TAPARIA TOOLS LTD there is no seller.
TAPARIA TOOLS LTD declares Rs 70 on 30/12/2021 (ex) when CMP is Rs 99.8.
As the dividend declared is more than 5% of CMP the share price is reduced by a trade on 10 Feb 2022 to Rs 31.25.
Now again the TAPARIA TOOLS LTD declares Rs 50 as dividend (24 Feb 2022 Ex Date).
My question is On 10 Feb 2022 the market opens on LC (Rs 99.8 - Rs 70) = Rs 29.8 and a trade happens at UC @ 5% on Rs 29.8 at Rs 31.25, but now CMP is only Rs 31.25 dividend is Rs 50/-. What will be LC after Record Date ?