INDIA MARKET LENS
Companies◆ MixedCorporate Actions

Special dividend stocks: TCS, JSW Dulux, Premco Global, Honda India Power in 5 firms offering extra payout

Tata Consultancy made an announcement in a corporate actions development for FY26.

· LiveMint Markets

Tata Consultancy Services, JSW Dulux, Indo Borax & Chemicals, Premco Global, Majestic Auto and Honda India Power Products announced special dividends in FY26. Their total payouts ranged from ₹10 to ₹236 per share, while share-price performance varied widely.

Period
FY26

Tata Consultancy reported ₹10 and ₹236 for FY26. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +3.9% on the day at ₹2,156.00, and has returned +5.2% over three months. It sits 35% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +1.6% over the same period, so Tata Consultancy is running 3.6 points ahead of its peers.

For Tata Consultancy, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.

  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • The company directly in focus is TCS.
  • Sector exposure: IT, Paints & Building Materials, Power.
TCSAKZOINDIAITPaints & Building MaterialsPowerAuto