INDIA MARKET LENS
Markets▼ NegativeCorporate Actions

Small-cap dividend gems: 9 stocks with up to 16% yield - Premco, PTC India, Honda Power to Majestic Auto | Check returns

Indian markets moved higher in a corporate actions development for FY 2025.

· LiveMint Markets

Majestic Auto shares rose 1.37% to ₹370 with a market cap of ₹384.71 crore. A dividend of ₹60 per share for FY 2025-26 was announced, yielding 16.8%. Indo Borax shares fell 3.23% with ₹40 per share dividend yielding 7.9%.

Period
FY 2025

Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • This is a market-wide development — its reach goes beyond any single stock.
  • Sector exposure: Power, Auto.
  • The immediate tone of coverage reads negative.
PowerAuto