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Sabse pehle baat karte hain dividends ki. Dekho, April 2026 khatam hone wala hai aur bahut saari companies apne shareholders ko dividend dene ka plan bana rahi hain.
Hindustan Zinc toh ₹11 per share ka interim dividend de raha hai, matlab total ₹4,648 crore bant jayega. Record date hai April 30.
Varun Beverages, jo PepsiCo ka partner hai, ₹0.50 per share ka dividend dega, record date May 1, ex-dividend date April 30 hogi.
Tanla Platforms bhi ₹6 per share ka second interim dividend de raha hai, FY26 ke liye total ₹12 ho gaya. Record date April 30.
ABB India ne ₹29.59 per share ka final dividend propose kiya hai, ex-dividend date April 30.
Aur Vesuvius India bhi ₹1.5 per share ka dividend recommend kar raha hai, record date April 30. Shareholder approval baki hai. Yeh sab dikhata hai ki companies apne investors ko value dene mein serious hain.
Ab aate hain Vedanta Limited par. Yeh company ek bada plan bana rahi hai - business ko alag karne ka, jise kehte hain 'demerger'. Isse har business unit ko alag se grow karne ka mauka milega aur company ka overall valuation bhi badh sakta hai. Shareholders ko naye companies ke shares milenge. Dekhna hoga ki yeh plan kitna successful hota hai, especially jab commodity prices volatile rehti hain.
Toh alag alag sectors ka kya scene hai? Hindustan Zinc ka P/E ratio lagbhag 19.1 aur dividend yield 1.81% hai. Vesuvius India ka P/E 40.38 hai par dividend yield sirf 0.29%. Tanla Platforms ka P/E 14.80 aur dividend yield 2.15% hai. Sabse interesting hai Varun Beverages, jiska P/E 55.9 ke aas paas hai, matlab market ko isse bahut growth ki umeed hai, isliye valuation bhi premium hai, aur dividend yield 0.29%.
Overall Indian market ki baat karein toh Standard Chartered ko lagta hai ki April 2026 mein valuations attractive lag rahe hain aur log shares mein invest kar sakte hain. Lekin global politics aur FIIs ke paise nikalne ka risk bhi hai.
Garmi ka mausam beverage sector ke liye revenue badha sakta hai, par raw material mehenga hone se profit margin par thoda pressure aa sakta hai.
Lekin bhai, har chiz mein risk hota hai. Jaise Hindustan Zinc ka dividend payout ratio 84.8% hai, agar earnings kam hui toh mushkil ho sakti hai. Varun Beverages ka 55.9 P/E ye batata hai ki stock growth par bahut depend karta hai. Vesuvius India mein 40.38 P/E aur low dividend yield shayad growth ke liye zyada premium charge kar raha hai.
Vedanta ke demerger mein bhi execution ka risk hai. Aur haan, global tensions, crude oil prices ka upar-neeche hona, aur FIIs ka outflow market ko impact kar sakta hai.
Analysts mostly positive hain, especially Varun Beverages ke liye jise 26 se zyada analysts 'Strong Buy' keh rahe hain. Tanla Platforms bhi 'Strong Buy' category mein hai. Lekin Motilal Oswal jaisi firms valuations ko lekar warning de rahi hain, jaise Nestle India ke case mein unhone 'valuation trap' ki baat ki thi. Toh sabko dhyan rakhna hoga.