Latest news with #JohnsonControls-HitachiAirConditioningIndia
Mint
a day ago
- Business
- Mint
Johnson Controls — Hitachi Air Conditioning India declares ₹36 per share dividend. Record date, other details
Dividend stock: Johnson Controls — Hitachi Air Conditioning India on Thursday, July 3, announced an interim dividend of ₹ 36 per share for the financial year 2025-26 (FY26). This is the first interim dividend for FY26. "The Board declared an interim dividend of ₹ 36/- per equity share (360%) of ₹ 10/- each for the year 2025-26," the small-cap stock said in a regulatory filing today. The company has fixed July 9 as the record date for determining the members eligible to receive the interim dividend. Meanwhile, it added that the interim dividend will be paid on or before July 24. According to Trendlyne data, Johnson Controls-Hitachi Air Conditioning India has declared 11 dividends since July 2010. In the past 12 months, Johnson Controls-Hitachi Air Conditioning India has declared a dividend amounting to ₹ 15 per share, resulting in a dividend yield of just 0.85% considering its share price. The last dividend announced by the company was ₹ 15, with the record date set as June 10. Johnson Controls-Hitachi Air Conditioning India share price was trading on a firm note today amid gains in the Indian stock market. Johnson Controls-Hitachi Air Conditioning India share price hit the day's high of ₹ 1784.20, recording a 2.3% upside over the last close. The small-cap stock, having a market cap of ₹ 4,800 crore, has declined 11% in the last one year and 2% year-to-date. For the fourth quarter of last fiscal year, Johnson Controls-Hitachi Air Conditioning India had reported a 20% year-on-year increase in its revenue to ₹ 932.6 crore while its profit stood at ₹ 56 crore as against ₹ 48.8 crore in the same period a year ago, recording a growth of 14.75%.
Mint
a day ago
- Business
- Mint
Johnson Controls — Hitachi Air Conditioning India declares ₹36 per share dividend. Record date, other details
Dividend stock: Johnson Controls — Hitachi Air Conditioning India on Thursday, July 3, announced an interim dividend of ₹ 36 per share for the financial year 2025-26 (FY26). This is the first interim dividend for FY26. "The Board declared an interim dividend of ₹ 36/- per equity share (360%) of ₹ 10/- each for the year 2025-26," the small-cap stock said in a regulatory filing today. The company has fixed July 9 as the record date for determining the members eligible to receive the interim dividend. Meanwhile, it added that the interim dividend will be paid on or before July 24. According to Trendlyne data, Johnson Controls-Hitachi Air Conditioning India has declared 11 dividends since July 2010. In the past 12 months, Johnson Controls-Hitachi Air Conditioning India has declared a dividend amounting to ₹ 15 per share, resulting in a dividend yield of just 0.85% considering its share price. The last dividend announced by the company was ₹ 15, with the record date set as June 10. Johnson Controls-Hitachi Air Conditioning India share price was trading on a firm note today amid gains in the Indian stock market. Johnson Controls-Hitachi Air Conditioning India share price hit the day's high of ₹ 1784.20, recording a 2.3% upside over the last close. The small-cap stock, having a market cap of ₹ 4,800 crore, has declined 11% in the last one year and 2% year-to-date. For the fourth quarter of last fiscal year, Johnson Controls-Hitachi Air Conditioning India had reported a 20% year-on-year increase in its revenue to ₹ 932.6 crore while its profit stood at ₹ 56 crore as against ₹ 48.8 crore in the same period a year ago, recording a growth of 14.75%. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
a day ago
- Business
- Business Standard
This smallcap household appliances share price rises 2% today; check why
Johnson Controls-Hitachi Air Conditioning India share price: Johnson Controls-Hitachi Air Conditioning India share price rose sharply on Thursday, July 3, 2025, with the stock rising as much as 2.01 per cent to hit an intraday high of ₹1,778.95 per share. At 12:16 PM, Johnson Controls-Hitachi Air Conditioning India share price continued to trade higher, up 1.55 per cent at ₹1,770.85 per share. In comparison, BSE Sensex was trading 0.22 per cent higher at 83,590.54 levels. What triggered the sharp up move in the stock price? Johnson Controls-Hitachi Air Conditioning India rose today after the board declared an interim dividend of ₹36 per equity share (360 per cent) of ₹10 each for the year 2025-26. The record date, meanwhile, for the purpose of determining the members eligible to receive the interim dividend for the financial year 2025-26, has been fixed as July 9, 2025. The interim dividend will be paid on or before July 24, 2025, the company said. Johnson Controls-Hitachi Air Conditioning India Q4 results Johnson Controls-Hitachi Air Conditioning India reported a 14.87 per cent year-on-year (Y-o-Y) increase in net profit to ₹56.07 crore for the quarter ended March 2025 (Q4FY25), compared to ₹48.81 crore in the same quarter of the previous year (Q4FY24). Revenue for the quarter also saw strong growth, rising 20.83 per cent to ₹932.57 crore from ₹771.81 crore in March 2024. For the full financial year ended March 2025, the company posted a net profit of ₹58.83 crore, a major turnaround from a net loss of ₹75.71 crore in the previous fiscal year. Annual sales surged 43.66 per cent to ₹2,756.46 crore, up from ₹1,918.70 crore in FY24. About Johnson Controls-Hitachi Air Conditioning India Johnson Controls-Hitachi Air Conditioning was formed on October 1, 2015, as a joint venture between Hitachi Appliances, Inc. (now Hitachi Global Life Solutions, Inc.) and Johnson Controls, Inc. As part of the agreement, Hitachi carved out its air conditioning business and contributed it to the new entity. Johnson Controls acquired a 60 per cent stake in this business, while Hitachi Global Life Solutions retained a 40 per cent share. The partnership brings together two legacy companies, each with over a century of innovation and expertise, to create a dynamic new organisation. Together, they offer one of the industry's most comprehensive and diverse air conditioning product portfolios, delivering enhanced value to customers worldwide. Johnson Controls-Hitachi Air Conditioning's market capitalisation is ₹4,815.1 crore, according to BSE.
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Business Standard
09-06-2025
- Business
- Business Standard
Dividend, stock split: Asian Paints, Indian Bank & 3 others to go ex-date
Dividend stocks: Asian Paints, Indian Bank and 3 others will be in focus today as they will trade ex-date on Tuesday, June 10, 2025. In the light of recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors. It should be noted that the record date and ex-date for the mentioned stocks are the same. Shares trading ex-date for final dividend Asian Paints has declared a final dividend of ₹20.55 per share, Indian Bank ₹16.25, Johnson Controls-Hitachi Air Conditioning India ₹15, and Tata Investment Corporation ₹27 per share, according to corporate action data on BSE. A final dividend is the amount given by a company to its shareholders after the end of its financial year, based on its full-year profits, and approved by shareholders at the Annual General Meeting (AGM). Catch Stock Market Updates Today LIVE Stock split Apart from that, Vesuvius India will trade ex-date for its stock split of 1:10 ratio. The shareholders will receive 10 equity shares of ₹1 each, fully paid-up, for 1 equity share of ₹10 each, fully paid-up, held by them as on the "record date", upon subdivision/split. The ex-date (or ex-split date) is the date on or after which a stock trades without the value adjustment for a stock split. The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date. Will investors be eligible to receive dividends, stock splits, or bonus shares if they purchase shares on the ex-date or record date? No, they won't be eligible for dividends, stock splits, or bonus shares if they buy the stock on the ex-date or record date. To qualify, one must purchase the shares at least one trading day before the ex-date, due to the T+1 settlement cycle in India.
