Stocks to Watch: NALCO and 6 Other Stocks That Will Trade Ex-Dividend Next Week

Synopsis: Several stocks including Hexaware Technologies Ltd, UCO Bank, and National Aluminium Company Ltd will trade ex-dividend next week, offering investors opportunities to track payouts and price movements around upcoming record dates. 

Dividend announcements across sectors such as information technology, banking, specialty chemicals, pharmaceuticals, engineering, and metals are drawing investor attention as multiple companies approach their record dates next week.

These developments highlight potential short-term price movements and income opportunities, as stocks typically adjust around ex-dividend dates, making them important to watch for both traders and long-term investors.

Hexaware Technologies Ltd

Hexaware Technologies Ltd is a global IT consulting and business process outsourcing company headquartered in Navi Mumbai, India. It provides services such as application development, cloud solutions, cybersecurity, automation, and AI-driven digital transformation across industries like banking, healthcare, and manufacturing. 

With a market capitalisation of Rs. 27,346 cr, the shares of Hexaware Technologies Ltd closed at Rs. 447.55 per share, down from its previous close of Rs. 453.60 per share. The firm approved a dividend of Rs. 8.5 per equity share, representing a 850% payout over the face value of Rs. 1 per share. The dividend’s record date is May 4, 2025.

UCO Bank

UCO Bank is a government-owned commercial bank established in 1943 and headquartered in Kolkata. It offers a wide range of financial services including savings and current accounts, loans (agriculture, housing, personal), insurance, and international banking services. 

With a market capitalisation of Rs. 33,643 cr, the shares of UCO Bank closed at Rs. 26.83 per share, up from its previous close of Rs. 26.64 per share. 

The firm approved a dividend of Rs. 0.44 per equity share, representing a 4.4% payout over the face value of Rs. 10 per share. The dividend’s record date is May 4, 2025.

Elantas Beck India Ltd

Elantas Beck India Ltd is a leading manufacturer of specialty chemicals, particularly for electrical insulation and construction applications. It is part of the global ALTANA group and has been operating in India for decades. The company focuses on innovation and product development to serve industries such as electrical engineering and electronics, providing high-performance materials and solutions.

With a market capitalisation of Rs. 7,629 cr, the shares of Elantas Beck India Ltd closed at Rs. 9624.20 per share, down from its previous close of Rs. 10,038.35 per share. The firm approved a dividend of Rs. 7.5 per equity share, representing a 75% payout over the face value of Rs. 10 per share. The dividend’s record date is May 5, 2025.

Odyssey Technologies Ltd

Odyssey Technologies Ltd is an Indian IT company specializing in cybersecurity and digital security solutions. It offers products and services such as authentication systems, fraud prevention tools, and secure transaction platforms primarily for banking, financial services, and government sectors.

With a market capitalisation of Rs. 77 cr, the shares of Odyssey Technologies Ltd closed at Rs. 49.01 per share, down from its previous close of Rs. 49.73 per share. The firm approved a dividend of Rs. 1 per equity share, representing a 10% payout over the face value of Rs. 10 per share. The dividend’s record date is May 6, 2025.

Laurus Labs Ltd

Laurus Labs Ltd is a pharmaceutical and biotechnology company based in Hyderabad. It manufactures active pharmaceutical ingredients (APIs), generic formulations, and biotech products used in areas like HIV, diabetes, oncology, and cardiovascular diseases. 

With a market capitalisation of Rs. 59,335 cr, the shares of Laurus Labs Ltd closed at Rs. 1099.10 per share, down from its previous close of Rs. 1,105.70 per share. The firm approved a dividend of Rs. 1.2 per equity share, representing a 60% payout over the face value of Rs. 2 per share. The dividend’s record date is May 8, 2025.

KSB Ltd

KSB Ltd is an Indian engineering company engaged in manufacturing pumps and industrial valves used in sectors such as water management, energy, oil & gas, and chemicals. It also provides maintenance, repair, and technical consulting services. The company is part of the global KSB Group and is known for its engineering expertise in fluid handling solutions.

With a market capitalisation of Rs. 17,002 cr, the shares of KSB Ltd closed at Rs. 976.95 per share, down from its previous close of Rs. 984.55 per share. The firm approved a dividend of Rs. 4.4 per equity share, representing a 220% payout over the face value of Rs. 2 per share. The dividend’s record date is May 8, 2025.

National Aluminium Company Ltd

National Aluminium Company Ltd (NALCO) is a Navratna public sector enterprise under the Government of India. It is one of the largest integrated producers of alumina and aluminum in Asia, with operations spanning mining, refining, smelting, and power generation.  

With a market capitalisation of Rs. 73,364 cr, the shares of National Aluminium Company Ltd closed at Rs. 399.45 per share, down from its previous close of Rs. 433.20 per share.  The firm approved a dividend of Rs. 2 per equity share, representing a 40% payout over the face value of Rs. 5 per share. The dividend’s record date is May 8, 2025.

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