The TCS stock has fallen 27% on a year-to-date as well as a 12-month basis. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tata Consultancy Services Ltd. will be of interest on Tuesday, as it marks the last session for investors to buy shares to qualify for receiving the interim dividend before the stock goes ex/record-date.

The record date determines shareholder eligibility to receive a dividend. Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. Hence, as the record date of TCS interim dividend is Oct. 15, then shares must be purchased by Oct. 14.

The ex-dividend date, which typically coincides with the record date, marks when the share price adjusts to reflect the upcoming pay

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