Birla Corporation shares jump 7% on dividend record date news

Birla Corporation shares surged 7%, their biggest single-day gain since March 2026.

The company fixed July 24, 2026, as the record date for a Rs 12.50 per share dividend for FY26.

The dividend is subject to shareholders' approval at the upcoming Annual General Meeting.

The stock has a low PE ratio, attracting value investors.