Discover and read the best of Twitter Threads about #Majesco

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#MCPersonalFinance | Majesco has announced a dividend of Rs 974 per share. What should existing shareholders do? Should others buy the stock just to pocket the dividends? @nikhilmw explains

#Majesco #MajescoDividend #StockMarket #Stocks…
Read 5 tweets
A small thread to explain the tax implications of dividend of Rs.974 per share declared by #majesco Ltd which is winding up its business🧵👇
1. For starters, Majesco is declaring such huge dividend on account of it selling its US business. But, as an investor, should one think of buying the shares now? Let us find out.
2. The current market price per share of Majesco is Rs.980. This is almost at par with the dividend per share. Now, if you buy shares of Majesco, you will be entitled to dividend of Rs.974 per share.
Read 12 tweets

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