Alert For Traders Looking For An Adani Group Stock: Board Sets Record Date For Dividend, Payout Inside; Buy?

One of the top cement firms in India is Orient Cement Limited, which is a division of Ambuja Cements Limited and the diverse Adani Group. It serves sections of Madhya Pradesh, Tamil Nadu, Kerala, Gujarat, Chhattisgarh, Maharashtra, Telangana, Andhra Pradesh, and Karnataka with a combined capacity of 8.5 MTPA.

Orient Cement Dividend

"Pursuant to Regulation 42 of SEBI Listing Regulations, it is hereby informed that the Company has fixed Friday, 25th July 2025 as 'Record Date' for the purpose of determining entitlement of the members of the Company to receive Dividend of Re. 0.50/- (fifty paisa only) per Equity Share having face value of Re. 1/- each fully paid up for the financial year 2024-25. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or after 12th August 2025, subject to deduction of tax at source as applicable," said Orient Cement in a stock exchange filing.

Orient Cement Upcoming AGM

"The Board has approved the proposal to convene 14th Annual General Meeting ("AGM") of the Company on Thursday, 7th August 2025 at 10:00 a.m. through Video Conferencing / Other Audio Visual Means in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India," informed Orient Cement to stock exchanges on July 3, 2025.

Orient Cement Dividend Yield & History

Orient Cement has regularly distributed yearly dividends over the last 10 years, albeit in varying amounts. With a trailing yield of roughly 0.62% as of July 2024, INDmoney states that for fiscal 2025, Orient Cement declared Rs 1.50, yielding approximately 0.95% based on a share price of Rs 240. Wisesheets reports that the company paid out Rs 0.75 twice in 2018 (in February and July) and again in 2020. Payouts then increased gradually, reaching Rs 1.50 by mid-2024.

Divvydiary estimates an upcoming dividend of Rs 2.25 (~0.93%) for FY 2026 and observes that the forward yield is likely to be about Rs 2.25 annually (≈0.93%). According to Trendlyne, the average trailing dividend yield for cement and construction firms in this sector is around 0.62% when compared to the broader Indian cement and basic materials sector. The yield of Orient Cement is rated by SimplyWallSt at around 0.21%, which is much less than the industry median of 0.5%.

Orient Cement Share Price Target

"ORIENTCEM is currently trading at 241.43, the stock has undergone a sharp correction of nearly 40% from its recent highs, witnessing significant selling pressure through June. However, the stock has shown signs of a recovery after taking support near the ₹220 zone, which has historically acted as a strong demand area. This bounce-back with increased volume indicates a potential base formation around current levels," commented Mandar Bhojane - Equity Research Analyst at Choice Broking.

"The Relative Strength Index (RSI) has climbed from the oversold region, currently hovering near 30.48, suggesting that the bearish momentum has slowed. In conclusion, despite the short-term recovery, there is no clear directional trend visible on the chart at the moment. Traders are advised to wait for a decisive breakout or breakdown before initiating fresh positions," the analyst further added.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.