New Delhi, Aug. 22 -- Shares of small-cap stock Bhatia Communications & Retail (India) Limited jumped 7 percent in intra-day trading on Friday, August 22, as the company observed the record date for its first interim dividend of FY26. The surge reflects investor enthusiasm around the dividend announcement and continues the stock's recent upward momentum.

Bhatia Communications & Retail declared a first interim dividend of Rs.0.01 per equity share, with each share carrying a face value of Rs.1.

Dividends are a portion of a company's profits distributed to shareholders as a reward for their investment, providing a way to earn returns without selling shares. They may be paid in cash or in the form of additional shares, depending on company ...