Dividend pay-out impacts market price of automobile sector shares on NSE.
The article explores how dividend payments by automobile companies can affect their stock prices. By studying data from 2009 to 2018, it was found that there is a strong connection between the amount of dividends a company pays out and its market value. Some companies even saw a decrease in their stock prices when they paid out more dividends. This suggests that shareholders do care about the dividends they receive and that it can impact how much they value a company's stock.