The stock market may see significant activity in select stocks on Friday. This is because many companies are planning to offer benefits like bonus shares and dividends to their shareholders...

Get ready... These stocks may see some movement on Friday due to bonus and dividend announcements. Learn the details.

Stocks to watch on January 16: The Indian stock market may see significant activity in select stocks on Friday, January 16. This is because, amid the quarterly results season, many companies are offering benefits such as bonus shares and dividends to their shareholders.

On Friday, major IT companies and several other companies will implement important decisions that investors are likely to keep an eye on. Let's take a look at some of these companies...

HCL Tech Share

HCL Tech shares may see some movement on Friday. The reason behind this is the company's recent quarterly results, which showed a decline of more than 11% year-on-year to ₹4,076 crore.  

Along with this, giving relief news to the investors, the company has decided to give an interim dividend of Rs 12 per share on January 16.

Tata Consultancy Services Share 

TCS has released its December quarter results, showing a 14% year-on-year decline in profit to ₹10,657 crore. However, the company has announced an interim dividend of ₹57 per share, including a special dividend of ₹46. This news may boost investor sentiment in the company's shares.  

Tembo Global Industries Share

Tembo Global Industries has declared an interim dividend for the financial year 2025-26. Under this, a dividend of ₹1 will be paid for each equity share of ₹10 face value. Investors will receive this dividend on Friday, January 16. Shares may see movement following this information, provided in the company's exchange filing.