A Oneindia Venture

320% Dividend: Small Cap Multibagger Stock To Trade Ex-Dividend On Nov 25

Small cap stock from the Industrial Equipment sector ESAB India Ltd is set to trade ex-dividend on November 25, 2023. Earlier on November 15, 2023, the company revised the record date for interim dividend of Rs 32/- per share i.e. 320% with face value of Rs 10/- each for the financial year ending March 31, 2024. ESAB India shares gained 604% in last 5-years and declined 3.51% in last 2-weeks. Check details below:

ESAB India To Go Ex-Dividend: According to the BSE filing of the company issued today, "Further to our letter dated 10th November 2023 wherein we had informed that the Board of Directors in their meeting held on 10th November 2023 have declared Interim Dividend of Rs.32/- per equity share i.e. 320%, having face value of Rs.10/- each for the financial year ending 31st March 2024, we hereby inform you that we have revised the Record Date for the said Interim Dividend 2023-24 and fixed on 25th November 2023. The details of the said interim dividend are furnished below for your reference and records."

320% Dividend: Small Cap Multibagger Stock To Trade Ex-Dividend On Nov 25

ESAB India Stock Price & Return: Last trading price of ESAB India share BSE is Rs 6175.50 per share with intraday dip of 0.01%. Its 52-week high price is Rs 6542.65 per share and 52-week low price is Rs 3221.35 per share, respectively. The company has a market capitalisation of Rs 9505.96 crore. ESAB India shares gained 72% in last 6-months, soared 68% in last 1-year, jumped 352% in last 3-years, and rallied 604% in last 5-years span.

ESAB India About: ESAB India Ltd is one of the leading suppliers of welding and cutting products in India. It is engaged in the business of fabrication technology. It operates significantly into domestic and international markets. Its products became an integral part of industries like Shipbuilding Petrochemical Construction Transport Offshore Energy and Repair and Maintenance.

Disclaimer: The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

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