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5 Stocks Set To Declare Interim Dividends, Bonus Issue, Stock Splits & Rights Issue
As we enter into a new financial year, and in first week of April, we like to highlight that in this week 5 stocks of companies are about to declare interim dividends, bonus shares, stock splits and rights issue. The companies are Britannia Industries, Globe Commercials Ltd, GM Breweries Ltd, Muthoot Finance Ltd, and Prerna Infrabuild Ltd. 3 companies will announce dividends, one will announce stock split and one will announce rights issue.
The details are given below:
| Company Name | Announcement of | Current market price (Rs/ share) | Type of market cap |
|---|---|---|---|
| Britannia Industries Ltd | Interim dividend | 4320.45 | Large Cap |
| Globe Commercials Ltd | Stock Split | 45.60 | Small Cap |
| GM Breweries Ltd | Final dividend | 557.50 | Small Cap |
| Muthoot Finance Ltd | Interim dividendy | 981.30 | Small Cap |
| Prerna Infrabuild Ltd | Rights Issue | 32.72 | Small Cap |
Britannia Industries Ltd
Britannia Industries Ltd was founded in 1892, is a large cap company that is specialised in food industry. It has a market cap of Rs 1,04,065.94 crore. In last one year the share price has rallied by 30.86%.
Globe Commercials Ltd
Globe Commercials Ltd was incorporated in 1985, it provides commodity trading services. It has a market capitalisation of Rs 27.37 crore and in last one year, the stock price has surged massively by 391.38%.
G.M. Breweries Ltd
G.M. Breweries Ltd was set up in the year 1981 and has been engaged in the manufacturing, marketing, and sale of alcoholic beverages such as country liquor and Indian made foreign liquor. It has a market capitalisation of Rs 1,018.9728 crore and in last one year the share price has fallen by 7.39%. the company is listed only on National stock exchange.
Muthoot Finance Ltd
Muthoot Finance Ltd is the largest gold loan and non banking financial company in India founded in 1939. It has a market capitalisation of Rs 39,394.11 crore and in last one year the share price has fallen steeply by 28.14%.
Prerna Infrabuild Ltd
Prerna Infrabuild Ltd is a small cap that is in the business of letting Safe Deposit Vaults to its customers since its inception in 1988. It currently has a market capitalisation of Rs 39.40 crore and in one year, its share price has gone up by 6.67%.
Disclaimer
This article is for information purposes only and is not a recommendation to buy, sell or hold. Greynium Information Technologies and the Author, are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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