583.76% Up In 5 Years: This Small Specialty Chemical Stock Turning Ex-Dividend On 7th July

Navin Fluorine International Ltd. is set to trade ex-Dividend next month on Jul 07, 2023, as Board Board fixes a record date for the Final Dividend of Rs 7 per equity share for FY 2022-23. The Company informed the same in a Board meeting held on May 13, 2023,

Navin Fluorine International Ltd. is a Padmanabh Mafatlal Group company. The company operates in the Specialty Chemicals sector. It is a small-cap company with a market capitalisation of Rs. 4902.40 crore.

Dividend and Record Date

"The Board of Directors, at its Meeting held today, has recommended a final dividend of ₹7/- (INR Seven only) per equity share for FY 2022-2023 and has fixed Friday, July 07, 2023 as Record Date pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for ascertaining eligibility of Members for the payment of aforesaid final dividend, if declared at the forthcoming 25 th Annual General Meeting by the Members of the Company," the company said in an exchange filing.

Type of Security - Equity Shares of Face Value of Rs 2/- each

Record Date - Friday, July 07, 2023

Purpose - the Ascertaining eligibility of Members for the payment of final dividend of ₹7/- per equity share (350% of the face value) for FY 2022-2023, as recommended by the Board at its Meeting held today i.e. on May 13, 2023, if declared by the Members of the Company at the forthcoming 25 th Annual General Meeting scheduled to be held on July 31, 2023. Final Dividend shall be paid on or after Friday, August 04, 2023, if declared.

Stock Movement

The stock of Navin Fluorine International is currently trading at Rs 4426.10 apiece, down 0.69% from its previous close. It hit an intraday high at Rs 4528.25 apiece and an intraday low at Rs 4415 apiece on BSE.

The stock declined 4.16% in the past 1 week, and 4.28% in the past 1 month, respectively. However, it jumped 20.06% in the past 1 year. In the past 3 years, it jumped 176.97%. While it jumped 583.76% in the past 5 years.

On BSE, the stock hit the 52-high at Rs 4992 apiece on May 15, 2023, and it hit the 52-week low at Rs 3559.55 apiece on Jul 07, 2022.

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