793% Return In 3-Years: Small Cap Auto Ancillaries Stock Fixes Record Date For Dividend

Board of directors of small cap stock, Ramkrishna Forgings have fixed May 9, 2023 as the record date for interim dividend, if approved. The stock offered attractive return to investors over the years. In last 2-years, it gave return of 181% and 64% return in last 1-year. Last trading price of the stock on BSE is Rs 312.45 apiece. Check
details below:

Ramkrishna Forgings Ltd Fixes Record Date For Interim Dividend: According to the regulatory filing of the company, "A meeting of the Board of Directors of the Company is scheduled to be held on Friday, 28 April, 2023, inert-alia to:
a) Consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31 March, 2023.
b) Consider and approve the payment of Interim Dividend, if any, for the Financial Year 2022-23.

Ramkrishna Forgings Ltd Stock Performance: Last trading price of Ramkrishna Forgings as of April 11, 2023 is Rs 312.45 apiece on BSE. The stock's 52-week high price is Rs 318.00 apiece and 52-week low price is Rs 145.50 apiece, respectively. The company's market capitalisation is Rs 4,995.75 crore.

Ramkrishna Forgings Ltd Return: The stock rallied 50% in last 6-months, gave return of 64% in last 1-year, 181% return in last 2-years, and a massive 793% return in last 3-years.

Ramkrishna Forgings About: Ramkrishna Forgings Limited was founded on 12th November 1981. It is a supplier to various sectors like automotive, railways, farm equipment, bearings, oil & gas, power and construction, earth moving & mining, both in India & overseas markets. It is also a critical safety item supplier for screw coupling, bolster suspension, side frame keys and draw gear assembly for railway coaches and wagon. It is a preferred supplier to OEM's like TATA Motors, Ashok Leyland, VE Commercial and Daimler in India and to Volvo, Mack Trucks, Iveco, Ford in the overseas markets, according to its official website.

Disclaimer:The stock has fixed record date for interim dividend. 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 check with certified experts before taking any investment decision.