Multibager Small Cap Chemicals Stock Gains 61.45% In 1 Month, Recommends Dividend Rs 6.50/Share

The Board of Directors of TANFAC Industries Ltd, in their meeting held on 21 April 2023, have recommended a Dividend of Rs.6.5 per equity share of Rs.10 each for the financial year 2022-23 subject to the approval of members in the ensuing Annual General Meeting. Tanfac Industries is a small-cap chemicals sector stock having a market capitalisation of Rs 1,441.39 crore.

Recommended Dividend of Rs 6.50/- per equity share

According to the board of directors of Tanfac Industries in its exchange filing to BSE, "Recommended dividend of Rs.6.50/- per equity share of Rs. 10/- each for the financial year ended 31st March, 2023. The Book Closure and Record Date for this purpose will be intimated in due course."

Stock's Last Traded Price, Returns & 52-Week Low/High

On Friday, Tanfac Industries shares closed 2.31% down from the previous close at Rs 1,466/share. Its 52 week high is Rs 1,550.75/share and 52 week low is Rs 433.50/share, respectively. It has given a 7.5% positive return in the past 1 week, and 61.45% in the past 1 month. The stock gained 142.72% in 1 year, 989.15 in 3 years and 1,045.31% in 5 years, respectively.

About - TANFAC Industries Ltd.

Tanfac Industries Ltd is a joint sector company promoted by Anupam Rasayan India Limited® and Tamil Nadu Industrial Development Corporation (TIDCO). The manufacturing facilities are spread over 60 acres in the chemical complex of SIPCOT Industrial Estate, Cuddalore. Cuddalore is 20 KM South of Pondicherry, about 200 KM south of Chennai, India.
The stock last traded at Rs 1,

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