Multibagger Small Cap IT Stock Jumps 53.75% In 1 Week, Hit 52 Week High, Declares 100% Dividend

Nucleus Software Exports Ltd. on May 26, 2023, held a Board meeting, where the Board of Directors recommends a Final Dividend of Rs. 10/share i.e. 100% of face value of Rs. 10 each.

The recommended final dividend is subject to the approval of the shareholders at the forthcoming AGM. This is an IT sector stock small-cap stock with a market capitalisation of Rs. 2,724.05 crore.

100% Final Dividend

According to the regulatory filing by the Board of Directors of the company, "The Board of Directors of the Company at its meeting held today has declared a Final dividend of Rs.10.00/- per Equity Share (i.e. 100% of face value of Rs. 10 each) of the Company for FY-22-23 subject to the approval of the Shareholders at the ensuing Annual General Meeting."

Stock Outlook

On Wednesday, the stock closed 2.11% down at Rs. 1017.45 apiece. It hit the fresh 52 week high at Rs. 1068.25 apiece on 30 May 2023, while the 52 week low at Rs. 351.35 apiece on 21 June 2022.

In the past 1 week, the stock gave a multibagger return of 53.75%. In the past 1 month, it gave 68.19% multibagger return. It gave 79.13% multibagger return in 3 months. In the past 1 year, it gave 146.06% multibagger return. In the past 3 years, it gave 321.13% multibagger return. In 5 years, it gave 163.93% positive return.

Disclaimer - The above-mentioned information is purely informational. The article should be treated as informational and not an advisory to invest. 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 making any investment decision.