RIL Group Small Cap Stock Recommends Rs 3.50/Share Dividend, Soars 225.49% In 3 Yrs

The Board of Directors of Reliance Industrial Infrastructure Ltd. in its meeting held on Thursday, April 20, 2023, recommends a dividend of Rs 3.50/share for the financial year ended March 31, 2023. This is a small-cap infrastructure sector company of Reliance Industries Ltd. (RIL). The company is mainly engaged in the business of setting up/operating industrial infrastructure. It has a market valuation of Rs 1,268.78 crore.

Recommended Rs 3.50 per share dividend

According to the regulatory filing by the Board of Directors of Reliance Industrial Infrastructure Ltd., "Recommended a Dividend of Rs 3.50 per Equity Share of Rs 10/- each for the financial year ended March 31, 2023."

Current Market Price and 52-Week Low/High

The stock of Reliance Industrial Infrastructure last traded at Rs 839.05 apiece on BSE, up 0.38% from the previous close of Rs 835.85 apiece. Its 52 week low was recorded on 20 June 2022 at Rs 716.80 apiece and 52 week high on 11 October 2022 at Rs 1,257.70 apiece, respectively.

Returns Over The Past 5 Years

The stock has given a positive return of 7.26% in 1 month, whereas, in the past 1 week it as given 1.34% negative return. In the past 1 year it has given 12.71% negative return. In the past 3 years, it has given 225.49% positive return. In the past 5 years, it has given 84.29% positive return.

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