Rs 60/ Equity Share Dividend: Small Cap Power Sector Company Sets Record Date

Small cap power sector company, Voltamp Transformers Ltd on Wednesday fixed July 31, 2023 as the record date to decide the entitlement, if any, for dividend payment for the financial year 2022-23. Voltamp Transformers shares delivered 56% return in last 6-months and 29% return in last 1-year. Check details below:

Voltamp Transformers Declares Record Date For Dividend: The company fixed July 31, 2023 as record date for dividend payment. Earlier, as per the company's regulatory filing, "Recommended dividend on Equity Shares @400% (i.e. Rs. 40 per equity share). In addition, Directors also recommended payment of one-time special dividend @200% i.e.Rs.20 per equity share on successful completion of 60 years in transformer business. With that total final dividend recommended is @600% i.e. Rs. 60 per share of Rs. 10 each for the year ended on 31st March, 2023."

Voltamp Transformers Stock Performance & Return: Last trading price of Voltamp Transformers share is Rs 4126.15 per share with intraday gain of 1.71%. Its 52-week high price is Rs 4399.00 per share and 52-week low price is Rs 2352.00 per share, respectively. The zero-debt burden company has a market capitalisation of Rs 4174.48 crore. Voltamp Transformers shares offered return of 45% return in last 3-months, 52% return YTD, 164% return in last 2-years, and 274% return in last 3-years. In last 5-years, Voltamp Transformers stock jumped 345%.

Voltamp Transformers Financial Performance: The company for the quarter ended March 31, 2023 declared its standalone total income at Rs 450.69 crore, up 21.42% as against Rs 371.20 crore announced in the previous quarter. The company in its latest quarter declared the net profit after tax at Rs 76.57 crore.

Voltamp Transformers About: Voltamp Transformers Ltd. was initially incorporated as Private Limited Company and established in year 1967 in Vadodara. The Company has installed facility to manufacture oil filled power and distribution transformers up to 160MVA, 220kV Class, resin impregnated dry type transformers up to 5 MVA, 11KV Class (In Technical collaboration with MORA, GERMANY) and cast resin dry type transformers up to 12.5 MVA, 33 KV Class (In Technical collaboration with HTT, GERMANY), according to its official website.

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