Small Cap Stock Declared Rs 2 Interim Dividend, Fixes Record Date, Soars 410% In 3 Yrs

KDDL Ltd, a consumer durable sector stock, on 9 march 2023, considered & declared an Interim Dividend of Rs 2 per equity share i.e. 20% of Rs 10 each for the FY 2022-23. It also fixes the record date for the declared Interim Dividend. KDDL is a consumer Durable sector stock that manufactures watch components like dials, hands and precision engineering goods. Check Below to know more:

KDDL Ltd. Declared a Dividend of Rs Rs 2 i.e. 20%

The Board of Directors of KDDL Ltd. in their BSE filing on March 09, 2023, said, "Please be informed that the Board of Directors of KDDL Limited at its meeting held on Thursday, 9th March, 2023 has, inter alia, considered and declared Interim Dividend of Rs. 2 per equity share (i.e. 20%) of Rs. 10/- each, for the financial year 2022-23. The Record Date for determining the Members, eligible to receive aforesaid Interim Dividend is Tuesday, 21st March 2023. The Interim Dividend will be paid within 30 days from the date of declaration in terms of the relevant provisions of the Companies Act, 2013."

Stock Overview and Performance

The stock of KDDL is currently trading on BSE at Rs 1,063.75 apiece, up 1.39 as compared to its previous close. However, the stock has fallen 0.86% in a week, and 4.57% in a month. It gained 25.86% in the past 1 year. It gave a multibagger return of 410.63% in the past 3 years. In the past 5 years, it gave 173.67% positive return.

The stock recorded its 52 week high on 13 February 2023 at Rs 1,225 apiece and 52 week low on 17 June 2022 at Rs 603.60 apiece, respectively. This is a small-cap stock having a market capitalisation of Rs 1,349.36 crore.

Disclaimer

The above-mentioned information is purely informational. 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.