Textiles Stock Below Rs 100 Set To Trade Ex-Dividend Next Week On Sept 15, Scrip Rallies 4.88%

Sanrhea Technical Textile Ltd, a microcap textiles company, has fixed the record date as Sept 15, 2023, for payment of Rs 1/- per equity share i.e. 10% of the face value of Rs 1/- for the financial year 2022-23. The said dividend is subject to approval by the members of the company at the AGM, which is scheduled on Sept 30, 2023.

"it is here by informed that Friday, the 15th September, 2023 is being fixed as Record Date for taking record of the Members of the Company for the purpose of final dividend for the financial year 2022-23, if declared by the shareholders at the ensuing 40th Annual General Meeting to be held on 30th September, 2023" the Board said.

Shares of Sanrhea Technical Textiles on Monday opened at Rs 71.75/share, currently trading at Rs 72/share, up 4.88% from the previous close. The stock has a market cap of Rs 36 Crore.

The stock gained 10.77% in 1 week, however, it declined 5.14% in 1 month. In 1 year, it declined 29.52%. In 2 and 3 years, it gained 77.56% and 526.09%, respectively. In 5 years, it gave 97.80% positive return.

Its 52-week high is Rs 126.60/share and 52-week low is Rs 49.93./share.

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