Up 1390.80% In 3 Years! Small Cap Stock To Trade Ex-Dividend For 100% Dividend On July 27

Auto Components & Equipments company, Rajratan Global Wire Ltd. to trade ex-dividend on Jul 27, 2023, for 100% dividend i.e. Rs 2 per equity shares for financial year 2022-23.

In an exchange filing on Jul 12, 2023, along with Record Date for Dividend payment, the Board also fixed the date for AGM as Jul 27, 2023. On Apr 21, 2023, the Board recommended a 100% dividend. The market cap of the company is Rs 3,909.37 Crore.

"The Board has recommended final dividend subject to approval of members at the ensuing Annual General Meeting @ 100% i.e. Rs. 2.00 Per equity shares for financial year 2022-23," the company said in an exchange filing.

Meanwhile, the stock of Rajratan Global Wire closed today 7.21% down at Rs 770 apiece with Rs 830.80 intraday high and 760.50 intraday low on BSE.

The stock has fallen 7.46% in 1 week, while in 1 month, it has fallen 10.32%. The stock has fallen 8.89% in the 1 year, while it gained 129.04% in 2 years. It gained 1390.80% in 3 years and 1180.13% in 5 years, respectively.

The stock hit a 52-week high on Sept 08, 2022, at Rs 1,409.05 apiece and 52-week low on Mar 16, 2023, at Rs 697.55 apiece, respectively.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.