Upcoming Dividend: Small Cap IT Stock Sets Jan 26 As Record Date, YTD Return 174%

Board of directors of small cap IT Software sector company, Ksolves India Ltd fixed January 26, 2023 as the record date for dividend, if declared. The company will also approve the unaudited financial results of the company in its meeting scheduled to be held on January 18, 2023. Ksolves India shares offered return of 174% year-to-date. Ksolves India shares hit upper circuit in trade today and yesterday. Check details below:

Ksolves India To Consider Interim Dividend, Approve Un-Audited Financial Results: According to the BSE filing of the company issued as on December 19, 2023, "we hereby inform you that a meeting of the Board of Directors of Ksolves India Limited is scheduled to be held on Thursday, January 18, 2024, inter alia to:

1. Approve and take on record the U n - Audited Standalone Financial Results of the Company for the quarter and nine months ended December 31, 2023;

2. Approve and take on record the U n - Audited Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2023;

3. To recommend Interim Dividend: The record date for the dividend if declared, shall be Friday, January 26, 2024."

Ksolves India Dividend History: Ksolves India announced 9 dividends since Feb. 2, 2021. In the last 12 months, Ksolves announced an equity dividend amounting to Rs 18.00 per share. If the current share price of Rs 1207.1 is taken into consideration, it offers a dividend yield of 1.49%, according to Trendlyne.

Earlier this year, Board of directors of Ksolves India Ltd on October 15 considered and declared 1st interim dividend of Rs.7/- (Rupees Seven) per share for financial year 2023-24 on its fully paid-up Equity share Capital of the Company. The company fixed October 26, 2023 as the record date.

Ksolves India Stock Performance & Return: Last trading price of Ksolves India shares on BSE is Rs 1207.10 apiece with intraday gain of 4.85%. Ksolves India shares have been hitting back-to-back upper circuits for the last two days. The company has a market capitalisation of Rs 1431.14 crore. Ksolves India shares gained 11% in last 1-week, soared 16% in last 3-months, rallied 38% in last 6-months, and offered attractive return of 174% year-to-date. In last 1-year, Ksolves India shares jumped 181%. Ksolves India stock's 52-weekhigh price is quoted at Rs 1447.60 per share and 52-week low price is quoted at Rs 356.65 apiece, respectively.

Ksolves India About: Ksolves India Limited is a leading Software Development Company dedicated to working on cutting-edge technologies like Big Data, Machine Learning, Salesforce®, Odoo, etc. With a team of 450+ developers and architects, we are consistently delivering innovative and customised software solutions that drive growth, efficiency, and success for our clients businesses. With our outstanding IT services and solutions, we have earned the unwavering trust of clients spanning the globe, according to its official website.

Disclaimer:

The stock 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.