A dividend of Rs 115 will be received on a share of face value of Rs 10, today is the record date.

Multibagger Stock: Shares of Stovac Industries Limited will trade as ex-dividend stock in the stock market today. Company Rs. 10 on shares having a face value of Rs. 115 is paying a dividend. The company's share price has increased by more than 40 percent in the last one month.

2 Month ago

Dividend Stock: One of the stocks that stock market investors need to keep an eye on today is Stovac Industries Ltd. The company will trade ex-dividend in the stock markets today. Let us tell you that on each share from the company Rs. 115 will be the dividend.

On each share Rs. A profit of 115- On May 9, Stovak Industries Ltd. said that a decision has been taken to pay an interim dividend in a board meeting. The company said that a dividend of Rs 115 will be given by the company on a share with a face value of Rs 10. That means qualified investors will get 1150 percent profit on each share. The company had declared a record date of May 27 for this dividend. Let us tell you that today only those investors whose name will be in the record book of the company will get the benefit of dividend.

Company has paid dividends many times - The company has paid dividends to investors many times in the past. A dividend of Rs 57 per share was received in 2022. At the same time, in 2023, a final dividend of Rs 47 and a special dividend of Rs 157 were paid. Talking about 2024, before this the company gave a final dividend of 17 rupees per share.

Price up 47% in 1 month - Shares of the company surged last week. The company's stock closed at 3889.70 with an increase of 4.85 percent. In the last one month, the share price of the company has seen an increase of 47 percent. At the same time, investors who have held for 6 months have made a profit of 63 percent so far. Let us tell you that the share price of this company has increased by 87 percent in one year.

Stovac Industries Limited's 52 week high of Rs. 4372 and 52 week low Rs. 2050 per share. The market cap of the company is Rs 812.18 crore. According to data from Trendlane, promoters hold 71 per cent stake in the company.