667% Return In 3-Years: Small Cap Stock Sets Record Date For Dividend, Hits New 52-Week High

Small cap stock, KPIT Technologies Ltd today fixed February 10, 2023 as the record date for interim dividend. The stock gave a whopping return of 667% in just last 3-years. The stock hit its new 52-week high in trade today. Check details below:

1. KPIT Technologies Ltd Sets Record Date For Interim Dividend

According to the BSE filing of the company, "In continuation to our earlier intimation on January 23, 2023, we wish to inform you that the Board of Directors at its meeting held on January 31, 2023, has approved the payment of an Interim Dividend of Rs. 1.45/- (Rupees one and forty-five paisa only) (14.5%) per Equity Share of Rs. 10/- each for the Financial Year 2022-23."

Record date is February 10, 2023.

2. KPIT Technologies Ltd Stock Performance & Return

The last trading price of the stock is Rs 762.35 apiece with intraday surge of 7.43%. The stock's 52-week high is Rs 772.00 apiece and 52-week low is Rs 440.00 apiece, respectively.

The company has a market capitalisation of Rs 20,899.35 crore.

The stock gave solid returns in last few years. In last 6-months, it gave 39% return, 18% return in last 1-year, and 667% return in last 3-years.

3. KPIT Technologies Ltd About

KPIT Technologies is a global partner to the automotive and Mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future.

With 10000+ automobelievers across the globe specializing in embedded software, AI, and digital solutions, KPIT accelerates its clients' implementation of next-generation technologies for the future mobility roadmap. With engineering centers in Europe, the USA, Japan, China, Thailand, and India, KPIT works with leaders in automotive and Mobility and is present where the ecosystem is transforming, according to its official website.

Disclaimer

The stock gives detail pertaining to record date for interim dividend. 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 taking any investment decision.