Midcap Stock Recommended Interim Dividend Of Rs 24/share, Rallied 4.60%, Gave 214.39% In 3 Yrs

Schaeffler India Ltd, a midcap stock operating in the Auto Components sector has recommended an Interim Dividend of Rs 24/share in its Board meeting held today, February 16, 2023. This company has a market capitalisation of Rs 44,233.94 crore. Check below to know more:

Schaeffler India Recommended an Interim Dividend of Rs 24/share

The Board of Directors of Schaeffler India Ltd in their BSE filing on 16 February 2023, said, "Recommended a Dividend of Rs. 24/- per Equity Share of face value of Rs.2/- each. The Dividend for the year ended December 31, 2022 if declared by the Shareholders at the ensuing Annual General Meeting (AGM) shall be paid within 30 days from the date of AGM."

 

Schaeffler India's Stock Performance & Returns

The stock of Schaeffler India rallied 4.60% and closed at Rs 2,830/share. The stock has gained 3.95% in the past 1 week, and in the past 1 month, it gained 4.18%. It has fallen 3% in the past 3 months. In the past 1 year, it gained 73.98%. In the past 3 years, it gained 214.39%. It gave 162.37% positive returns in the past 5 years.

Its 52 week low is Rs 1,598/share as on 16 February 2022 and its 52-week high is Rs 3,969.85/share as on 15 September 2022, respectively.

 

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