Small Cap Metal Stock That Surged 1700% In 3 Years Now Declares 100% Dividend

Board of small cap metal stock, Rajratan Global Wire Ltd on Friday recommended final dividend of Rs 2.00 per equity shares for financial year 2022-23. The stock witnessed a rally of 39% in last 1-year and 405% surge in last 2-years. Check details pertaining to the stock below:

Rajratan Global Wire Recommends Final Dividend: According to the BSE filing of the company, "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."

Rajratan Global Wire Stock Performance & Return: The last trading price of Rajratan Global Wire is Rs 832.85 per share on BSE with intraday fall of 5.44%. The stock's 52-week high price is Rs 1409.05 per share and 52-week low price is Rs 550.00 per share, respectively. The company has a market capitalisation of Rs 4,228.46 crore. It gave return of 1793% in last 3-years and 1632% return in last 5-years. It witnessed a jump of 11,918% in last 10-years.

Rajratan Global Wire About: Rajratan is the leading manufacturer and supplier of bead wire in India and also the only manufacturer of bead wire in Thailand. It was in the early nineties that Rajratan graduated from the traditional business of Iron & Steel trading and ventured into manufacturing of bead wire for tyres.

Disclaimer: The small cap metal company declared final dividend today. 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.