Re 0.125 Dividend, 1:1 Bonus: Engineering Stock Sets Record Date, Shares Gain 187% YTD

Small cap company Rajoo Engineers Ltd today fixed September 20, 2024 as the record date for final dividend of Re 0.125 per equity share of the face value of Re 1.00 each. Current market price of Rajoo Engineers Ltd shares on BSE is Rs 299.10 per share with gain of 4.98% in trade today. Rajoo Engineers shares today hit 4th consecutive upper circuit and jumped 804% in last 1-year only. Its market capitalisation stood at Rs 3679.20 crore. Rajoo Engineers also recommended 1:1 bonus share and declared August 8, 2024 as the record date. Check details below:

Rajoo Engineers Declares Record Date For Dividend: As per the exchange filing of Rajoo Engineers dated September 5, 2024, "The Board of Directors at its meeting held on Friday, June 28, 2024 had recommended a final dividend of Re 0.125 per equity share of Re 1 each of the Company for approval by the shareholders at the Annual General Meeting ('AGM') scheduled to be held on Friday, September 27, 2024.

The Company has fixed Friday, September 20, 2023, as the Record Date for the purpose of determining the eligibility of members for payment of final dividend for the financial year 2023- 24, if approved by the shareholders and the register of members and share transfer books of the Company will remain closed as per the details mentioned below."

Rajoo Engineers Share Performance: The 52-week high price of Rajoo Engineers Ltd share on BSE is Rs 299.60 per share (as on 12/08/2024) and 52-week low price is Rs 33.70 per share (as on 06/09/2023), respectively. Rajoo Engineers shares jumped 204% in last 6-months, gained 1832% in last 2-years, and offered stunning returns of 2302% in last 3-years. In last 5-years, Rajoo Engineers soared 3920%.

Shareholding: FII/FPI have decreased holdings from 0.37% to 0.27% in June 2024 quarter. Number of FII/FPI investors remains unchanged at 12 in June 2024 quarter. Mutual Funds holding remains unchanged at 0.00% in June 2024 quarter. Institutional Investors have decreased holdings from 0.37% to 0.27% in June 2024 quarter.

Disclaimer:

The stock highlights the dividend, bonus share 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.