1062% Returns In 3Yrs, Small Cap Stock To Trade Ex-Dividend Soon; Check Date And Company Details Here

hares of the small-cap company from the Gems, Jewellery & Watches industry, KDDL Ltd will remain in focus next week as the company will trade ex-dividend on January 25. KDDL shares last closed 0.70% higher at Rs 2845.65 per share. Shares of KDDL Ltd have gained 94.10% in the last six months.

In an exchange filing on January 18, 2024, the Board of Directors of KDDL Limited at its meeting held on Thursday, 18th January inter alia, considered and declared an Interim Dividend of Rs. 58 per equity share (i.e. 580%) of Rs. 10/- each, for the financial year 2023-24. The company has already fixed January 26, 2024, as the record date for the interim dividend. KDDL shares gained 175% in the last 1-year span.

KDDL Record Date For Interim Dividend:

In an exchange filing on Jan 13, the company said, "Pursuant to Regulation 42 of the Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that "Record Date" for the purpose of ascertaining the eligibility of the Shareholders for payment of Interim dividend for the financial year 2023-24, will be Friday, 26th January 2024, if declared by the Board, added the BSE filing of KDDL Ltd."

KDDL Ltd Stock Performance & Return:

The 52-week high price of KDDL Ltd shares on BSE is Rs 3,110.00 apiece and 52-week low price is Rs 984.65 apiece, respectively. The company has a market capitalisation of Rs 3,624.52 crore. KDDL shares are up 43.69% in the last three months, the stock gave a return of 94.10% in the last 6-months, and rallied 188.80% in the last 2-years. In the last 3-years, returns from KDDL stock have increased 1062.30%.

KDDL Ltd Financial Performance:

For the quarter ended September 30, 2023, the company's net sales grew 23.82% at Rs 92.74 compared to Rs 74.90 crore in the corresponding quarter of last year. Its quarterly net profit stood at Rs 16.05 crore for the quarter, down 39.3% from Rs 26.44 crore in September 2022. The company's EBITDA was down 30.61% at Rs 27.18 crore in September 2023. Its EPS fell to Rs 12.80 in September 2023 from Rs 20.76 in September 2022.

About KDDL Ltd:

KDDL Limited designs and markets watches and accessories. The Company offers machine dials, brushed indexes, watch hands, and other products. KDDL markets its products globally. KDDL also owns the largest retail chain of luxury watches in India through its subsidiary, Ethos Limited.