Rs 15/Share Dividend: CK Birla Group Stock Declares Net Loss Of Rs 7.18 Cr

Small cap company HIL Ltd on February 2, 2024 declared an interim dividend of Rs 15/- per equity share of Rs 10/- each (150%) for the financial year 2023-24. The company fixed February 12, 2024 as the record date for interim dividend.

Last trading price of HIL Limited shares on BSE is Rs 2777.05 apiece with intraday fall of 4.53%. HIL shares declined 3.35% year-to-date and surged 2.81% in last 3-months.

HIL Results For December 2023 Quarter: The company for the quarter ended December 2023 declared a net loss of Rs 7.18 crore as compared to the net profit of Rs 12.53 crore in the corresponding quarter of last year. Sales witnessed a rally of 2.23% to Rs 784.24 crore for the quarter under review as compared to Rs 767.17 crore reported in December 2022.

HIL Declares Interim Dividend: As per the BSE filing of the company dated February 2, 2024, "declared interim dividend of Rs. 15/- per equity share of Rs. 10/- each (i.e. 150%) for the financial year 2023-24.

HIL Sets Record Date For Interim Dividend: The company fixed Monday, February 12, 2024 as record date and the said interim dividend will be paid to those members whose name appears in Register of Members (both physical & electronic mode) as on said record date. The Interim Dividend will be paid to the entitled members within 30 days from the date of declaration."

HIL Stock Performance & Return: The 52-week high price of HIL Ltd shares on BSE is Rs 3284.00 apiece and 52-week low price is Rs 2202.10 apiece, respectively. The company has a market capitalisation of Rs 2094.15 crore. HIL Ltd shares zoomed 13% in last 1-year, declined 34% in last 2-years, and offered return of 10% in last 3-years. In last 5-years, HIL Ltd stock rose 46%. The scrip rallied 960% in last 10-years.

HIL Ltd About: Established in 1946, HIL Limited is a Rs. 3500+ crores flagship company of the $2.9 billion conglomerate, CK Birla Group. For the past 75 years, HIL has been one of the leading manufacturers of sustainable building materials; providing innovative, superior quality and reliable products to customers.

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