1137% Rally In 3-Yrs: Small Cap Metal Stock To Consider, Declare Dividend On Dec 12

Board of directors of small cap stock from metals sector, Sarthak Metals Ltd have scheduled a meeting on December 12, 2023 to consider and declare interim dividend for the financial year 2023-24 and set record date.

Last trading price of Sarthak Metals share on BSE is Rs 233.80 apiece with intraday gain of 3.75%. Sarthak Metals stock gained 59% year-to-date and jumped 69% in last 1-year. Check details below:

Sarthak Metals To Consider & Recommend Interim Dividend On Dec 12: According to the BSE filing of the company issued as on December 2, 2023, "We hereby wish to inform you that the Board Meeting of the Company will be held on Tuesday, 12th December, 2023 inter-alia to consider and declare Interim Dividend for the Financial Year 2023-2024 and fixation of Record date and to consider other matters on agenda."

Sarthak Metals Stock Performance & Return: Last trading price of Sarthak Metals share on BSE is Rs 233.80 apiece. Its 52-week high price is Rs 285.00 apiece and 52-week low price is Rs 123.15 apiece, respectively. The company has a market capitalisation 320.07 crore. Sarthak Metals shares witnessed a decline of 11% in last 3-months, gained 40% in last 6-months, soared 59% year-to-date, jumped 129% in last 2-years, and offered shareholders return of 1137% in last 3-years. In last 5-years, the small cap stock from metal sectors offered a rally of 676%.

Sarthak Metals Financials: The company for the quarter ended September 2023 declared its standalone total income at Rs 77.88 crore, down 5.06% from last quarter total income of Rs 82.04 crore. Sarthak Metals declared its latest quarter net profit at Rs 5.51 crore.

Sarthak Metals About: Sarthak covers a large client base across India, providing highest quality products to the top steel manufacturing companies in the country. It implements rigorous testing and inspection processes to make sure customers get a product that conforms to the highest standards of accuracy, consistency and quality, according to its official website.