165% Rally In 1-Year: Small Cap Fertilisers Stock Recommends Final Dividend

Board of small cap fertilisers stock Madhya Bharat Agro Products Limited, that witnessed a rally of 165% in last 1-year, has now declared final dividend of Re 0.50/- per equity share for the financial year ended on March 31, 2023. The stock witnessed a rally of 165% in just 1-year period. Last trading price of the fertilisers sector stock is Rs 590.00 per share with intraday rally of 2.40% on NSE. Check details pertaining to the stock below:

Madhya Bharat Agro Products Limited Declares Final Dividend: According to the NSE filing of the company, "Board of director considered and approved the recommendation offinal dividend @ 5% i.e. Rs. 0.50/- only per equity share of face value of Rs. 10/- each fully paid-up for the financial year ended on March 31, 2023, Subject to approval ofthe members in the ensuing Annual General Meeting of the Company."

Madhya Bharat Agro Products Limited Stock Performance & Return: The last trading price of Madhya Bharat Agro Products Limited is Rs 590.00 per share with 52-week high price quoted at Rs 694.70 per share and 52-week low price quoted at Rs 205.50 per share, respectively. The company's market capitalisation is Rs 2,58,499.47 crore. The stock gave return of 165% in last 1-year and 1783% return in last 3-years. The stock jumped 1976.43% in last 5-years.

About: Madhya Bharat Agro Products Limited (MBAPL) is a leader in the production of Beneficiated Rock Phosphate (BRP), single super phosphate, DAP/NPK complex fertilisers, potash, prom for agricultural purposes, Sulphuric acid and other important chemicals. Madhya Bharat Agro Products Ltd is part of Ostwal Group. It is engaged in the business of manufacturing fertiliser and chemical products, according to its official website.

Disclaimer: The small cap stock declared 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.