2 Small Cap Stocks With Over 120% Returns In 5 Yrs Declared Interim Dividend, Check Record Date Here

Two small Cap stocks with market capitalisations below Rs 3,000 crore last week declared the Interim Dividend for the Financial Year ending 31st March 2023. These two small-cap stocks are Shanthi Gears Ltd. and Apcotex Industries Ltd. The stock also fixed the record date for the declared Interim Dividend. Here are the key highlights of the stocks:

1. Apcotex Industries' Stock Performance

The stock of Apcotex Industries on NSE last traded at Rs 418.70 apiece, down 3.26% from its previous close. The stock recorded its 52 week high on 2 June 2022 at Rs 679 apiece and 52 week low on 24 February 2022 at Rs 308.25 apiece, respectively.

The stock declined over 7% in the last 1 week, over 10% in 1 month and over 15% in 3 months, respectively. It gained over 9% in 1 year. It has given 166.94% robust returns in the past 3 years and 120.74% in the past 5 years, respectively. It has a market capitalisation of Rs 2,170.75 crore. The stock operates in the rubber sector.

1.1. Apcotex Industries Declared an Interim Dividend of Rs. 2

The Board of Directors in their Regulatory filing to BSE/NSE on 25th January 2023 has stated, "Declaration of Interim Dividend @ Rs 2.00/- per equity share of Rs. 2.00/- each for the financial year 2022-2023. Accordingly, the Board has fixed 7th February 2023 as the record date for determining entitlement of members for the purpose of payment of interim dividend."

2. Shanthi Gears' Stock Performance

The stock of Shanthi Gears last traded at Rs 342.45 apiece on NSE, down 0.98% compared to its previous close. The stock recorded its 52 week high on 24 November 2022 at Rs 399.75 apiece and its 52 week low on 25 January 2022 at Rs 144.85 apiece, respectively.

The stock has declined 1.14% in the past 1 week, 0.83% in 1 month and 10.02% in the past 3 months, respectively. It has given 124.19% in the past 1 year. It gained 252.68% robust return in the past 3 years. In the past 5 years, it gave 127.92% positive return. The stock operates in the Auto Ancillary sector having a market capitalisation of Rs 2,627.13 crore.

2.1. Shanthi Gears declares an Interim Dividend of Rs. 3

According to the regulatory filing by the Board of Directors of Shanthi Gears Ltd on 25th January 2023, "The Board of Directors have declared an interim dividend at Rs.3 /-(Rupees Three only) per equity share of Re.1/- each for the financial year ending 31st March, 2023. Record date for the purpose of payment of interim dividend shall be Wednesday, 8th February, 2023. The interim dividend shall be paid to those shareholders whose names appear in the register of members as on Record date in respect of shares held in physical."

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