746% Rise In 3-Yrs: Multibagger Small Cap Sugar Stock Sets Record Date For Dividend

Small cap sugar company, Ugar Sugar Works Ltd fixed Monday, July 31, 2023 as the record date for the payment of final dividend for financial year 2022-23. Last trading price of Ugar Sugar share is Rs 125.40 per share with intraday gain of 0.72%. Ugar Sugar shares offered return of 141% in last 1-year and 249% return in last 2-years. Check details below:

Ugar Sugar Sets Record Date For Dividend: As per the BSE filing of Ugar Sugar company, "the Company has fixed Monday, 31st July 2023 as the record date for the purpose of payment of the final dividend for FY 2022-23 & cut-off date for entitlement of the Members to cast their votes through e-voting for the 83rd Annual General Meeting of the Company which is scheduled to be held on Thursday, 10th August 2023 virtually."

Ugar Sugar Dividend: The company on May 8, 2023 announced dividend and stated in its exchange filing, "The Board has recommended 50% as Dividend for the FY 2022-23 out of Current Year's Profits of the Company."

Ugar Sugar Stock Performance & Return: Current market price of Ugar Sugar share is Rs 125.40 per share on BSE. Its 52-week high price is Rs 131.80 per share and 52-week low price is Rs 50.50 per share, respectively. The company has a market capitalisation of RS 1411.31 crore.
Ugar Sugar offered return of 25% in last 3-months, 17% YTD, 249% return in last 2-years, 746% return in last 3-years.

Ugar Sugar Recent Quarterly Results Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 610.67 crore, up 2.46% from preceding quarter total income of Rs 596.02 crore. It announced its latest quarter net profit after tax at Rs 65.26 crore.

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