Multibagger In 6-Months: Small Cap Auto Ancillaries Stock Sets Record Date For Dividend

Small cap stock operating in auto ancillaries sector Jay Bharat Maruti on August 23 fixed September 9, 2023 as the record date for dividend. Jay Bharat Maruti shares witnessed a rally of 75% in just last 3-months and gained 102% in last 6-months. Current market price of Jay Bharat Maruti stock is Rs 288.75 apiece. Check details below:

Jay Bharat Maruti Fixes Record Date For Dividend: As per the BSE filing issued on August 23, 2023, "The Company has fixed Saturday, September 9, 2023 as the "Cut-off Date" for the purpose of determining the Members eligible to vote on the resolutions set out in the Notice of the AGM or to attend the AGM through VC or OAVM. The "Record Date" for the purpose of determining the Members eligible to receive dividend, if declared in ensuing AGM, for the financial year 2022-23."

Jay Bharat Maruti Stock Performance & Return: Current market price of Jay Bharat Maruti stock is Rs 288.75 per share with intraday gain of 0.14% on BSE. Its 52-week high price is Rs 344.25 apiece and 52-week low price is Rs 125.00 apiece, respectively. It has a market capitalisation of R s1250.29 crore. Jay Bharat Maruti shares soared 71% in last 1-year and gained 158% in last 3-years.

Jay Bharat Dividend History: Jay Bharat Maruti announced 21 dividends since August 9, 2001. In the last 12 months period, it announced an equity dividend amounting to Rs 1.25 per share, as per Trendlyne data.

Jay Bharat Maruti Financial Outlook: The company for the quarter ended June 30, 2023 declared its consolidated total income at Rs 533.69 crore, down 20.79% as against its preceding quarter total income of Rs 673.76 crore. The company in its recent quarter announced its net profit after tax at Rs 5.01 crore.

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