Rs 30/Share Dividend: IT Stock To Trade Ex-Dividend In 2 Days, Volume Spurts

Shares of small cap IT Software sector company, Accelya Solutions India Ltd will be trading ex-dividend on October 6, 2023 for final dividend of Rs 30 per share. The company has fixed the dividend payout date as November 7, 2023. Accelya Solutions quarterly profit in June 2023 soared 27.59% to Rs 32.11 crore as against Rs 25.17 crore in June 2022. Accelya Solutions shares witnessed a surge of 25% in last 3-months and 45% in last 1-year. Accelya Solutions has been witnessing spurt in volume by more than 2.85 times on October 3 and 2.14 times on September 28.

Accelya Solutions Dividend: The company on July 27 fixed October 6, 2023 as the record date for dividend and issued the regulatory filing stating, "We wish to inform you that the Board of Directors at its meeting held today, has recommended Final Dividend of Rs. 30 per share, subject to the approval of shareholders of the Company at the ensuing Annual General Meeting. The dividend payout date is Tuesday, 7th November, 2023."

Accelya Solutions Stock Outlook & Return: Current market price of Accelya Solutions share is Rs 1663.70 per share with intraday fall of 0.71% on BSE. Its 52-week high price is Rs 1749.95 per share and 52-week low price is Rs 1042.85 per share, respectively. Its market capitalisation is Rs 2483.28 crore. Accelya Solutions shares rallied 24% in last 2-years, gained 61% in last 3-years, rose again 61% in last 5-years. Accelya Solutions stock rallied 159% in last 10-years when Sensex gained 227% in comparison.

Accelya Solutions Financials: The company announced its net sales at Rs 122.50 crore in June 2023, up 18.8% as against Rs 103.12 crore in June 2022. It announced its EBITDA at Rs 52.39 crore in June 2023, up 18.53% as compared to Rs 44.20 crore in June 2022. The company's EPS soared to Rs 21.51 in June 2023 from Rs 16.86 in June 2022.

Accelya Solutions About: Accelya is a leading global software provider to the airline industry, powering 200+ airlines with an open, modular software platform that enables innovative airlines to drive growth, delight their customers and take control of their retailing. Owned by Vista Equity Partners long-term perennial fund and with 2K+ employees based around 10 global offices, Accelya are trusted by industry leaders to deliver now and deliver for the future, according to its Linkedin page.

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