Small Cap Capital Good Stock Gained 720% In 3 Yrs, Declared 30% Dividend, Soon To Trade Ex-Dividend

Pitti Engineering Ltd, a small-cap stock, declared an Interim Dividend in its Board meeting on February 15, 2023. The stock has set the record date for the declared dividend as 24th February 2023. Pitti Engineering is a Capital Goods sector company engaged in Industries Product industry. It has a market capitalisation of Rs 994.83 crore. Below are the key highlights of the stock:

Pitti Engineering Ltd Declared Rs 1.50/- per equity share

The Board of Directors of Pitti Engineering Ltd in their BSE filing on 15th February 2023 said, "We are pleased to inform you that the Board of Directors of the Company ("Board") at their meeting held on February 14, 2023 declared an interim dividend of Rs. 1.50/- (30%) per equity share of face value of Rs. 5/- each for the financial year 2022-23 and fixed the record date as February 24, 2023. The interim dividend shall be paid on or before March 14 2023 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on February 24, 2023 which is the record date fixed for the purpose."

 

Pitti Engineering Ltd Stock Overview and Returns

The share price of Pitti Engineering on NSE closed at Rs 310.40/share, gaining 0.93% as compared to its previous close of Rs 307.55/share. The stock recorded its 52 week high on 1 August 2022 at Rs 375/share and 52 week low on 24 February 2022 at Rs 213/share, respectively.

The stock jumped 1.74% in the past 1 week, however, it has fallen 3.5% in the past 1 month. It gained 8.36% in the past 3 months. In 1 year it gave 24.21% positive return. In the past 3 years, it gave robust 720.08% positive return. In the past 5 years, it gave 251.33% positive return.

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