Small Cap Stock Announces Rs 8.25/Share Dividend, Hits New 52-Week High

Small cap stock operating in Industrial Consumables sector, Vesuvius India Ltd recommended dividend of Rs 8.25 per equity share on February 27, 2023. The stock hit new 52-week high on NSE when the stock price surged to Rs 1858.00 apiece. The stock gained 3.07% in trade today. Check details below:

1. Vesuvius India Ltd Announces Dividend

According to regulatory filing of the company, "Recommended dividend for the Financial year ended on December 31, 2022 of Rs. 8.25/- (Rupees Eight and Twenty Five Paise Only) per equity share of Rs. 10/- each."

The company fixed, Wednesday, April 26, 2023, as the Record Date, for purpose of determining those members who will be entitled to receive dividend which shall be paid after the approval of the members at the ensuing Annual General Meeting.

2. Vesuvius India Ltd Stock Performance & Return

The last trading price of the stock on NSE is Rs 1804.00 apiece with 52-week high at Rs 1858.00 apiece and 52-week low at Rs 900.00 apiece, respectively.

The company has a market capitalisation of Rs 3,654.21 crore. The stock delivered 26% return in last 6-months, 83% return in last 1-year, and 71% return in last 2-years.

3. Vesuvius India Ltd About

Vesuvius India Limited is engaged in the manufacturing, marketing and developing of ceramic systems which control, protect and monitor liquid steel in the nonstop casting process.

Vesuvius India Limited also manufactures refractory lining materials for iron and steel-making and for other flow control processes.

Disclaimer

The stock gives details about dividend and record date. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.