Dividend Inventory: Authorities firm to offer ₹ 4.50 third interim dividend, file date additionally mounted – INA NEWS

MSTC Dividend: The federal government-owned e-commerce service supplier MSTC LTD goes to offer its shareholders a 3rd interim dividend of Rs 4.50 per share for FY 2024-25. The choice was taken on the board assembly of 26 March. The file date for dividend is 2 April 2025. By this date, shareholders whose names will likely be within the data of the Register of Members of the Firm or Depositors because the beneficiaries homeowners of shares will likely be entitled to dividend.

The corporate has advised the inventory markets that the third interim dividend will likely be paid inside 30 days. Earlier, the corporate has given the primary interim dividend of Rs 4 for FY 2024-25 and a second interim dividend of Rs 32. For FY 2023–24, MSTC gave an interim dividend of Rs 5 and 5.50 per share with a ultimate dividend of Rs 5 and Rs 5.50.

MSTC share up 12 % in 2 weeks

The corporate’s inventory closed at Rs 514.50 on March 26, with a decline of almost 1 %. The face worth of the inventory is Rs 10. The market cap of MSTC LTD is Rs 3600 crore. By the top of December 2024, the federal government had 64.75 % stake in it. In keeping with BSE information, the inventory has come down 38 % within the final one yr. In 2025, it has damaged 24 % to date. On the similar time, the worth has elevated by 12 % in solely 2 weeks. Buyers’ cash has doubled in 2 years.

252 crore rupees in December quarter

MSTC’s income was Rs 81.14 crore on the standalone foundation within the October-December 2024 quarter. The web revenue was Rs 252.43 crore and Earnings was Rs 35.86 crore per share. Within the monetary yr 2024, the corporate’s standalone foundation was recorded at Rs 316.25 crore, web revenue of Rs 171.91 crore and earnings per share was Rs 24.42 crore per share.

Zerodha has no plan to checklist the inventory market, no fund is required: Nitin Kamat

Disclaimer: Right here info offered is being given just for info. It’s crucial to say right here that the funding market out there is topic to dangers. At all times seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.

Dividend Inventory: Authorities firm to offer ₹ 4.50 third interim dividend, file date additionally mounted


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