Dividend Inventory: Cement firm is distributing an interim dividend of ₹ 50, February is a document date – INA NEWS

Dividend Share: Mr. Cement goes to provide its shareholders an interim dividend of Rs 50 per share for FY 2024-25. The document date for that is on February 5 within the new beginning week. By this date, shareholders whose names will probably be within the data of the Register of Members of the Firm or Depositors because the beneficiaries homeowners of shares will probably be entitled to dividend. Dividend will probably be paid from 17 February 2025.

The value of Shri Cement’s inventory closed at Rs 27345.15 on BSE on 1 February. The corporate’s market cap is Rs 98,600 crore. The face worth of the inventory is Rs 10. The inventory noticed a 52 -week excessive stage at Rs 29,628.10 on 2 February 2024 and 52 -week low of Rs 23,500.15 on 12 November 2024.

Shree Cement Share climbed 6 p.c in every week

The inventory has strengthened 6 p.c in every week. By the tip of December 2024, the promoters had 62.55 p.c stake within the firm. Mr. Cement distributed a ultimate dividend of Rs 55 per share for FY 2024. It was introduced on 4 Could 2024 and the inventory traded an X-Dividend on 23 July 2024. Aside from this, interim dividends of 45, 55 and 50 rupees have been additionally given in the course of the monetary yr.

Bonus Share: Shoe firm is giving 3 new shares free on every inventory, 4 February document date

Revenue decreased by 72 p.c in December quarter

Within the October-December 2024 quarter, Shree Cement’s internet consolidated revenue declined by 72 p.c to Rs 193.72 crore on an annual foundation. A yr in the past this revenue was Rs 701.85 crore. Consolidated income from the operations was decreased by about 12 p.c to Rs 4572.68 crore as in comparison with a yr in the past. It was Rs 5193.47 crore within the December 2023 quarter.

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