Small Cap IT Company To Consider Interim Dividend On July 20, Shares Jumped 17.39% In 2 Weeks

Xchanging Solutions Limited in an exchange filing on Jun 28, 2023, informed that the Board will consider Interim Dividend in a meeting scheduled on Monday, Jul 20, 2023. Since the announcement, the shares jumped 17.39% in the past 2 weeks, while 6.81% in the past 1 week.

It is a small cap Computer-Software & Consulting industry company. It has a market capitalisation of Rs 995.95 Crore.

Xchanging Solutions Limited To Consider Interim Dividend

"A Meeting of the Board of Directors of Company will be held on Monday, July 10, 2023, inter-alia, to consider and recommend to the Shareholders for approval and payment of interim dividend, if any, for the financial year 2023-24 in the upcoming Annual General Meeting," the company said in an exchange filing.

Stock Movement

The shares of Xchanging Solutions Limited currently trading at Rs 89.30/share, up 1.62% from its previous close of Rs 87.88/share on BSE. It hit an intraday high at Rs 91.83/share and an intraday low at Rs 86.50/share while writing.

The stock hit the 52-week high on Jul 06, 2023, at Rs 91.83/share and a 52-week low on Mar 28, 2023, at Rs 51.67/share, respectively.

The stock jumped 34.25% in the past 1 month and 52.95% in the past 3 months, respectively. In the past 1 year, it gave 51.09% positive return, while 8% in the past 2 years. It gave 103.81% positive return in the past 3 years, and 95.13% in the past 5 years, respectively.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.