25% Dividend Rewards: Ethanol Maker Stock Under Rs 90 Gives 252% Return

Board of Directors of small cap company BCL Industries Ltd on May 22, 2024 declared an equity dividend of Re 0.25 paisa per share on the face value of Re 1/- each for the financial year ended March 31, 2024. Current market price of BCL Industries share on BSE is Rs 54.86 per share with intraday fall of 5.09%. BCL Industries share declined 30% in last 3-months and soared 252% in last 3-years. BCL Industries has a market capitalisation of Rs 1,494.11 crore. Check details below:

BCL Industries Recommends Dividend: According to the BSE filing of the company dated May 22, 2024, "recommended an equity dividend of 25 paisa per share on face value of Rs.1/- each i.e. for the financial year ended March 31, 2024, which shall be subject to declaration by the Members at the 48th AGM of the Company. The Dividend, if declared at the AGM, shall be paid to the shareholders within 30 days of declaration of the same."

BCL Industries Q4 Results: It declared its consolidated net profit for the March 2024 quarter at Rs 23.7 crore, down 3.62% as against the consolidated net profit of Rs 24.59 crore declared in the similar quarter of last year. The company declared its consolidated revenue from operations for the quarter ended March 31, 2024 at Rs 613 crore, up 40% as against the revenue of Rs 456 crore declared in the corresponding quarter of last year. The total expenses for the March 2024 quarter came at Rs 580.78 crore as against the expenses of 424.43 crore.

BCL Industries Share Performance: The 52-week high price of BCL Industries share on BSE is Rs 86.25 per share (as on 16/02/2024) and 52-week low price is Rs 43.13 per share (as on 27/07/2023). BCL Industries shares fell 17% year-to-date, offered return of 21% in last 1-year, surged 35% in last 2-years, and gave attractive return of 520% in last 5-years.

BCL Industries Ltd Dividend History: BCL Industries declared 8 dividends since February 26, 2015. In last 1-year, BCL Industries Ltd announced an equity dividend amounting to Rs 5.00 per share. At the current share price of Rs 54.86 per share, BCL Industries offers a dividend yield of 9.12%. Adjusting for Bonus/Splits the dividend yield is 0.91%. as per Trendlyne data.

BCL Industries Stock Split History: It split the face value 1 time since October 27, 2023. BCL Industries Ltd had last split the face value of its shares from Rs 10 to Rs 1 in 2023. The share has been quoting on an ex-split basis from October 27, 2023, according to Trendlyne.

BCL Industries About: BCL Industries Ltd has grown to become an integrated Industry player with businesses in key Industry verticals - vegetable oil refining, solvent extraction, oil extraction, Distillery-Ethanol Industry, real estate and rice sheller, according to its LinkedIn page.

Disclaimer: The stock highlights Q4, 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.