Agriculture Stock Fixes Record Date & Payment Date For Rs. 100 Interim Dividend

Bayer CropScience Ltd. announced an interim dividend of Rs. 100 per share, and fixed the record date on Saturday, November 19, 2022, along with announcing Q2 FY23 financial report. Additionally, the payment date of the dividend has been fixed to be on Thursday, December 08, 2022. The company's current market price on NSE stood at Rs. 4,731 in trade today, falling marginally.

The company informed the stock exchanges, "In furtherance of our earlier intimation, the Board of Directors of the Company at their Meeting held today had declared an Interim Dividend of Rs. 100/- per equity share of Rs. 10/- each for the Financial Year 2022-23."

The company yesterday reported a 5.51% increase in net profit at Rs. 162.6 crore in Q2 FY23, compared to Rs. 154.1 crore net profit in Q2 FY22. Bayer CropScience Ltd.'s total income gained to Rs. 1,451.9 crore in Q2 FY23, from Rs. 1,365.1 crore in Q2 FY22. "Considering this, the portfolio adjusted revenue from operations grew by 8% for Q2 and 14% for H1 of the 2022-23 fiscal, respectively," the company mentioned.

Stock performance

In the last 5 days the company's share price gained by 2.42%, in the past 6 months its share price gained by 8.99%, but in the last 1 year its share price has fallen by 3.09%. The 52-week high level of this stock is Rs. 5,667.75, and the 52-week low level of this stock is Rs. 4,218.05. The large-cap company has a market capitalization of Rs. 21,280 crore.

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