IT Software Co Declares 25% Dividend, Shares Trading 32% Below From 52-Week High

Small cap IT Software company, Intense Technologies Ltd on June 5 declared a dividend of Re 0.50/- (25%) per equity share. Last trading price of Intense Technologies share is Rs 64.35 apiece. The stock is currently trading 32% below from 52-week high price of Rs 94.90 apiece.

Intense Technologies Ltd Declares 25% Dividend: According to the BSE filing of the company, "We wish to inform that the Board of Directors of the Company at their meeting held on June 05, 2023 recommended a dividend for the year ended March 31, 2023 @ Rs.0.50/- (25%) per equity share of face value of Rs.2/- each for the Financial Year ended on March 31, 2023 subject to approval of the Shareholders in the ensuing 33rd Annual General Meeting for the Financial Year 2022-23."

Dividend if declared shall be paid/dispatched within thirty days of the declaration of dividend.

Intense Technologies Ltd Stock Performance & Return: Last trading price of Intense Technologies stock is Rs 64.35 apiece with intraday rally of 0.31%. Its 52-week high price is Rs 94.90 apiece and 52-week low price is Rs 53.05 apiece, respectively. It has a market capitalisation of Rs 144.51 crore. Intense Technologies stock declined 13% in last 6-months, 14% in last 1-year, and 13% in last 2-years. Intense Technologies share jumped 259% in last 3-years.

Intense Technologies About: Intense Technologies produces software products that are designed for digital business transformation. Our platform is cloud-based and designed to seamlessly integrate with our clients' existing systems.