Largecap Multibagger Company Offering 650% Final Dividend, Ex-date Next Week, Check Details

A Dividend is a reward that can be offered by a listed company to its shareholders. This below-mentioned large-cap multibagger company is offering a final dividend of 650%. Check details.

Vinati Organics

The company on May 16 announced a final dividend of 650%, its ex-date is on September 6, 2022.

The current market price of the company closed at Rs. 2,242.30 gaining by 0.13%, till last traded. In the last 1 month its share price gained by 1.94%, in the last 6 months its share price gained by 22.26%, in the last 1 year its share price gained by 20.62%, and in the last 5 years its share price gained by 361.73%.

The 52-week high level of this stock is Rs. 2,323.80, and the 52-week low level of this stock is Rs. 1,674.20. This large-cap company has a market capitalization of Rs. 23,019 crore.

Financial results

According to data available with NSE, in Q4 FY22, this large cap company's Total Income stood at Rs. 52,501.01 lakh, as against Rs. 50,121.84 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 13,627.96 lakh, as against Rs. 14,199.65 lakh in Q3 FY22. Additionally, its Net Profit stood at Rs. 10,119.02 lakh, as against Rs. 10,110 lakh, in the earlier quarter.

Company profile

Vinati Organics is a leading manufacturer of specialty chemical and organic intermediaries with a sustained market presence spanning over 35 countries in the world. Since its inception in 1989, they have evolved from being a single product manufacturer to an integrated business, offering a wide range of products to some of the largest industrial and chemical companies across US, Europe, and Asia.

Disclaimer

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