Multibagger Metal Stock Sets Record Date For Dividend, Hits 52-Week High

Small cap metal & ferrous sector stock Surya Roshni informed BSE that its Board Of Directors will hold a meeting on November 2, 2023 to consider unaudited standalone and consolidated financial results and declaration of interim dividend. The company fixed November 10, 2023 as the record date for interim dividend. Last trading price of Surya Roshni share on BSE is Rs 572.30 per share with intraday gain of 5.28%. Surya Roshni shares gained 484% in last 3-years Check details below:

Surya Roshni To Consider & Approve Financial Results, Interim Dividend On Nov 2: According to the BSE filing of the company dated October 18 "Pursuant to regulation 29 (I) & (2) of the SEBI (Listing Obligations & Disclosure Requirements), Regulations 2015, it is hereby informed that a Board Meeting of the Company is scheduled to be held on Thursday, 2 nd November, 2023, inter alia:

• to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2023.
• to consider declaration of interim dividend to the equity shareholders.

Surya Roshni Stock Outlook & Return: The last trading price of Surya Roshni share on BSE is Rs 572.30 per share. Its 52-week high price is Rs 580.00 per share and 52-week low price is Rs 200.43 per share, respectively. Surya Roshni has a market capitalisation of Rs 6,227.65 crore. Surya Roshni shares gained 45% in last 3-months, soared 53% in last 6-months, surged 155% in last 1-year, and offered return of 484% in last 3-years. Surya Roshni soared 1400% in last 10-years.

Surya Roshni Financials: The lighting product and pipe maker declared a sharp two-fold surge in its consolidated net profit to Rs 59.13 crore for the quarter ended June 30, 2023 as against Rs 22.24 crore reported in the preceding quarter, according to its BSE filing. Its revenue from operations jumped 2% to Rs 1,875.27 crore for the quarter ended June 30, 2023 as against Rs 1,839.89 crore last year.

About The Company: Surya Roshni started in 1973 with making Steel Tubes, and has grown by leaps and bounds to become one of the largest Steel Pipes and Lighting companies in India. With sales of INR 7,997 crores in FY 2021-22, Surya Roshni is one of the largest conglomerates in India, with exports to over 50 countries around the world.

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