Multibagger Stock Set To Offer Rs. 55 Dividend, Check Record Date & Other Details

Polyplex Corp Ltd. declared a special dividend of Rs. 55 per equity share of the face value of Rs. 10 each for the Financial Year 2023. The company has fixed November 25, 2022 as the record date for its dividend payment. The share price of Polyplex stood at Rs. 1,757.10 at the time of writing today.

To the stock exchanges, the company declared, "Payment of Interim/Special Dividend for the Financial Year 2022-23 at Rs. 55/- per share (including special dividend @ Rs. 35/- per share) of the face value of Rs. 10/- each, subject to TDSl With holding Tax. 'Record date' for the purpose of payment of aforesaid Dividend has been fixed as November 25, 2022 and is proposed to be paid within the time prescribed under law."

The company's revenue from operations in Q2 FY23 stood at Rs. 46,789 lakh, from Rs. 47,693 lakh in the last quarter. Additionally, its total income in Q2 FY23 stood at Rs. 48,936 lakh, from Rs. 55,397 lakh in the earlier quarter, the company informed today. Similarly, its profit before tax in Q2 FY23 fell to Rs. 4691 lakh, from Rs. 13,929 lakh in Q1 FY23.

In the past 1 year this stock's share price gained by 3.19%. Additionally, in the last 5 years, this multibagger stock's share price increased sharply by 223.52%. The 52-week high level of this stock is Rs. 2,870.20, and the 52-week low level of this stock is Rs. 1,651.10.

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