Small Cap Debt Free Petrochemicals Stock To Consider Dividend, Record Date Set

Small cap stock operating in petrochemicals sector, Panama Petrochem Ltd will consider payment of interim dividend for the financial year ending March 31 on November 8 and approve the standalone and consolidated un-audited financial results of the Company for the quarter/ half year ended September 30, 2023. Last trading price of Panama Petrochem share on BSE is Rs 310.00 per share with intraday fall of 2.38%. The debt-free stock declined 2.84% in last 1-week and gained 476% in last 3-years. Check details below:

Panama Petrochem To Consider Dividend On Nov 8: According to the BSE filing issued today, "Pursuant to the requirement of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on November 8, 2023, inter-alia, to

1. approve and take on record the standalone and consolidated un-audited financial results of the Company for the quarter/ half year ended September 30, 2023; and

2. consider the payment of an interim dividend for the financial year ending March 31, 2024.

Record Date For Dividend: It is further informed that the record date for payment of interim dividend, if declared, will be Friday, November 17, 2023, added the BSE filing of the company.

Panama Petrochem Stock Performance & Return: Last trading price of Panama Petrochem share on BSE is Rs 310.00 apiece. Its 52-week high price is Rs 424.75 apiece and 52-week low price is Rs 268.05 apiece, respectively. The small cap company has a market capitalisation of Rs 1875.30 crore. Panama Petrochem shares declined 11% YTD, soared 6% in last 1-year, jumped 22% in last 2-years, and gained 175% in last 5-years.

Panama Petrochem About: Panama Petrochem Ltd was established in 1982. With four manufacturing plants across India today, Panama Petrochem Ltd is one of the leading manufacturers and exporters of more than 80 variants of petroleum specialty products, according to its official website.

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