Rs 20/Share Dividend Declared: Small Cap Stock Hits Lower Circuit, Shares Rise 181% YTD

Board of directors of small cap stock WPIL Ltd today declared an interim dividend of Rs 20/- on each equity share of Rs 10/- each for the financial year 2023-24. WPIL Ltd shares hit 5% lower circuit in trade today to end the day at Rs 3325.25 per share. WPIL stock offered return of 181% year-to-date and soared 252% in last 1-year. Check details below:

WPIL Ltd Declares Interim Dividend: According to the BSE filing of the company issued today, "the Board of Directors at its meeting held on 3rd Nobemver,2023, declared Interim Dividend of Rs. 19,53,41,600 @ Rs.20/¬ (Rupees twenty) on each Equity share of Rs. 10/- for the financial year 2023-24 to be paid out of out of the profit of the current year after deduction of applicable tax at source to those Equity Shareholders whose names appear in the Register of Members at the close of business on 13" November, 2023, being the Record date fixed for the payment of Interim Dividend."

WPIL Stock Outlook & Return Over Years: Last trading price of WPIL share on BSE is Rs 3325.25 apiece with intraday fall of 5.00%. Its 52-week high price is Rs 3824.80 per share and 52-week low price is Rs 1059.75 per share, respectively. The company has a market capitalisation of Rs 3247.80 crore. WPIL shares offered return of 180% YTD, soared 162% in last 1-year, jumped 252% in last 2-years, and offered return of 622% in last 3-years.

WPIL About: WPIL Limited formerly known as Worthington Pump India Ltd. was established in the year 1952 and has dedicated itself to the development of Engineered Pumps. Today WPIL is one of the leaders in supply of pumps and pumping project in the world. It operates through 3 verticals to provide the complete gamut of products & services to its client in the field of water.

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