Small Cap Associate Company Of Apollo Tyres Sets Record Date For Dividend

Leading associate company of Apollo Tyres Ltd (ATL), PTL Enterprises has fixed July 14, 2023 as the record date for dividend. Last trading price of PTL Enterprises share is Rs 32.74 per share with intraday gain of 0.21%. Earlier, this year, the company on May 5, 2023 declared a final dividend of Rs 1.75 per equity share. Check details below:

PTL Enterprises Board Sets Record Date For Dividend: According to the BSE filing of the company, "The Board of Directors recommended a Final Dividend of Rs. 1.75 per equity share of Re. 1/- each for the financial year ended March 31, 2023, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company, which shall be paid/ dispatched on or before 30 days from the conclusion of AGM." The company fixed July 14, 2023 as the record date for final dividend.

PTL Enterprises Stock Performance: Last trading price of PTL Enterprises stock is Rs 32.62 per share with intraday fall of 0.15%. Its 52-week high price is Rs 38.45 per share and 52-week low price is Rs 29.00 per share, respectively. Its market capitalisation is Rs 431.81 crore. In last 3-months, PTL Enterprises stock delivered 6%, declined less than 1% in last 1-year, rallied 38% in last 2-years, and 110% return in last 3-years.

PTL Enterprises About: PTL Enterprises Ltd. (PTL), was incorporated as a company in 1959. It became an associate company of Apollo Tyres Ltd (ATL) in 1995, when Premier Tyres' tyres and tubes manufacturing facility in Kalamassery, Kerala, was acquired by Apollo. This facility began commercial production in September 1962 and currently the plant is leased to Apollo tyres on long term basis, according to its official website.

Disclaimer: The small cap stock fixed record date for dividend. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.