Small Cap Specialty Chemicals Co To Consider 3rd Interim Dividend On Jan 27

Small cap company operating in specialty chemicals industry, Bhansali Engineering Polymers Ltd informed via its BSE filing today about its upcoming meeting of Board of Directors to be held on January 27, 2024 to consider financial results and interim dividend.

Last trading price of Bhansali Engineering share on BSE is Rs 110.40 per share with intraday decline of 3.16%. Bhansali Engineering shares offered return of 42% in last 1-year. Check details below:

Bhansali Engineering Share Price

Bhansali Engineering To Consider Results, Dividend: As per the BSE filing of the company issued on January 17, 2024, "A meeting of the Board of Directors of the Company is scheduled to be held on Saturday, 27th January, 2024 at Mumbai through video conferencing, wherein the following business shall inter alia be considered:
a. Approve the Un-audited Financial Results (Standalone & Consolidated) of the Company for the quarter and nine months ended 3 1st December, 2023.
b. Declaration of 3rd Interim Dividend for the Financial Year 2023-24, if any."

Bhansali Engineering Stock Performance & Return: The 52-week high price of Bhansali Engineering share on BSE is Rs 117.95 apiece and 52-week low price is Rs 58.13 apiece, respectively. The company has a market capitalisation of Rs 2747.40 crore. Bhansali Engineering shares surged 18% in last 3-months, gained 2% in last 2-years, and offered return of 96% in last 5-years.

Bhansali Engineering Financials: The company announced its net sales for the quarter ended September 30, 2023 at Rs 48.22 crore, down 12.29% from Rs 358.28 core in corresponding quarter of last year. It declared its net profit at Rs 48.22 crore, up 16.95% from Rs 41.23 crore in September 2022. The EBITDA stood at Rs 67.00 crore in September 2023, up 10.8% from Rs 60.47 crore in September 2022. Its EPS declined to Rs 1.94 in September 2023 from Rs 2.48 in September 2022.

Disclaimer: The stock highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

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