Symphony Limited Declares Second Interim Dividend Of Rs 2 For FY 2022-23, Check Details

Symphony, an Indian Multinational Company with a presence in over 60 countries is the world's largest manufacturer of air coolers. The company is engaged in the manufacturing and trading of residential, commercial, and industrial air coolers in the domestic and international markets. Founded in 1988, in Gujarat, India, Symphony Limited established a new category of evaporative air-cooling in India, taking it to the globe.

The Board of Directors of the company has declared the second interim dividend of Rs 2 per equity share for FY 2022-23 in its meeting which was held on 20 October 2022. The face value of the declared dividend is Rs 2 each.

The Board of Directors of Symphony Limited in its regulatory filing has stated, "Declared 2nd Interim Dividend of ₹ 2/‐ (100%) per equity share having face value of ₹ 2/‐ each for the financial year 2022‐23. The said interim dividend shall be payable to the shareholders on or before November 18, 2022."

The stock of the company at the time of writing is trading at Rs 855.70 per share on NSE, 3.33% down as compared to its previous close. Its 52 week high level is Rs 1.215 and its 52 week low level is Rs 828, respectively.

In the past one week, the stock surged by 1.24%. However, the stock over the year witnessed a continuous fall. It fell 19.11% in one year, 31.51% in 3 years and 40.22% in 5 years, respectively.