This Multibagger Company Offering 820% Dividend, Ex-date Tomorrow, See If You Own

Kama Holdings on August 17, declared an interim dividend of 820%. Its ex-date for dividend has been fixed to be on August 29, and the record date has been fixed to be on August 30.

Stock performance on BSE

The current market price of Kama Holdings closed at Rs. 12,648.95 gaining by 1.49%, till last traded on August 26. In the last 1 month its share price gained by 13.60%, in the last 6 months its share price gained by 40.36%, in the last 1 year its share price gained by 25.47%, and in the last 5 years its share price gained by 366.99%, making it a multibagger stock.

The 52 week high level of this stock is Rs. 12,880, and 52 week low level of this stock is Rs. 8,310. This mid-cap company has a market capitalization of Rs. 8,161 crore.

Financial results

The company's net sales were reported to be at Rs. 3,563.65 crore in March 2022, increased by 35.86% YoY, from Rs. 2,623.10 crore in March 2021. its quarterly net profit was reported at Rs. 303.98 crore in March 2022, increased by 57.89% YoY, from Rs. 192.53 crore in March 2021. Kama Holdings' EBITDA was reported at Rs. 954.38 crore in March 2022, gained by 45.9% YoY, from Rs. 654.15 crore in March 2021. Additionally, its EPS has increased to Rs. 471.10 in March 2022 from Rs. 298.38 in March 2021.

About the company

Controlled by the Arun Bharat Ram family, Kama Holdings also has business interests in education, real estate and investment through three wholly owned subsidiaries, namely Shri Educare Limited, KAMA Realty (Delhi) Limited, SRF Transnational Holdings Limited. The SRF Transnational Holdings Limited is a registered NBFC engaged in the business of investment in securities of other companies.

What is a dividend?

A dividend is known as a reward, which can be offered by a listed company to its shareholders. After making a significant amount of profit in a quarter or a fiscal year, a company can offer a dividend to attract more investors to the stock. Eventually, its liquidity improves. However, a company doesn't need to offer dividends after making profits.

Disclaimer

 

Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution. Greynium Information Technologies, and the author are not liable for any losses caused as a result of decisions based on the article. This article only incorporates the recent stock related information about the companies.