1:10 Split: Rating Agency Stock To Consider Dividend, Results; Record Date Fixed

Mid cap stock from the Credit Rating Agencies sector CRISIL shares gained 4.26% in trade today after it informed about its upcoming meeting of Board of Directors to consider financial results and dividend, if any. The meeting will take place on July 15, 2024. Current market price of CRISIL Ltd share on BSE is Rs 4433.80 per share. CRISIL shares offered return of 13.52% in last 1-year and soared 204% in last 5-years. The company has a market capitalisation of 32,421.65 crore. CRISIL conducted 1:10 stock split and shares traded ex-split as on September 28, 2011. Check key details below:

FII Stake In Crisil: General Insurance Corporation Of India has 3.08% stake in Crisil. FII/FPI have increased holdings from 7.19% to 7.20% in March 2024 quarter. Number of FII/FPI investors increased from 241 to 243 in March 2024 quarter. Institutional Investors have increased holdings from 20.12% to 20.15% in March 2024 quarter.

CRISIL To Consider Dividend: As per the regulatory filing of CRISIL issued as on July 1, "Kindly be informed that a meeting of the Board of Directors of the Company will be held on Monday and Tuesday, July 15, 2024 and July 16, 2024 to consider and approve the unaudited consolidated and standalone financial results for the second quarter ended June 30, 2024 and to consider the payment of second Interim Dividend for the financial year ending December 31, 2024. The unaudited financial results for the quarter ended June 30, 2024, and the proposal for dividend will be presented to the Board of Directors on July 16, 2024, for their approval."

CRISIL Dividend History: CRISIL announced 76 dividends since June 18, 2001. In last 1-year, CRISIL Ltd. announced an equity dividend amounting to Rs 54.00 per share. At the current share price of Rs 4433.8000, CRISIL Ltd.'s dividend yield is 1.22%.

CRISIL Stock Outlook & Return: Its 52-week high price is quoted at Rs 5264.80 per share (as on 26/03/2024) and 52-week low price is quoted at Rs 3665.10 per share (as on 25/01/2024), respectively. CRISIL shares jumped 8% in last 1-month, declined over 10% in last 1-month, gave return of over 35% in last 2-years, and zoomed 72% in last 3-years.

CRISIL Stock Split History: Crisil split the face value of its share once since September 28, 2011. CRISIL last split the face value of its shares from Rs 10 to Re 1 in 2011.The share quoted ex-split as on September 28, 2011.

About: CRISIL is a leading, agile and innovative global analytics company driven by its mission of making markets function better. It is India's foremost provider of ratings, data, research, analytics and solutions with a strong track record of growth, culture of innovation, and global footprint. It has delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers through businesses that operate from India, the US, the UK, Argentina, Poland, China, Hong Kong, Singapore, and Australia.

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