Holding Co Set To Mull Dividend In 2-Days, Shares Slip 21% From 52-Week High

Small cap Holding Sector company Kama Holdings Limited will consider the proposal of recommending interim dividend for the financial year 2024-25. The company has fixed August 30, 2024 as the record date for interim dividend. Last trading price of Kama Holdings shares on BSE is Rs 2755.70 per share. Kama Holdings shares are currently trading 21% down from 52-week high price of Rs 3500.00 per share.

Kama Holdings has a market capitalisation of Rs 8843.20 crore. Kama Holdings Ltd shares offered shareholders return of 13% in last 1-year. Check more details below:

Kama Holdings To Consider Interim Dividend: According to the exchange filing of the holding company dated August 16, 2024, "meeting of the Board of Directors is scheduled to be held on Thursday, the 22 nd August, 2024 for, interalia, considering a proposal for declaration of interim dividend for the financial year 2024-25 on Equity Shares. The Interim Dividend, if declared, would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. Friday, the 30 th August, 2024."

Kama Holdings Shares Performance: The 52-week high price of Kama Holdings shares is Rs 3500.00 per share (as on 17/10/2023) and and 52-week low price is Rs 2349.00 per share (as on 4/06/2024), respectively. Kama Holdings shares gained 9% in last 3-months, slipped more than 3% year-to-date (YTD), zoomed 11% in last 2-years, and offered return of 196% in last 5-years.

Kama Holdings Financials: The company for the quarter ended June 30, 2024 declared its total revenue from operations at Rs 3500.74 crore as against Rs 3362.62 crore declared in the corresponding quarter of last year. The total income of Kama Holdings for the June 2024 quarter came at Rs 3507.91 crore as compared to Rs 3363.96 crore declared in the similar quarter of last year. The company announced its profit for the quarter under review at Rs 251.20 crore as compared to Rs 361.68 crore declared in the similar quarter of last year.

Kama Holdings Bonus Issue In 2023: Kama Holdings declared bonus share in the proportion of 4:1 in 2023. As per the exchange filing of Kama dated September 1, 2023, "the Board of Directors considered and approved Increase in the Authorised Share Capital and Bonus Issue of Equity Shares in the proportion of 4 (Four) Equity Share of Rs. 10/- each for every 1 (One) Equity Shares of Rs. 10/- each held by the shareholders of the Company. The shares traded ex-bonus on October 17, 2023.

About: It is a leading core investment company engaged in the business of holding long-term investments in its subsidiaries. Its key segments are technical textiles business, chemicals business, and packaging film business, among others.

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