1808.96% Up In 3 Years: Small Cap Metal Stock Fixes Record Date For Dividend, Shares Rallies 4.99%

The Board of Directors of Sarthak Metals Ltd. at their meeting held today, i.e., Jul 06, 2023, announced the record date for dividend. The Board has fixed Aug 09, 2023, as the record date for payment of Dividend.

Sarthak Metals is metal sector small cap company. It has a market cpitalisation of Rs 350.18 Crore.

Record Date

"Approved the 09th August, 2023 as the record date for payment of Dividend," the company said in an exchange filing.

In addition, the board also said, "The 28th Annual General Meeting of the Company will be held on Monday, 21st August, 2023."

Stock Movement

Meanwhile, post-announcement, the shares of Sarthak Metals hit the upper circuit at Rs 255.80 apiece on the BSE. The stock jumped 4.99%, ended at Rs 255.80 apiece. Its 52-week high is Rs 255.80 apiece, and its 52-week low is Rs 96.10 apiece.

The shares jumped 8.76% in 1 week. Whereas in the past 1 month, it jumped 43.95%. In the past 1 year, the shares jumped 147.87%. In the past 2 years, it jumped 321.76%. It gave 1808.96% multibagger return in the past 3 years. In the past 5 years, it gave 465.30% return.

About - Sarthak Metals Ltd.

Sarthak Metals Ltd (Formally known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the Desraj Bansal Group. The company is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide applications in various steel-making processes like Steel plants, Fabrication units and foundries.

Disclaimer

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