409% Rally In 2-Years: Small Cap Aerospace Stock Sets Record Date For Dividend

Small cap stock operating in Airlines sector, Taneja Aerospace & Aviation Ltd on July 21, 2023 fixed August 8, 2023 record date for interim dividend. Taneja Aerospace & Aviation shares offered 98% return in last 3 months, 116% return in last 6-months, and 132% return in last 1-year. Taneja Aerospace benefitted significantly from the boom in the aviation industry and witnessed strong upside in its stock price in the last 3 months. Check details below:

Taneja Aerospace Sets Record Date For Interim Dividend: According to the exchange filing of Taneja Aerospace dated July 21, 2023, "Please note that as per Regulation 42 of the Listing Regulations, the Record Date for ascertaining the names of the shareholders who will be entitled to receive the interim dividend if declared will be August 08, 2023, which will be paid /dispatched to the shareholders on or before 27th August, 2023."

The company will also consider and approve the un-audited financial results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2023 in its meeting scheduled to take place on July 28, 2023. It will also consider proposal for declaration of Interim dividend for the financial year 2023-24.

Taneja Aerospace Stock Performance & Return: Last trading price of Taneja Aerospace share is Rs 247.55 per share with intraday gain of 5.79%. The stock traded new 52-week high on July 18, hit upper circuit on July 17, again hit new 52-week high on July 17 and July 14. Taneja Aerospace share offered return of 132% in last 1-year, 409% return in last 2-years, 771% return in last 3-years, and 636% return in last 5-years. In last 10-years, Taneja Aerospace stock jumped 2246%.

Taneja Aerospace Recent Financial Performance: The company for the quarter ended March 31, 2023 declared its consolidated total income at Rs 10.10 crore, up 6.97% as against its last quarter total income of Rs 9.45 crore. It announced its latest quarter net profit after tax at Rs 2.88 crore.

Taneja Aerospace About: Taneja Aerospace & Aviation Limited manufactures complex parts and assemblies for a variety of customers in the aerospace sector in India as well as abroad. In addition, TAAL Aero provides aircraft design and modification services to the Indian Navy, the Indian Air-Force, BEL, HAL, ECIL and other Defense undertakings, according to its LinkedIn page.

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