5% Fall In 1-Yr & 35% Gain In 90 Days: Small Cap IT Stock Sets Record Date For 100% Dividend

Small cap stock operating in IT Software sector, Birlasoft Ltd fixed July 14, 2023 as the record date for 100% dividend. Earlier this year on May 8, board of directors of Birlasoft recommended Rs 2/- per share dividend. Birlasoft shares witnessed a surge of 35% in last 3-months on BSE. Check details below:

Birlasoft Ltd Declares Record Date For Dividend: As per the BSE filing of the company, "The Record Date to determine the members who will be eligible to receive final dividend, if approved at the ensuing AGM, will be Friday, July 14, 2023. The said dividend, if approved, will be paid as per statutory timelines."

Board of directors recommended final dividend of Rs. 2/- per equity share of face value of Rs. 2/- each (100%), for the financial year 2022-23, subject to declaration of the same by the members at the ensuing Annual General Meeting ("AGM") of the Company.

Birlasoft Ltd Stock Performance & Return: Current market price of Birlasoft Ltd share is Rs 352.95 per share on BSE with an intraday gain 3.81%. The stock's 52-week high price is quoted at Rs 377.85 per share and 52-week low price is Rs 250.35 per share, respectively. The company has a market capitalisation of Rs 9711.72 crore. In last 3-months, Birlasoft stock gave 35%, offered 19% return in last YTD, delivered again 19% return in last 6-months, and fell 5% in last 1-year. Birlasoft shares offered maximum 283% return in last 3-years.

Birlasoft Ltd About: Incorporated in 1995, Birlasoft is a multi-shore business application global IT services provider with a presence in the United States, Europe, Asia-Pacific and India. It operates development centres in the United States, China, Poland and India. Birlasoft counts Fortune 100 enterprises across manufacturing, banking & financial services, insurance, media and healthcare industries as clients, according to its official website.

Disclaimer: The small cap IT stock fixed record date for 100% dividend. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.