930.46% Rise In 3 Years! Microcap NBFC Fixes Record Date For Dividend, Scrip Jumps 10.75% In 1 Week

HB Stockholdings Ltd. on Jul 17, 2023, announced Record Date for dividend. The Board of Directors of the Company fixed the record date as Saturday, Aug 12, 2023, for the dividend, if declared at the 36th Annual General Meeting (AGM) of the company. The 36th AGM will be held on Saturday, Aug 19, 2023, at 12.00 Noon through Video Conferencing ('VC')/ Other Audio-Visual Means ('OAVM'), the Board informed the exchange.

HB Stockholdings Ltd. is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC). The company carries on the activities of investment in securities (Sale and Purchase of Securities). It is a microcap NBFC with a market capitalisation of Rs 36.70 Crore.

Record Date For Dividend

In a regulatory filing, HB Stockholdings Ltd. said, "The record date for the purpose of determining the eligibility of the share holders to receive dividend, if declared, at the ensuing Annual General Meeting and for casting votes by members, holding shares either in physical form or demateralised form through Remotee-voting/e-voting during the meeting shall be Saturday, 12th August, 2023 ("Record Date").The dividend, if declared, shall be paid to the share holders whose name appears in the register of members of the Company and in the record of depositoriesas on the Record Date."

Stock Outlook

The shares of HB Stockholdings currently trading 1.64% down, at Rs 51.42 apiece on BSE. The stock traded its 52-week high on Aug 25, 2022, at Rs 64 apiece and 52-week low on May 19, 2023, at Rs 39.81 apiece, respectively.

It gave 10.75% positive return in the past 1 week, while in the past 1 month, it gave 6.24% positive return. The stock jumped in the past 1 year, 64.28% in the past 2 years, 930.46% in the past 3 years, and 53.72% in the past 5 years, respectively.

Disclaimer

The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.