Aditya Birla Group Small Cap Stock Recommends 100% Dividend, Jumps 224.59% In 3Yrs

Aditya Birla Group Firm Century Enka Ltd. operating in the textile sector recommends a dividend at the rate of 100% i.e. Rs. 10 each equity share of Rs. 10 each for the financial year 2022-2023.

Century Enka Ltd. is a part of the Aditya Birla Group, the company is known for high quality, product innovation, fair business practices and customer satisfaction. It is a small cap stock with a market capitalisation of Rs. 896.86 crore.

Recommends Dividend

"The Board of Directors has also recommended a dividend at the rate of 100% (i.e., Rs.10/- per Equity Share of Rs.10/- each) for the financial year ended on 31st March 2023," the Board of Century Enka said in an exchange filing.

Stock Outlook

The stock last traded at Rs. 410.45/share, down 1.77% from its previous close. Its 52 week high is Rs. 523.75/share recorded and its 52-week low is Rs. 340/share, respectively.

The stock surged 2.93% in 1 week, and 10.32% in 1 month, respectively. It has given 19.33% negative return in 1 year. In 3 years, it has given a robust 224.59% return. In 5 years, it has given 31.72% positive return.

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