After 596% Return In 3-Yrs, Metal Stock Fixes Record Date For Dividend Payout

Small cap metal & ferrous sector stock Precision Wires India on October 31 fixed November 17, 2023 as the record date for the purpose of payment of interim dividend. Last trading price of Precision Wires India share on BSE is Rs 119.45 per share with intraday gain of 0.59%. Precision Wires India shares delivered shareholders return of 59% in last 6-months and soared 107% in last 1-year.

Precision Wires India Sets Record Date For Interim Dividend: According to the regulatory filing of Precision Wires issued today, "Further pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby wish to inform that the Interim Dividend, declared shall be paid to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, 17th November, 2023 which is the Record Date fixed for the purpose of payment of Interim Dividend."

Precision Wires India Stock Outlook & Return: Last trading price of Precision Wires India share on BSE is Rs 119.45 per share. Its 52-week high price is Rs 141.00 per share and 52-week low price is Rs 57.33 per share, respectively. The company's market capitalisation is Rs 2134.07 crore. Precision Wires India shares surged 251% in last 2-years, gave return of 596% in last 3-years and soared 332% in last 5-years. In last 10-years, Precision Wires India stock rallied 2270%.

Precision Wires India About: Precision Wires India Limited is the largest manufacturer of Copper Winding Wires/Magnet Wires in South Asia. Its products include Enamelled Round wire, Enamelled Rectangular wire, Continuously Transposed Conductors and Paper Taped Conductors. These products are widely used by the electrical and electronics industry across the globe, according to its official Linkedin page.

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.