Auto Ancillaries Stock: Small Cap Stock Fixes Record Date For Rs 1.50/Share Dividend

Small cap stock operating in auto ancillaries sector stock Remsons Industries Ltd on Thursday declared September 8, 2023 as record date for dividend. Last trading price of Remsons Industries share is Rs 410.75 apiece after an intraday rally of 1.42%. In last 6-months, Remsons Industries shares surged 90% and gained 84% in last 1-year. Check details below:

Remsons Industries Announces Record Date For Dividend: According to the BSE filing of Remsons Industries dated August 24, 2023, "It is also notified that the dividend for the financial year ended 31st March, 2023 will be paid to those shareholders, whose names stand on the Register of Members / List of Beneficiaries as on the cut-off date i.e. Friday, 8th September, 2023."

Remsons Industries Dividend: Earlier this year on May 26, 2023 the board of directors of company stated in the exchange filing, "Recommended the payment of dividend of Rs. 1.50/- (One Rupee Fifty Paise only) per Equity Share of Rs. 10/- each (15%) for the financial year ended 31st March, 2023, subject to approval of the shareholders in the ensuing Annual General Meeting of the Company. The dividend, if approved at the ensuing Annual General Meeting of the Company, shall be paid / dispatched to the eligible shareholders."

Remsons Industries Stock Performance & Return: Current market price of Remsons Industries stock is Rs 410.75 apiece with intraday gain of 1.42% on BSE. Its 52-week high price is Rs 414.50 apiece and 52-week low price is Rs 182.00 apiece, respectively. Its market capitalisation is Rs 234.68 crore.
Remsons Industries shares soared 69% YTD, gained 110% in last 2-years, and jumped 260% in last 3-years.

Remsons Industries Financials: The company for the quarter ended June 30 recorded a 5.13% decline in its consolidated total income at Rs 73.12 crore as compared to its last quarter total income of Rs 77.07 crore. It announced its latest quarter net profit after tax at Rs 1.95 crore.

Remsons Industries About: Remsons is a supplier to many of the most demanding markets around the world including Automotive, Agricultural, Construction, Railways and Lighting. It came into existence in 1971.

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