Board Of Small Cap Stock From Beverages Sector Approves Rs 6/Share Final Dividend

Board of directors of small cap stock operating in Beverages & Alcoholic sector, GM Breweries Limited approved final dividend of Rs 6 per equity share for the year ended March 31, 2023. The stock witnessed 3.70% decline in trade today on NSE. It gave 79% return in last 3-years. Check details below:

GM Breweries Limited Approves Final Dividend: According to the NSE filing of the company, "Recommended a final clividend of Rs. 6 per equity share of Rs.10/- for the year ended March 31, 2023, subject to approval of shareholders at the ensuing Annual General Meeting ("AGM") of the Company."

GM Breweries Limited Stock Performance & Return: The last trading price of GM Breweries is Rs 564.00 apiece on NSE. Its 52-week high price is Rs 760.00 apiece and 52-week low price is Rs 505.50 apiece, respectively. Its market capitalisation is Rs 1,03,085.32 lakhs. In last 1-year, the stock fell 23%, gave return of 79% in last 3-years, and fell 35% in last 5-years.

GM Breweries Limited About: G.M. Breweries Ltd is engaged in the manufacturing, marketing, and sale of alcoholic beverages including country liquor and Indian made foreign liquor. It offers products under G.M.Santra, G.M.Doctor, G.M.Limbu Punch, and G.M.Dilbahar Sounf brand names. It was founded by Jimmy William Almeida on December 9, 1981 and is headquartered in Mumbai.

Disclaimer: The stock declared final dividend today. 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.