Dividend Likely On Nov 8: IT Stock, Gained 98% In 6-Months, Declares Record Date

Mid cap IT Software company Birlasoft Ltd today fixed November 8, 2023 as the record date for interim dividend, if declared for the financial year 2023-24. Birlasoft shares gained 0.70% intraday as BSE Sensex fell 900.91 to 63,148 on Thursday. Birlasoft shares soared 93% in last 1-year and surged 98% in last 6-months.

The company will hold its meeting of board of directors on October 31, 2023 to consider and approve unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2023. Check details below:

Birlasoft Ltd To Consider & Approve Quarterly Results, Interim Dividend: As per the BSE filing of the company issued on October 23, 2023, "Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, October 31, 2023, inter alia, to consider and approve the unaudited financial results (Standalone and Consolidated) of the Company, for the quarter and half-year ended September 30, 2023." The company will also consider declaration of interim dividend in the same meeting.

Birlasoft Ltd Stock Performance & Return Over Years: Last trading price of Birlasoft Ltd share on BSE is Rs 528.70 per share with intraday gain of 0.70%. Its 52-week high price is Rs 559.95 per share and 52-week low price is Rs 250.35 per share, respectively. The company has a market capitalisation of Rs 14,568.59 crore. Birlasoft Ltd shares surged 93% in last 1-year, gained 32% in last 2-years, and soared 179% in last 3-years. Birlasoft stock gained 293% in last 5-years. In last 10-years, Birlasoft Ltd rose 493%.

Birlasoft Financials: The Pune-based company for the quarter ended June 30, 2023 announced a 14% YoY rise in its net profit to Rs 137.5 crore as compared to Rs 120 crore in the corresponding period last year. Its revenue from operations jumped 9% to Rs 1,263 crore for June quarter from Rs 1,154 crore in Q1FY23, added the BSE filing.

Birlasoft About: Incorporated in 1995, Birlasoft is a multi-shore business application global IT services provider with a presence in the United States, Europe, Asia-Pacific and India. It operates development centres in the United States, China, Poland and India. Birlasoft counts Fortune 100 enterprises across manufacturing, banking & financial services, insurance, media and healthcare industries as clients, according to its official website.

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