Dividend Update: Multibagger Agro Processing Sector Stock Declares Record Date, Shares Jump

Leading Agro Processing sector stock, Sukhjit Starch & Chemicals Ltd has on December 5, 2022 fixed record date for interim dividend. The company has fixed December 13, 2022 as the record date. The small cap company has a market capitalisation of Rs 697 crore. Soon after the company fixed the record date, the shares of company rallied 4.89%. Check key takeaways below:

1. Board Of Sukhjit Starch & Chemicals Declares Record Date

The board of directors of the company said in the BSE filing, "The Board of Directors have, in their meeting held today, approved payment of an Interim Dividend of Rs. 8/- (Rs. Eight only) per equity share of face value of Rs. 10/- each (i.e. 80 %), for the financial year 2022-23. Record Date for payment of the said Interim Dividend has been fixed for 13/12/2022 (Tuesday)."

2. Sukhjit Starch & Chemicals Stock Performance

The last trading price of the stock is Rs 446 apiece with an intraday rise of 4.89%. The stock's 52-week high is Rs 617 apiece and 52-week low is Rs 292 apiece, respectively.

3. Sukhjit Starch & Chemicals Return

The stock has given 122% return in last 5-years, 138% return in last 3-years, and 41% return in last 1-year. In 1-week, the stock has jumped 6%.

4. Sukhjit Starch & Chemicals About

Sukhjit's technical expertise of over 75 years ensures optimum adaptation to end use. Apart from native starch, the company manufactures modified starches, dextrines, liquid glucose, hms, malto-dextrin, mono-hydrate dextrose, anyhydrose dextrose, sorbitol-70% solution and various by-products, catering to a wide spectrum of Industries, according to its official website.

Disclaimer

The stock gives details related to interim dividend's record date. 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.