Mahanagar Gas Ltd, a Gas & Petroleum sector stock operating in the Gas Distribution industry declared a 100% Interim Dividend for the year ending March 2023 in its meeting held on February 02, 2023. Informing the shareholder, the stock also fixed the record date for the declared dividend. Mahanagar Gas is one of India's leading Natural Gas Distribution Companies. Check below for more details:
Mahanagar Gas Ltd stock performance
The share price of Mahanagar Gas closed at Rs 848.45 apiece on NSE, falling 0.40% as compared to its previous close. It is a Midcap stock having a market cap of Rs 8,399.57 crore.
The stock recorded its 52 week high on 16 August 2022 at Rs 925 apiece and the 52 week low on 20 June 2022 at Rs 665.80 apiece recorded, respectively.
The stock has fallen 0.04% in 1 week, 0.73% in 1 month and 4.15% in 3 months, respectively. It has fallen 0.09% in 1 year. In 3 years it fell 27.01% and in 5 years it fell 11.9%.
Mahanagar Gas Ltd declared 100% Interim Dividend
According to the regulatory filing by the Board of Directors of Mahanagar Gas Limited to BSE on February 2, 2023, "Interim Dividend of Rs. 10/- per equity share having face value of Rs. 10/- each (i.e. 100%) for the Financial Year 2022-2023 and fixed Tuesday, 14" February 2023 as the Record Date for the purpose of determining the eligibility of shareholders for the Interim Dividend. The Interim Dividend for the Financial Year 2022-2023 shall be paid to all the eligible shareholders within 30 days from the date of declaration."
Disclaimer
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