Large Cap Govt Company Declares Rs 20/Share Dividend, 1 Yr Return 108%

Large cap PSU Defence sector stock, Hindustan Aeronautics Ltd (HAL) on March 10 declared second interim dividend of Rs 20 per equity share for the financial year 2022-23. HAL has already fixed March 20, 2023 as the record date. Hindustan Aeronautics share price as of March 10, 2023 is Rs 2849.85 apiece on BSE. of The stock gave a return of 166% in last 2-years. Check details below:

Hindustan Aeronautics Declares 200% Dividend: According to the BSE filing of the company, "The Board of Directors of the Company has, inter-alia, declared second interim dividend of Rs. 20 per equity share of Rs. 10/- each fully paid up (200%) for the Financial Year 2022-23. As informed earlier, Record date for the payment of second interim dividend will be Monday, the 20th March, 2023."

Hindustan Aeronautics Stock Performance, Return, & Financial Outlook: The last trading price of HAL is Rs 2849.85 apiece with intraday dip of 0.44%. Its 52-week high is Rs 2912.00 apiece and 52-week low is Rs 1345.00 apiece, respectively. Its market capitalisation is Rs 95,295.42 crore.

Return: The stock soared 18% in last 1-month, 17% in last 6-months, 108% in last 1-year, and 381% in last 5-years.

Financial Outlook: The company for the quarter ended December 31, 2022 declared its consolidated total income at Rs 6,162.72 crore, up 14.04 % from last quarter total income of Rs 5,403.86 crore. Its net profit after tax declared at Rs 1,153.92 Crore in latest quarter.

Hindustan Aeronautics About: Hindustan Aeronautics Limited (HAL) a public sector enterprise. The company develops, designs, manufactures, and supplies aircraft, helicopters, avionics, and communications equipment for military and civil markets. It also provides repair, maintenance, and support services for aircraft.

Disclaimer: The stock gives details about interim dividend and 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.