Large Cap Multibagger Tyres Sector Stock Declares Record Date For 2nd Interim Dividend

Leading large cap company, Balkrishna Industries has fixed record date for 2nd interim dividend on Monday. The record date is November 22, 2022. The large cap company has a market capitalisation of Rs 37,979 crore. The company operates in Tyres sector. The stock has given multibagger returns to investors with maximum return of 126% in last 3-years. Check key takeaways below:

1. Balkrishna Industries Fixes Record Date For 2nd Interim Dividend

The board of directors of the company in the regulatory filing said, "The 2nd Interim Dividend for the financial year 2022-23, if declared, shall be paid to the equity shareholders whose name appears on the Register of Members of the company on the record date i.e. 22nd November, 2022. Request you to take the above on record and disseminate the same on your website."

2. Balkrishna Industries Stock Outlook And Return

The current market price of Balkrishna Industries is Rs 1964 apiece with 52-week high is Rs 2536 apiece and 52-week low is Rs 1681 apiece, respectively. The stock has given a return of 111% in last 5-years, 126% in last 3-years, and declined 19% in last 1-year.

3. Balkrishna Industries About

While the group foundation dates back to the 1950s, Balkrishna Industries Limited (BKT) started its Off-Highway tire business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications, according to its official website.

Disclaimer

The above stock gives details about interim dividend and record date. Greynium Information Technologies, the Author, and the respective Brokerage House 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.