Latest Dividend Details: Metal Stock Determines Record Date To Pay Interim Dividend

Small cap company operating in metal sector, Sarthak Metals Ltd has decided record date to pay interim dividend. The record date is January 19, 2023. The company has a market capitalisation of Rs 182 crore. It has registered strong annual EPS growth. Check key details below:

1. Sarthak Metals Fixes Record Date For Interim Dividend

The board of directors of the metal stock stated in the BSE filing, "Revised outcome Pursuant to Regulation 30 and 43 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Tuesday, 20th December, 2022 had inter-alia considered and declared the Interim Dividend at the rate of Re. 1/- (Rupee One) (10%) per Equity Share bearing Face Value of Rs. 10/- each for the financial year 2022-23. The Interim Dividend will be paid on or before 19th January, 2023."

2. Sarthak Metals Share Performance

The small cap stock witnessed sharp decline intraday with its shares falling 5.54% on BSE. The last trading price of the stock is Rs 133 apiece. The stock's 52-week high is quoted at Rs 168 apiece and 52-week low is quoted at Rs 81 apiece, respectively.

3. Sarthak Metals Return In last 5-Years

The stock has given return of 17% in last 1-year and 93% in last 5-years. The stock has declined 7% in last 3-months and 3% in last 1-month. In last 1-week, the stock saw a fall of 8%.

The company for the quarter ended September 30, 2022 declared a consolidated total income of Rs 102 crore, down 24% from last quarter total income of Rs 135 crore.

4. Sarthak Metals About

Sarthak covers a large client base across India, providing highest quality products to the top steel manufacturing companies in the country. It implements rigorous testing and inspection processes to make sure customers get a product that conforms to the highest standards of accuracy, consistency and quality, according to its official website.

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.