Microcap Stock Under Rs 100 Recommends Dividends, Shares Rally 4.61%; Know More

Pecos Hotels & Pubs Ltd, in a Board meeting held on Friday, 23 June 2023, recommended a final dividend of Rs. 3/share of Rs. 10.001 each for the Financial Year 2022-23. The dividend is subject to the shareholder's approval at the ensuing 18th AGM.

This a BSE-listed microcap company that operates in the Tourism and Hospitality sector. It has a market valuation of Rs. 10.41 crore.

Dividend

The company in an exchange filing said, "The Board of Directors at its meeting held on June 23, 2023, recommended the payment of a final dividend for the financial year 2022-23, subject to the shareholder's approval at the ensuing 18th Annual General Meeting, at the rate of Rs 3/- per equity share of Rs. 10.001- each."

Stock Movement

On Friday, the share price of Pecos Hotels & Pubs closed at Rs. 79.50/share, rallied 4.61%. The stock declined 18.77% in the past 1 week and 24.29% in the past 1 month, respectively. It gave a positive return of 71.19% in the past 1 year, 32.34% in 3 years and 20.98% in 5 years, respectively.

It traded the 52 week high on 8 December 2022 at Rs. 138.65 apiece and 52 week low on 27 June 2022 at Rs. 41.45 apiece, respectively.

Disclaimer

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