Midcap FMCG Stock Declared Rs 35 Interim Dividend, Fixed Record Date, Trading Near 52 Week Low

Gillette India Limited has declared an Interim Dividend of Rs 35 on February 01, 2023. It is a midcap FMCG sector company engaged in manufacturing and selling of packaged fast-moving goods under its various brands in the grooming and oral care segment. The company sells various personal car products such as shaving gel, razors and blades, shaving cream and aftershave. The company has a market valuation of Rs 16,006.67 crore. Below we mentioned the key highlights about the stock of Gillette India:

Gillette India Limited's Stock Performance Over The Past 5 Years

The stock of Gillette India on NSE last traded at Rs 4,912.25 apiece, up 0.70% from its previous close of Rs 4,878.15 apiece. The stock hit the 52 week low on 26 May 2022 at Rs 4,748 apiece and 52-week high on 22 August 2022 at Rs 5,624.95 apiece, respectively. The stock has fallen 0.4% in the 1 week, 1.87% in 1 month and 4.81% in 3 months, respectively. It has fallen further by 7.23% in 1 year and 21.2% in 3 years, respectively. The stock has fallen the highest 23.84% in the last 5 years.

Gillette India Limited's Declared Rs 35 Interim Dividend

According to the regulatory filing by Gillette India Limited to BSE on February 01, 2023, "the Board of Directors of the Company at its meeting held today, inter alia, have recommended an Interim Dividend for the Financial Year 2022-23 of Rs. 35 per Equity Share (Face Value of Rs. 10/- each). The dividend shall be paid on or before February 28, 2023. As informed earlier in our letter dated January 09, 2023, record date for the purpose of eligibility for payment of said Interim Dividend shall be February 09, 2023."

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