Top Multibagger Apparels Stock To Soon Pay Rs 70 Per Share Interim Dividend: Record Date Set

Page Industries Ltd is leading company that operates in Apparels sector. The large cap company has declared an interim dividend of Rs 70 per equity share and fixed the record date as November 18. The company has a market capitalisation of Rs 54,534.86 crore. The stock has given a maximum return of 116% in the last 5-years and 99% in last 3-years. Check key takeaways below:

1. Page Industries Ltd To Pay Interim Dividend, Record Date Next Week

The board of directors of Page Industries said, "The Board of Directors of the Company at their meeting held today (i.e., 10 November 2022) has declared 2nd Interim Dividend 2022-23 of Rs. 70/- per equity share. As informed earlier, the record date fixed for the payment of interim dividend is 18 November 2022. The date fixed for payment of dividend is on or before 9 December 2022."

2. Page Industries Stock Performance

The current market price of the stock is Rs 48,893 apiece with an intraday dip of 1.36%. The 52-week high is Rs 54,262 apiece and 52-week low is Rs 36,500 apiece, respectively.

3. Page Industries Latest Result

Page Industries' net profit surged 1.02% to Rs 162.13 crore for the quarter ended September 2022 against Rs 160.49 crore reported during the previous quarter ended September 2021.

Sales of the company jumped too by 15.78% to Rs 1255 crore for the quarter ended September 2022 as against Rs 1084 crore during the previous quarter ended September 2021.

4. About Page Industries

The company is located in Bangalore and is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY brand in India apart from other countries like Sri Lanka, Bangladesh, Nepal and the UAE.

The company is also the exclusive licensee of Speedo International Ltd. for the manufacture, marketing and distribution of the Speedo brand in India. 

Disclaimer

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