Rs 30/Share Dividend Declared: Small Cap Packaging Stock Fixes Record Date

Small cap stock operating in Packaging sector, Polyplex Corporation Ltd declared a huge dividend of Rs 30 per share. The company fixed February 24, 2023 as the record date for interim dividend. The stock gave a return of 175% in last 3-years. The company has a market capitalisation of Rs 4506 crore. Check details below:

1. Polyplex Corporation Ltd Announces Rs 30/Share Dividend

The BSE filing of the company stated, "Declaration and payment of Second Interim Dividend (Special) for the Financial Year 2022-23 @ Rs. 30 per share of the face value of Rs 10/- each, subject to TDS/Withholding Tax; Record date for the purpose of payment of aforesaid Dividend has been fixed as February 24,2023 and is proposed to be paid within the time prescribed under law."

2. Polyplex Corporation Ltd Stock Performance & Return

The last trading price of the stock is Rs 1435.60 apiece with intraday decline of 4.84%. The stock's 52-week high is Rs 2,870.00 apiece and 52-week low is Rs 1419.95 apiece, respectively. The stock gave a return of 185% in last 5-years.

3. Polyplex Corporation Ltd About

Polyplex Corporation Ltd. (Polyplex) has the seventh-largest capacity of polyester (PET) film globally. Its polyester capabilities include both thin and thick PET film in a wide range of thickness and surface properties covering a spectrum of applications.

Its diversified business portfolio also includes BOPP, Blown PP/PE and CPP films produced in state-of-the-art plants with economic size. Integrated downstream capabilities of Metallizing, Holography, Silicone Coating, Offline Chemical Coating, Extrusion Coating and Transfer Metallized Paper deliver further value-added products.

Disclaimer

The stock gives details pertaining to 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.