Rs 7/Share Dividend Approved: Small Cap Multibagger IT Stock Hits Upper Circuit

Board of directors of Small cap IT Software sector stock, Ksolves India Ltd on October 15 considered and declared 1st interim dividend of Rs.7/- (Rupees Seven) per share for financial year 2023-24 on its fully paid-up Equity share Capital of the Company. The company fixed October 26, 2023 as the record date. Last trading price of Ksolves India share on BSE is Rs 1153.75 per share. Ksolves India shares offered return of 127% in last 6-months. Check details below:

Ksolves India Declares 1st Interim Dividend: According to the BSE filing of the company dated October 15, "With reference to the above captioned subject, we would like to inform you that the Board of Directors of the Company at its meeting held today i.e., Sunday, October 15, 2023, inter-alia considered and declared 1st interim dividend of Rs.7/- (Rupees Seven) per share for financial year 2023-24 on its fully paid-up Equity share Capital of the Company."

Record Date For Interim Dividend: The Dividend shall be paid within the statutory time limit to the equity shareholders of the Company, whose names would appear on the Register of Members of the Company as on the Record date fixed i.e. October 26, 2023.

Ksolves India Stock Outlook & Return: Current market price of Ksolves India share on BSE is Rs 1153.75 per share with intraday gain of 5.00%. The stock hit 5% upper circuit today in trade. Ksolves India stock also witnessed spurt in volume as well by more than 5.87 times today. The company has a market capitalisation of Rs 1367.89 crore.

Ksolves India shares offered return of 162% YTD and soared 172% in last 1-years.

Ksolves India About: Ksolves India Limited is a leading Software Development Company dedicated to working on cutting-edge technologies like Big Data, Machine Learning, Salesforce®, Odoo, etc, according to its official website.

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