Small Cap Entertainment Stock Hits 52-Week As Board Recommends Dividend, Soars 94.92% In 3 Months

Entertainment sector Small cap company, Tips Industries Limited today, July 25, 2023, declared an interim dividend of 100% i.e. Rs 1/- per equity share on fully paid-up equity shares of Rs 1/- per share. The company also fixed the Record Date for the payment of the Interim Dividend as Friday, Aug 04, 2023. The recommended dividend will be paid on or before Aug 21, 2023, according to the company.

"Declared an interim dividend Re. 1/- per equity share (i.e. 100%) on the fully paid up equity shares of the face value of Re. 1/- per share. Fixed August 4, 2023 as the Record Date towards payment of Interim Dividend. The Interim Dividend will be paid on or before August 21, 2023," the company said in an exchange filing.

The share price of Tips Industries closed today at Rs 293.65 apiece up 0.65% up after hitting a new 52-week high. The stock hit 52-week high at Rs 315.25 apiece, while it hit 52-week low at Rs 138.46 apiece on BSE.

The stock gained 5.71% in 1 week. It gained 33.39% in 1 month, 94.92% in 3 months and 80.61% in 6 months, respectively. It gave 61.62% positive return in 1 year, and 165.55% in 2 years, respectively. It gave 2049.71% positive return in 3 years, and 3794.56% in 5 years, respectively.

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