Small Cap Irrigation & Allied Services Stock Declares Rs 15/Share Dividend

Small cap stock operating in Irrigation & Allied Services sector, KSB Ltd declared Rs 15.00 per equity share dividend for the financial year ended December 31, 2022. The stock gave a return of 80% in last 1-year. It has a market capitalisation of Rs 6,443.28 crore. Check details below:

1. KSB Ltd Declares 150% Dividend

According to the BSE filing of the company dated February 23, 2023, "Board of Directors of the Company at its meeting held on 23rd February, 2023, inter-alia, unanimously approved the recommendation of payment of Dividend of INR 15.00 (150%) per equity share on 3,48,07,844 equity shares (Face Value INR 10 each fully paid up) for the financial year ended on 31st December, 2022 and the same shall be payable subject to approval of the shareholders at the ensuing Annual General Meeting of the Company."

2. KSB Ltd Stock Performance & Return

The last trading price of the stock is Rs 1851.10 apiece with 52-week high at Rs 2,171.00 apiece and 52-week low at Rs 959.65 apiece, respectively. The stock rallied 1.44% in last 6-months, 80% in last 1-year, and 162% in last 3-years.

3. KSB Ltd About

KSB Limited founded in the year 1960, is headquartered in Pune in the state of Maharashtra. To cater to the needs of the new and emerging India, KSB India has invested in world class facilities and technologies where it produces centrifugal pumps and industrial valves and distribute across the Indian sub-continent, according to its official website.

Disclaimer

The stock gives details about dividend announced on February 23, 2023. Greynium Information Technologies and the author 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.