Small Cap Metal Stock Declared 3rd Interim Dividend, Gave 566.47% In 3 Yrs, Hits 52 Week High

Maan Aluminium Ltd., a small-cap stock from the Metal Sector has declared 3rd Interim Dividend in its meeting held on 2 February 2023 for the year ending March 2023. The stock also fixed the record date for the declared Interim Dividend. It has a market capitalisation of Rs 298.28 crore. Below are the details about the stock:

Maan Aluminium Ltd. Stock Performance and Outlook

The stock of Maan Aluminium on Friday last traded at Rs 220.90 apiece on NSE, down 4.44% from the previous close of Rs 230.85 apiece. The stock hits 52-week high on 3 February 2023 at Rs 259 apiece. The stock recorded its 52 week low on 21 June 2022 at Rs 100.10 apiece. In a week it gained 2.92% and in 1 month it gained 24.88%, respectively. In 1 year it gained 82.46%. In 3 years, the stock has given the highest 566.47% return. In 5 years, it gave 210.92% positive return.

Maan Aluminium Ltd. Declared 3rd Interim Dividend For FY23

The Board of Directors of Maan Aluminium Ltd. in their regulatory filing to NSE/BSE on February 2, 2023, said, "With reference to the captioned subject, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. 02nd February, 2023 has considered and declared 3rd Interim Dividend @ Rs. 1/-(10%) per share for the financial Year 2022-2023. The details of the interim dividend payable will be as under: Dividend of Rs. 1/-(10%) per share on 1,35,21,216 Equity Rs. 1,35,21,216/- Shares of Rs. 10/- each fully paid up."

It added, "Pursuant to Regulation 42(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, 16th February, 2023 has been fixed as the Record date for the purpose of Interim Dividend."

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