Small Cap Petrochemicals Sector Stock Sets Record Date For Dividend

Small cap stock operating in Petrochemicals sector, Styrenix Performance Materials Ltd has fixed record date for interim dividend. The stock surged 10% in last 2-weeks and 9% in last 1-month. The company has a market capitalisation of Rs 1,432.00 crore. Check details below:

Styrenix Performance Materials Ltd Fixes Record Date For Interim Dividend: According to the BSE filing of the company, "We hereby inform you that a meeting of the Board of Directors is scheduled to be held on Thursday, March 16, 2023, inter alia, to consider the proposal of declaration of interim dividend. The interim dividend, if declared, shall be paid to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, March 24, 2023, which would be the Record Date for this purpose."

Styrenix Performance Materials Stock Performance & Return: The last trading price of the stock is Rs 814.30 apiece with intraday fall of 0.38%. The stock's 52-week high is Rs 1175.00 apiece and 52-week low is Rs 701.25 apiece, respectively. It gave return of over 1% in last 3-months, fell 14% in last 1-year, and soared 23% in last 3-years.

Styrenix Performance Materials About: Styrenix Performance Materials Ltd came into existence in 1973. The small cap company operates in Petrochemicals sector. It manufactures 37388 tonnes of ABS (acrylonitrile butadiene styrene) polymer a versatile engineering plastic accepted as a substitute for conventional materials. The mechanical and thermal properties of ABS are comparable to metals. The company also manufactures 32361 tonnes of SAN (styrene acrylonitrile) a plastic giving a 95% transparent finish.

Disclaimer: The stock gives details about interim dividend and record date. 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.