Small Cap Stock Under Rs 90 Sets Record Date For Dividend, Stock Soars 184% In 180 Days

Board of small cap stock DMR Hydroengineering & Infrastructures fixed September 1, 2023 as the record date for final dividend. DMR Hydroengineering shares witnessed gain of 216% in last 1-year. Last trading price of DMR Hydroengineering share is Rs 71.14 apiece. The stock hit lower circuit intraday as shares declined 4.99% intraday. Check details below:

DMR Hydroengineering Sets Record Date For Dividend: According to the BSE filing dated August 22, 2023, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 ("Listing Regulations"), and applicable provisions of the Companies Act, 2013 and rules framed there under, this is to inform you that the Company has fixed Friday, 2013 and rules framed there under, this is to inform you that the Company has fixed Friday, payment of final dividend for the financial year ended March 31, 2023.

DMR Hydroengineering Dividend: Earlier, the board of the company on July 25, 2023 recommended a final dividend of Rs. 0.11/- per equity share of Rs. 10/- each for the financial year ended March 31, 2023 subject to the approval of shareholders. The Company will arrange to pay the dividend within 30 days post approval of the same by the shareholders at its upcoming Annual General Meeting of the Company.

DMR Hydroengineering Stock Performance & Return: Last trading price of DMR Hydroengineering share is Rs 71.14 apiece. Its 52-week high price is Rs 78.82 apiece and 52-week low price is Rs 20.40 apiece, respectively. It has a market capitalisation of Rs 26.51 crore. DMR Hydroengineering shares soared 184% in last 6-months, gained 137% YTD, and soared 216% in last 1-year.

DMR Hydroengineering About: Its service offering covers all aspects of engineering and management advisory and provides sustainable solutions across a range of industries. Its team has extensive experience in project management and engineering design for Hydropower, Pumped Storage, water resources, dams, barrages, roads and rail tunnels, etc, according to its official website.

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