Small Cap Stock, With Return Over 4300% In 3-Yrs, Fixed Record Date For Dividend

Board of leading small cap stock, CG Power and Industrial Solutions Ltd today approved interim dividend and fixed March 15, 2023 as the record date. According to the BSE filing, the dividend will be paid on or after March 29, 2023. The stock gave 4313% return in just last 3-years. Last trading price of CG Power & Industrial Solutions is Rs 300.15 apiece on BSE. Check details below:

1. CG Power & Industrial Solutions Approves Interim Dividend, Sets Record Date

As per the regulatory filing of the company, "Board of Directors of the Company at its Meeting held today i.e. 2nd March, 2023 have considered and approved the payment of Interim Dividend at Rs. 1.50/- per Equity Share i.e. 75% on face value of Rs. 2/-per share for the Financial Year 2022-23. The Record Date for determining the Members eligible to receive aforesaid Interim Dividend is Wednesday, 15th March, 2023."
The Interim Dividend is expected to be paid on or after 29th March, 2023, but within 30 days from the declaration of Interim Dividend in terms of the relevant provisions of the Companies Act, 2013.

CG Power & Industrial Solutions Stock Performance & Return In Last 3-Years

The last trading price of the stock on BSE is Rs 300.15 apiece with intraday fall of 2.36%. Its 52-week high is Rs 338.50 apiece and 52-week low is Rs 154.00 apiece, respectively. It has a market capitalisation of Rs 45,835.80 crore.

The stock gave 77% return in last 1-year, 422% return in last 2-years, and 4313% return in last 3-years.

3. CG Power & Industrial Solutions About

CG is an engineering conglomerate with an impressive and diverse portfolio of products, solutions and services for Power and Industrial equipment and solutions, addressing myriad needs. CG was established in 1937 in India and since then the Company has been a pioneer and has retained its leadership position in the management and application of electrical energy, according to its official website. 

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.