Small Cap Textiles Co. Recommends 100% Dividend, Stock Soars 441.24% In 3 Yrs; Know More

Small Cap Textile sector Company Shri Dinesh Mills Ltd. in a Board meeting held on May 30, 2023, recommends a Dividend of 100% i.e. Rs.10/share of Rs. 10 each for the financial year 2022-23. The dividend is subject to approval of the shareholders of the company.

Dividend

"The Board has recommended dividend at the rate of Rs.10/- per equity share of Rs.10/- each subject to approval of shareholders of the Company," the company said in the regulatory filing to BSE.

Stock Overview

On Friday, the share price of Shri Dinesh Mills ended at Rs. 525 apiece on BSE. It declined 4.45% in the last 1 week.

The stock declined 22.79% in the last 1 year. However, it gave a 441.24% positive return in the last 3 years and 230.92% in the last 5 years, respectively. It has a market valuation of Rs. 294.03 crore.

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