Small Cap Textiles Sector Stock Declared 2nd Interim Dividend, Check Record Date

Siyaram Silk Mills Ltd., a leading Textile manufacturing company in India has declared the 2nd Interim Dividend i.e. 150% for the financial year ending march 2023. The company is engaged in manufacturing fabrics and readymade garments, especially in the men's wear section. The company has a market capitalisation of Rs 2,320.07 crore. Check below to know more:

Siyaram Silk Mills' Stock Performance & Outlook

The share price of Siyaram Silk Mills is currently trading at Rs 494.25 apiece on NSE, up 0.43% from the previous close. The stock hits 52-week high on 12 April 2022 at Rs 699.90 apiece and 52-week low on 28 March 2022 at Rs 409.40 apiece, respectively.

The share price declined 12.24% in the past 1 week, and 6.02% in the past 1 month, respectively. In 3 months, it gained 12.595 and in 1 year it gained 2.32%, respectively. In 3 years it gained a maasive 119.05%. However, in the past 5 years it has fallen by 23.69%.

Siyaram Silk Mills declares 2nd interim dividend of Rs. 3

The Board of Directors of the Siyaram Silk Mills in its regulatory filing on 28th January 2023 has stated, "Considered and declared 2nd Interim Dividend of Rs.3/- (150%) per equity share on the Paid up Equity Shares of Rs. 2/- each, for the Financial Year 2022-23. The Interim Dividend will be credited/paid/ dispatched on or after 15th February, 2023 as per applicable provisions of Companies Act, 2013, to such shareholders as on Record Date i.e. 6th February, 2023."

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