Small Cap Textiles Stock Recommends 350% Final Dividend, Soars 134.55% In 3 Yrs, Details Inside

Ambika Cotton Mills Ltd, a small cap company operating in the textiles sector, in their Board meeting held on Friday, 26th May 2023, recommends a final dividend of Rs 35/share i.e. 350% on the face value of Rs. 10 each. It has a market capitalisation of Rs. 864.70 crore.

Recommends Dividend Of Rs. 35/share

"The Board has recommended a Final Dividend of Rs.35/- (350%) per equity share on the face value of Rs.10/- each," Ambika Cotton Mills said in an exchange filling.

Stock outlook

The share price of Ambika Cotton Mills on NSE last traded at Rs. 1,510.40 apiece, down 1.54% from its previous close of Rs. 1,534 apiece. Its 52 week high is Rs. 1,950 apiece and the 52-week low is Rs. 1,314.20 apiece, respectively. It declined 1.57% in 1 week. It declined 15.57% in 1 year. In the past 3 years, it gave 134.55% positive return and in 5 years, it gave 13.24% positive return, respectively.

About - Ambika Cotton Mills Ltd.

Ambika Cotton Mills Ltd. is a Textiles sector firm engaged in manufacturing and selling speciality cotton arn catering to the needs of manufacturers of premium branded shirts and t-shirts. Exports constitute a significant portion of the operations.

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