This Mid-Cap Holding Stock, Paying A Dividend Of Rs 82, Will Soon Turn Ex-Dividend

Kama Holdings Limited operates in holding company sector. The company has a market capitalization of Rs 8,132.91 crore at the time of writing the story. Its key segments include technical textiles business, chemicals business, packaging film business and others.

The board of directors of the company announced earlier this month an interim dividend of Rs 82 per share and now it will soon turn ex-dividend. Check the key details pertaining to dividend and stock outlook, among others:

Kama Holdings Ltd To Pay Rs 82 Interim Dividend

The board of directors in its 22nd August filing with BSE stated, "We wish to inform you that the Board of Directors at its meeting held today has declared interim dividend @ 820% i.e. Rs. 82 per share on the paid-up equity share capital of the Company. Dividend would be paid to members whose names appear on the Register of Members and the beneficial owners as per details received from National Securities Depository Limited and Central Depository Services (India) Limited, as on the Record Date i.e. Tuesday, the 30 th August 2022 which has already been communicated to Exchanges by letter dated 17 th August, 2022. The date of payment of interim equity dividend will be Tuesday, the 20th September, 2022."

Therefore, the stock of Kama Holdings will trade ex-dividend on August 29, 2022, as the ex-date takes place a day before the record date. The record date is August 30.

Kama Holdings Ltd Stock Outlook

The current market price of the stock is Rs 12,600 apiece. The stock gained 1.10% intraday.

Kama Holdings Ltd 52-Week High/Low

The stock's 52-week high is Rs 12,880 and 52-week low is Rs 8310 apiece, respectively.

Kama Holdings Ltd Market Capitalization

The market capitalization of the company at the time of writing the story is Rs 8,130.29 crore.

Kama Holdings Ltd Return in the last 5 years

The stock has given a return of 34% in 1 year, 152% in 3 years, and 351% in 5 years.

Kama Holdings Ltd Financial Result

The company's net sales recorded at at Rs 3,563.65 crore in March 2022, higher 35.86% from Rs. 2,623.10 crore in March 2021. It announced a quarterly net profit at Rs. 303.98 crore in March 2022, higher 57.89% from Rs. 192.53 crore in March 2021.

Kama Holdings Ltd About

The company's technical textiles business segment consists of nylon tire cord fabric, belting fabric, polyester tire cord fabric, and industrial yarns and its research and development.

Meanwhile, the chemicals business segment consists of refrigerant gases, chloromethane, pharmaceuticals, fluorochemicals, and allied products and its research and development. Its Packaging Film business segment includes polyester films. The several other segments include coated fabric, laminated fabric and other ancillary activities.