Rs 2/Share Dividend Recommended: Penny Stock Jumps 22.88% In 1-Week

Board of Directors of Joindre Capital Services Ltd on June 17 recommended a dividend of Rs 2/share on the face value of Rs 10 each for the financial year ended March 31st 2024. Last trading price of Joindre Capital Services share on BSE as on June 14, 2024 was Rs 51.99 per share with intraday gain of 4.00%. Joindre Capital Services shares hit upper circuit on June 12, June 13, and June 14, 2024. The company has a market capitalisation of Rs 71.94 crore. Check details below:

Joindre Capital Services Recommends Dividend: As per the regulatory filing of the company issued as on June 17, 2024, "At the meeting of the Board of Directors of the Company held on Monday, 17th June, 2024, the Board has recommended a Dividend of Rs. 2 per Equity Share on a face value of Rs. 10 each for the financial year ended 31st March, 2024, subject to approval of the shareholders at the ensuing Annual General Meeting."

Joindre Capital Services Dividend History: Joindre Capital Services announce 12 dividends since September 15, 2004. In last 1-year, Joindre Capital Services announced an equity dividend amounting to Rs 1.25 per share. At the current share price of Rs 51.99, Joindre Capital Services Ltd offers a dividend yield of 2.40%.

Joindre Capital Services Share Performance: The 52-week high price of Joindre Capital Services Ltd share on BSE is Rs 71.40 (as on 06/02/2024) and 52-week low price is Rs 29.25 per share (as on 19/07/2023), respectively. Joindre Capital Services shares offered return of 21.50% in last 2-weeks, gained 21% in last 3-months, fell 5% in last 6-months, offered return of 52% in last 1-year, and jumped 90% in last 2-years. In last 3-years, Joindre Capital Services stock surged 128% and 215% in last 5-years.

About: The holding company is engaged in business of share stockbroking and allied activities. The key activity of Joindre Capital is retail stockbroking through the network of branches and sub-brokers and authorized persons. It provides services in retail investment, institutional broking, mutual funds, derivates, IPOs, internet trading, commodity markets, NCDEX and MCX, among others.

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