Rs 8.50/Sh Dividend: Chemicals Stock To Go Ex-Dividend Soon, Multibagger Returns In 6-Months

Deepak Fertilisers & Petrochemicals Corporation Ltd shares will hit ex-dividend on September 3, 2024. The company on May 29, 2024 recommended dividend of Rs 8.50 per equity share having face value of Rs 10/- each for the financial year ended March 31,2024. Last trading price of Deepak Fertilisers shares on BSE is Rs 1047.05 per share. Deepak Fertilisers shares offered attractive returns of 107% in last 6-months. The company's market capitalisation stood at Rs 13,217.73 crore. Check details below:

Deepak Fertilisers & Petrochemicals Corporation Dividend: The BSE filing of the company dated May 29, 2024 stated, "We are pleased to inform you that the Board of Directors of your Company at their meeting held on 29th May, 2024 have recommended a dividend of Rs. 8.50/‐ (Eight Rupees and Fifty Paise) (85%) per equity share having face value of Rs. 10/‐ each, for the Financial Year ended 31st March, 2024. The dividend, as recommended by the Board, if approved at the 44th Annual General Meeting, will be paid to the eligible shareholders within 30 days of the date of its declaration."

Deepak Fertilisers AGM: The company will hold 44th Annual General Meeting on Tuesday, 10th September, 2024 at 11.00 a.m. through Video Conferencing/ Other Audio-Visual Means.

Deepak Fertilisers Shares Performance: The 52-week high price of Deepak Fertilisers shares on BSE is Rs 1123.95 per share (as on 26/08/2024) and 52-week low price is Rs 453.20 per share (as on 13/03/2024), respectively. Deepak Fertilisers shares gained 88% in last 3-months, soared 52% year-to-date, zoomed 74% in last 1-year, and gained 1267% in last 5-years.

About: Deepak Fertilisers and Petrochemicals Corporation Ltd. (DFPCL) is among India's leading producers of fertilizers and industrial chemicals. Set up in 1979 as an Ammonia manufacturer, DFPCL today is a publicly listed, multi-product Indian conglomerate with an annual turnover of over one billion USD with a product portfolio spanning industrial chemicals, bulk and specialty fertilisers, farming diagnostics and solutions, technical ammonium nitrate and value added real estate, which includes India's 1st & largest revolutionary concept retail destination for Home Interiors & Design, according to its official website.

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