Electrosteel Castings Ltd recommends final dividend of Rs. 0.90

The board of directors of Electrosteel Castings Ltd has recommended a final dividend of Rs. 0.90 (90%) per Equity Share of face value of Re. 1/- each for the Financial Year ended 31 March, 2024, to the shareholders of the Company for their approval at their ensuing Annual General Meeting. The final dividend for the Financial Year ended 31 March, 2024, if any, declared by the shareholders at the ensuing Annual General Meeting will be paid to the shareholders after the Annual General Meeting, within such time period as required under the law. It may be noted that an Interim Dividend at Rs.0.50 (50%) per Equity Share was declared by the Board at its meeting held on 8 February 2024 and the same was paid by the Company. With this recommendation, the total dividend for the year ended 31st March 2024 aggregates to Rs. 1.40.

Shares of Electrosteel Castings Limited was last trading in BSE at Rs. 177.15 as compared to the previous close of Rs. 165.60. The total number of shares traded during the day was 157310 in over 2334 trades.

The stock hit an intraday high of Rs. 180.00 and intraday low of 167.55. The net turnover during the day was Rs. 27205897.00.

Source : Equity Bulls

Keywords

ElectrosteelCastings INE086A01029 FinalDividend FY24 FY2024