This company announced a bumper dividend of 1400%, check the record date

Dividend Freepik 1730479095

Dividend Stock: Many companies listed in the stock market are releasing their second-quarter results. Along with this, companies are also announcing dividends for their investors. In this connection, pharma company Ajanta Pharma Limited has also announced a dividend for its shareholders, the record date of which is coming closer. The company has also announced the payment date for the dividend to be given to the shareholders.

You will get a dividend of Rs 28 per share

Ajanta Pharma announced a dividend for its shareholders on October 28. The company had said in an exchange filing that the Board of Directors has declared the first interim dividend of Rs 28 (1400%) on each share with a face value of Rs 2 for the financial year 2024-25. The company will distribute a total of Rs 350 crore for this interim dividend to be given to the shareholders. The company said that the record date for this dividend has been fixed on Wednesday, November 6 and the dividend money will be sent to the bank accounts of the shareholders on or after November 15.

Shares closed with a gain of 0.24% during Muhurat trading

.Let us tell you that in the Muhurat trading session held today, the company’s shares closed at Rs 3079.15 with a gain of Rs 7.30 (0.24%). On Thursday, the company’s shares closed at Rs 3071.85, but today during Muhurat trading, they opened with a decline at Rs 3068.05. Today, during 1 hour of trading, Ajanta Pharma shares touched an intraday high of Rs 3126.45 from an intraday low of Rs 3065.00.

The current market cap of the company is Rs 38,462.31 crore

According to BSE data, the 52-week high of Ajanta Pharma shares is Rs 3485.75 and the 52-week low is Rs 1781.65. The current market cap of this pharma sector company is Rs 38,462.31 crore. Let us tell you that the company’s stock has been in the red mark for the last 3 months. However, during the last week, it has been in the green mark.