HomeTech newsThis company made a great growth in quarterly results, declared dividend of...

This company made a great growth in quarterly results, declared dividend of 250 percent

Multibagger Stock Navin Fluorine Dividend Record Date 2022 : In the stock market, the shares of Navin Fluorine company have given the gift of bonus and dividend to their investors. Also, Naveen Florin Company is also included in the list of Multibagger Stocks. This company has released the results of the second quarter (Q2 Result). After which the investors have been given the gift of bonus and dividend.

250 percent dividend with bonus
Let us tell you that the board members of Navin Fluorine have announced bonus along with quarterly results. The company will give a dividend of 250 percent to the eligible investors. The record date has also been fixed for this dividend.

what the company said
This company said in the information given to the stock exchange that “In the meeting of the Board of Directors of the company, it has been decided to pay a dividend of Rs 5 on the shares having a face value of Rs 2”. The record date for this dividend has been fixed by the company on the date of November 4, 2022. This interim dividend will be paid by the company on or after November 17, 2022, Thursday.

Outstanding performance in quarterly results
The company’s net revenue in the second quarter of the current financial year 2022-23 has been Rs 419.20 crore. Which is 24 percent more than the Rs 339 crore in the second quarter of the last financial year. At the same time, the company’s revenue has been 5 percent percent compared to the first quarter of the current financial year. The EBITDA growth of the company has earned a profit of 11 percent year on year.

Returns can increase by 30 percent
If someone had bet on the shares of this company 1 year ago, then his return would have increased up to 30 percent. The price of one share of this company has reached Rs 3388 per share at the level of Rs 4436. This year, the company’s share prices have seen a jump of 5 percent. 6 months ago, people who had faith in the shares of the company have got a return of 11 percent during this period. In the same last 1 month, the company’s stock has broken up to 4.30 percent in BSE.

Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. It is never advised to invest any money from ABPLive.com here.

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