Dividend Stock: Many companies listed in the stock market are releasing their second quarter results. Along with this, companies are also declaring dividends for their investors. In this connection, pharma company Ajanta Pharma Limited has also declared dividend for its shareholders, the record date of which is approaching. The company has also announced the payment date for the dividend to be given to the shareholders.
Dividend of Rs 28 will be available on one share
Ajanta Pharma had declared dividend for its shareholders on October 28. The company had said in an exchange filing that the Board of Directors has declared a first interim dividend of Rs 28 (1400%) on each share of 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 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 shareholders' bank accounts on or after November 15.
Shares closed with a gain of 0.24% during Muhurta trading.
Let us tell you that in the Muhurat trading session held today, the shares of the company closed at Rs 3079.15 with a rise of Rs 7.30 (0.24%). On Thursday, the shares of the company had closed at a price of Rs 3071.85, but today during Muhurat trading, they opened with a fall at a price of Rs 3068.05. During 1 hour of trading today, shares of Ajanta Pharma 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, 52 week high of Ajanta Pharma shares is Rs 3485.75 and 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 shares have been in the red for the last 3 months. However, during the last one week it has been in the green.
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