500 per cent dividend announced: do you have this stock in your portfolio?
The shares of the company have generated a multibagger return of 146 per cent in the last three years
On August 08, 2023, GSFC Limited announced its quarterly result for the June quarter of FY24. The revenue of the company for Q1 FY24, stood at Rs 2032 crore which declined by 34 per cent YoY. The operating profit of the company stood at Rs 138 with an operating profit margin of 7 per cent, while the net profit of the company stood at Rs 106 crore.
As stated in the latest exchange filing, upon its declaration at the Annual General Meeting, the dividend will be paid at a rate of Rs 10.00 per equity share of the company on or after 28th September 2023, to those members whose names appear on the Register of Members of the Company on the Book Closure Date.
The board of the company recommended a dividend of Rs 10.00 per equity share with a face value of Rs 2.00 each, for the financial year ended March 31, 2023.
DSIJ offers a service 'Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
The Share Transfer Books of the company shall remain closed from Friday, the 9th of September 2023, to Friday, the 22nd of September 2023 (both days inclusive), for the purpose of ascertaining the entitlement for the payment of dividend.
The shares of the company closed at Rs 156 which is 2.94 per cent or Rs 4.5 up from the previous day’s closing price of Rs 151.55 on the BSE. Additionally, it has generated a multibagger return of 146 per cent in the last three years.
Incorporated in 1962, Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. It is engaged in the manufacturing of various fertilizers and industrial products such as plastics, synthetic rubbers, and man-made fibers.
Related articles
-
Stock Split and Dividend announced by the company; Stock generated a multibagger return of 6100 per cent, do not miss the opportunity!
-
1700 per cent return: This company’s majority promoter group entities waive off their dividend rights for ongoing expansion plans!
-
Multibagger Penny Stock under Rs 30; This small-cap company bags order worth Rs 4,03,56,394 from Nagpur Central Railways, stock generated multibagger return of 3300 per cent
-
Multibagger Penny Stock under Rs 100, This micro-cap company bagged orders worth more than its market capitalization; generated a multibagger return of 1070 per cent!
-
Rs 107,99,94,500 Buy back announced by this company, stock generated a multibagger return of 1300 per cent, do not miss the opportunity!
-
Stock of the street: This small-cap commercial vehicle company's monthly sales increased by more than 100 per cent!
-
Stock under Rs 150: This small-cap civil construction company bags order worth Rs 474.08 crore!
-
Back-to-Back upper circuit in this multibagger stock: Shares of this BSE 500 company gained over 300 per cent in the last two years!
-
Multibagger stock under Rs 100: This government enterprise emerged as the lowest bidder for a project worth Rs 378.16 crore from Mumbai Metro!
-
Rs 12,226.50 crore order: This small-cap company bags new orders from the Ministry of Railways!
-
Multibagger Stock: This small-cap chemical company delivered fantastic returns of over 300 per cent in the last 2 years!
-
Trending stock: This infrastructure giant bags a mega order from the Middle East region!
-
Multibagger stock update: This small-cap company launches a new hotel in Pune!
-
Penny stock under Rs 20: This micro-cap company bags an order worth Rs 59.77 crore!
-
Multibagger stock: This small-cap household appliance company announces the acquisition of a UK-based firm!
-
Penny stock update: This micro-cap company bags a tender from Indian Railways!
-
Multibagger stock under Rs 100: Shares of this government enterprise jump over 9 per cent after receiving an order worth Rs 1271.81 crore!
-
This small-cap construction company bags an order worth Rs 780.12 crore; shares gain over 2 per cent
-
Upper Circuit Alert: This microcap auto component company received export order worth USD 1 million!
-
Trending stock under Rs 100: This civil construction company secures new order worth Rs 48.82 crore!