Stock has risen by an impressive 51.08 per cent. With an attractive dividend yield of 1.83 per cent, it continues to be an appealing option

With a market share exceeding 80 per cent, company declared a 152 per cent dividend.

On Monday, the stock witnessed a multi-month breakout as it logged a fresh, nearly 12-month high. Furthermore, the stock has logged this breakout along with massive volume jump as volume recorded for the day was highest since mid-May 2019.   

On a consolidated basis, the Company delivered 16.3 per cent sales growth versus prior year, and a 3.5 per cent sales growth on a sequential basis.

The Muhurat Trading Session is going to be a terrific one along with this there is one more piece of good news, especially for the dividend investors as well as a host of stocks have announced a whopping dividend of as high as 1800 per cent and these companies belong to consumer food and household & personal products.

This stock demands special attention as the company may surprise investors with a hefty dividend announcement at its board of directors’ meeting, which is scheduled on October 20, 2022. 

There is an interesting observation that in the year 2021, the company declared a whopping 900 per cent dividend i.e. Rs 90. Earlier as well, the company had a history of declaring solid interim dividends.