TAPARIA TOOLS LTD Dividend 2024, Record Date, Share Price, History

News: Taparia Tools Ltd, a prominent player in the castings and forgings industry, has recently announced its dividend plans for the year 2024. In this article, we’ll delve into the details of Taparia Tools’ dividends, the record date, share price trends, and a brief history of the company.

Dividends Declared

Taparia Tools has consistently rewarded its shareholders through dividends. Let’s take a closer look at the recent dividend declarations:

1. Interim Dividend (2023):

• Amount per Share: Rs. 77.50
• Record Date: July 11, 2023

2. Upcoming Interim Dividend (2024):

• Amount per Share: Rs. 20.00
• Record Date: February 24, 2024

Share Price Trends

Understanding the share price movement is crucial for investors. As of the last trading session, Taparia Tools’ shares were priced at Rs. 3.06 apiece on the Bombay Stock Exchange (BSE). The intraday gain stood at 4.79%. Keep an eye on the stock as it approaches the record date for the upcoming dividend.

Historical Insights

Taparia Tools has a rich history. While we await the 2024 dividend, let’s reflect on the company’s past performance. Here are some key points:

1. Massive Dividend (2023): In the previous year, Taparia Tools declared a substantial dividend of Rs. 77.50 per share.

2. Consistent Payouts: The company has maintained a tradition of rewarding shareholders through regular dividends.

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About TAPARIA TOOLS LTD :

TAPARIA TOOLS LTD, an ISO-9001 accredited company, has been a pioneer in the world of hand tools since its inception in 1969. With a rich legacy and a commitment to quality, Taparia has become a trusted name among professionals and enthusiasts alike.

Origins and Collaboration

Taparia’s journey began in India, where it embarked on a remarkable partnership with the renowned Swedish company, Bahco. This collaboration allowed Taparia to absorb cutting-edge production technology and craftsmanship from its Swedish counterpart. The result? A fusion of precision, durability, and innovation that defines Taparia’s hand tools.

The Craftsmanship Behind Taparia Tools

1. Quality Assurance: Taparia’s state-of-the-art manufacturing facility is equipped with a fully functional Quality Assurance Department and laboratory. Rigorous testing of raw materials ensures that only the finest components make their way into the final products.

2. Product Range: Taparia offers an extensive range of hand tools, catering to diverse needs. From wrenches and pliers to screwdrivers and hammers, each tool bears the hallmark of excellence.

3. Expertise: Taparia’s senior management underwent practical training at Bahco’s Swedish plant for over a year. This hands-on experience enriched their understanding of precision engineering and craftsmanship.

Taparia Tools: Beyond Boundaries

Taparia’s impact extends beyond India’s borders. As a manufacturer and exporter, it has earned global recognition for its commitment to quality. Professionals worldwide rely on Taparia tools for their reliability and performance.

Investors should mark their calendars for February 24, 2024, the record date for Taparia Tools’ interim dividend. As the company continues its growth journey, keeping track of dividend announcements and share price movements is essential for informed decision-making.

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