BIRLA PRECISION TECHNOLOGIES LTD Dividend 2024, Record Date, Share Price, History

News: Birla Precision Technologies Ltd, a renowned name in the engineering sector, has always been a company of interest for investors. This article will provide an overview of the company’s dividend for the year 2024, its record date, share price, and history.

Birla Precision Technologies Ltd Dividend 2024

The dividend announcement is a significant event for any investor. It’s a way for the company to distribute a portion of its earnings back to its shareholders. As of now, the specific details about Birla Precision Technologies Ltd’s dividend for the year 2024 are not available.

Record Date

The record date is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution. The specifics about the record date for the dividend of Birla Precision Technologies Ltd for the year 2024 are yet to be announced.

Share Price

The share price of a company is a key factor that investors consider while making investment decisions. It represents the value that the market places on that company. The current share price of Birla Precision Technologies Ltd can be found on various financial news platforms.

History

Birla Precision Technologies Ltd has a history of declaring dividends, which has played a crucial role in attracting investors.

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About BIRLA PRECISION TECHNOLOGIES LTD :

Birla Precision Technologies Ltd, an engineering powerhouse established in 1937, has made significant strides in the industrial sector. This article provides a comprehensive overview of the company, its operations, and its contributions to the industry.

Birla Precision Technologies Ltd is a global solution provider company that exports to over 24 countries. The company operates in the auto component and industrial engineering domain. It has five divisions, spread over five factories, with a new manufacturing facility set up at Chalisgaon in Maharashtra.

The company’s divisions include Indian Tool Manufacturers (ITM), which manufactures and supplies High-Speed Steel Cutting tools in domestic and global markets. The Tool Holder division manufactures AT3 Tool Holders, Collets, Work Holding, and Production Boosters. The Precision Components division manufactures engine components, shafts, spools, etc., for various automotive and Hydraulic clients abroad.

While the specifics about Birla Precision Technologies Ltd’s dividend for the year 2024 are not available at the moment, keeping an eye on the company’s announcements will provide investors with the necessary details in due time.

Frequently Asked Questions

1. What is the dividend announcement?

The dividend announcement is a declaration from a corporation about the dividends it will pay to its shareholders. The announcement includes details like the size of the dividend, the record date, and the payment date.

2. What is the significance of the record date?

The record date is important as it determines which shareholders are eligible to receive the company’s dividend. Only the shareholders who own the company’s shares on the record date will receive the dividend.

3. How does the share price affect an investment decision?

The share price is a crucial factor in investment decisions. It represents the market’s valuation of a company. Investors often consider the share price along with other financial indicators to assess whether a company’s stock is overvalued or undervalued.

4. Where can I find more information about Birla Precision Technologies Ltd?

You can find more information about Birla Precision Technologies Ltd on financial news platforms and the company’s official website.

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