News: Electrosteel Castings Limited (BSE: 500128, NSE: ELECTCAST) is a prominent player in the castings and forgings industry. As investors, understanding the company’s dividend history, upcoming record date, and share price trends is crucial. Let’s delve into the details.
For the fiscal year ending March 2023, Electrosteel Castings declared an equity dividend of 90.00%, amounting to Rs 0.9 per share. This reflects the company’s commitment to rewarding its shareholders.
On February 8, 2024, Electrosteel Castings announced an interim dividend of INR 0.50 per equity share for the financial year 2023-2024. The record date for this dividend is February 21, 2024. Investors who hold shares on or before this date will be eligible to receive the dividend.
As of now, the current share price of Electrosteel Castings stands at Rs 175.70. Investors should keep an eye on market dynamics and company performance to make informed decisions.
Electrosteel Castings continues to be a player worth watching in the Indian market. Whether you’re a seasoned investor or a newcomer, staying informed about dividends, record dates, and share prices is essential. Remember to consult financial experts and conduct thorough research before making any investment choices.
Electrosteel Castings Limited (BSE: 500128, NSE: ELECTCAST) is an Indian company headquartered in Kolkata. It holds a significant position in the castings and forgings industry, with a strong focus on manufacturing solutions for water supply and sewerage systems. Let’s explore some key aspects of this company:
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