ELECTROSTEEL CASTINGS LTD Dividend 2024 Record Date, Share Price, History

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.

Dividend History

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.

Upcoming Dividend: Record Date

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.

Share Price Trends

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.

About ELECTROSTEEL CASTINGS LTD :

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:

Company Overview

• Electrosteel Castings is one of the largest manufacturers of ductile iron pipes in the Indian sub-continent.
• The company boasts an impressive production capacity of 280,000 metric tons per annum

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