Multibagger stock to announce dividend on preference shares

Indsil Hydro Power and Manganese Ltd is one of the shares that will pay dividends in April 2022. The company’s management informed Indian stock exchanges that the company’s board will meet today to announce another interim dividend of 10 percent cumulative redeemable preference shares for the financial year 2021-22.

In its stock exchange announcement, Indsil Hydro Power and Manganese Ltd informed about the proposal with reference to: “Notice is hereby given in accordance with the requirement in Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a Board meeting for The company is scheduled to be held on Friday, April 1, 2022 to consider, among other things, the announcement of a second interim dividend of 10% cumulative redeemable preference shares for the financial year 2021-22. “

Indsil Hydro share price history

Indsil Hydro shares are one of the multibagger shares in the Indian secondary market. Over the past year, this multibagger stock has increased from around 12 more levels 98 levels per share, rising to almost 730 percent. During the past 6 months, the share has delivered close to 270 percent, while in the past month it has risen from approx. 70 more 98, felling close to 40 percent estimate during this period. In year-to-date (YTD) time, this multibagger stock has increased from around 65 more 98 levels each, clocked at 50 percent estimate by 2022.

The current market capitalization of this multibagger share is 272 crore. Its current trading volume is 26,490, which is much lower than its 20-day average volume of close to 80,000. Its 52-week high on BSE is 118 while its 52-week low is 10.72. So the penny stock has emerged as a multibagger penny stock over the past year, delivering almost 730 percent over the past year.

Subscribe to Mint Newsletter

* Please enter a valid email address

* Thank you for subscribing to our newsletter.

Download the app to get 14 days of unlimited access to Mint Premium for free!

.

Leave a Comment