Tata Group: This Tata firm will give 775% dividend, know what’s the report date – tata client merchandise pronounces 775 per cent dividend – 2024-05-21 11:38:11

by times news cr

2024-05-21 11:38:11

New Delhi: There’s excellent news for the traders of Tata Shopper Merchandise, the FMCG firm of Tata Group. The corporate has introduced to present 775% dividend for the monetary yr 2023-24. Tata Shopper Merchandise can pay a ultimate dividend of Rs 7.75 on every share of face worth of Re 1. The report date for this has been stored as twenty fourth Could. The corporate’s shares are buying and selling at Rs 1093.95 on BSE with a slight decline of 0.09%. Its 52-week excessive is Rs 1,269.60, the place it reached on March 7 this yr. Final yr on Could 22, its value was Rs 760.20. Meaning it has elevated by about 44 p.c in a single yr.

Tata Shopper Merchandise is without doubt one of the main FMCG firms within the nation. Its market cap is Rs 1,04,235.36 crore. Final yr the corporate had given a dividend of Rs 8.45. The corporate had given a dividend of Rs 6.05 in 2023, Rs 4.05 in 2021 and Rs 2.7 in 2022. The corporate’s shares have fallen 3.46 p.c within the final one month and 4.55 p.c within the final two months. Thus far this yr it has elevated by 1.40 p.c. If we discuss concerning the final one yr, throughout this era the shares of the corporate have elevated by 44 p.c. It has elevated by 45.09 p.c in two years, 67.71 p.c in three years, 265.34 p.c in 5 years and 656.97 p.c in 10 years. Tata Group is the most important industrial home within the nation. There are greater than two dozen listed firms on this group.

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