Disha India shares gave 88 percent return in 1 year. The price of one share of the company is more than Rs 14900. Disha India has been distributing dividends since 2003.
New Delhi. This week, stock market investors have a great opportunity to earn money. Industrial product manufacturer Disha India is going to give a dividend of 1000 percent on every share. The face value of the company’s shares is Rs 10, on which a dividend of 1000 percent will be given. This means that Rs 100 extra will be given to the investors per share.
For this, investors will have to invest before the ex-dividend date. The company has fixed 16 February as the record date for dividend. This means that this stock will become ex-dividend on the 15th. Only those who invest in the stock before this date will get the benefit of dividend. Investors who want to take advantage of Disha India’s dividend can invest in it till 14 February.
Dividends since 2003
The company has been giving dividends to its investors since 2003. Last year also, an interim dividend of Rs 100 and a final dividend of Rs 10 were given. This time the dividend can be paid by 6th March. Let us tell you that the company has made a profit of more than Rs 5.50 crore in the October-December quarter. This is 185 percent more than the same quarter of the previous financial year on an annual basis. On an annual basis, the company’s revenue from operations increased from Rs 50.2 crore to Rs 59 crore.
Performance of last 5 years
The company’s shares have given a return of 143 percent in the last 5 years. Currently, the price of one share is Rs 14900. This stock has increased by 88 percent in one year. At the same time, it has fallen by less than 1 percent in 1 month. On Friday, this stock closed 0.63 percent higher.
What does the company do?
Disa India was established in 1984. It provides industrial solutions and machinery. Its prime focus is the aluminium and iron industry. The company provides foundry and shot blasting equipment to these industries. Denmark’s Disa Holding holds 74 percent stake in Disa India. The remaining shares are available in the retail market. This company is listed only on the BSE. Disa India is headquartered in Bangalore.
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Tags: Earn money, Share market
FIRST PUBLISHED : February 11, 2024, 11:23 IST