The stock is well-known for paying out dividends and offering a competitive dividend yield.The stock is well-known for paying out dividends and offering a competitive dividend yield.
Gelatin and ossein are both produced by Narmada Gelatines. It is situated in Jabalpur and has access to the water, acid, lime, and broken bones that are its primary and vital inputs.
The stock has performed extraordinarily well, skyrocketing by about 20% and reaching its highest level of the day as a result. As a result, the stock is locked at its upper circuit limit on a day when the bulls have reason to celebrate due to the RBI’s 35 basis point increase in the repo rate and its continued hawkish position regarding sticky inflation and the need to keep an eye on inflationary expectations.The RBI reduced the FY23 GDP projection from 7% to 6.8% while maintaining the FY23 CPI inflation level projection at 6.7 percent.
What, then, is the catalyst for this Small-Cap stock whose price movement surprised everyone? It is a welcome gift from the Board to its stockholders. For the Financial Year 2022–2023, the Board of Directors declared a Special Interim Dividend of Rs. 100 per equity share (i.e., 1000% of the face value of Rs. 10 per fully paid equity share) at their meeting on December 7, 2022.The corporation must pay the eligible shareholders the aforementioned dividend of Rs. 100 per equity share within 30 days of the date.The stock is well-known for paying out dividends and offering a competitive dividend yield. Stock scaling has occurred as a result of the stock’s strong uptrend. up to a new 52-week high.