look news india
Goyal Food Products Limited has announced bonus shares and dividend. For this, the company has now also announced the record date. The company is giving 4 bonus shares in exchange of one share. The share price of this company is less than Rs 200.
What is the record date?
In the information given by the company to the stock market on May 30, it was told that 4 shares will be given as bonus on one share with face value of Rs 10. The company has also announced dividend. A dividend of 50 paise is being given on one share with face value of Rs 10. The company has announced the record date for this dividend.
The company has fixed the record date for bonus issue as 31 July 2024. That is, only those whose name appears in the company's record book on this day will get the benefit of dividend and bonus shares. The company is going to issue dividend and bonus shares for the first time. The company has never paid dividend before.
How is the stock market performing?
Shares of Goyal Food Products Limited closed at Rs 163.35 on Friday. In the last 6 months, this stock has fallen by 6 percent. While during 6 months, the price of the company's shares has seen an increase of 11.60 percent. At the same time, the share price has increased by 12.70 percent in one year. The company's 52-week high is Rs 223.45 and 52-week low is Rs 125.50. The market cap of the company is Rs 61.59 crore.