Raju Engineers Ltd Share Price: Raju Engineers Limited has given good returns to the investors during the last one year. Now the company is in the news once again. This time the company is in the headlines for bonus shares and dividends. The board meeting of the company is going to be held.
Shares of this company will be divided into 5 parts, investors will get 1 free share
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The board meeting will be held on June 28
The board meeting of Raju Engineers Limited is going to be held on Friday i.e. 28 June 2024. The main agenda of this meeting is to decide on bonus issue and final dividend for the financial year 2023-24. Let us tell you that earlier this board meeting was to be held on June 24. Later this was changed. The exchange gave this information on Saturday.
Dividend was paid for the first time in 2002
Dividends have a long history. On August 28, 2002, the company was first traded on the stock exchange as an ex-dividend stock. The company last traded ex-dividend on September 15, 2023. At the same time, on September 17, 2009, the company’s shares were traded as ex-split. The shares of the company were then divided into 10 parts. Let us tell you that till now this company has not given bonus shares.
Raju Engineers Limited has done a buyback once. The record date set by the company for this is 31 January 2024.
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Strong stock market returns
The price of this multibagger stock has increased by 595 percent in the last one year. At the same time, this multibagger stock has gained 33.30 percent in 6 months. According to Trendlyne data, share prices have seen a 50 percent increase in 3 months. Let us tell you that on Friday, the shares of the company closed at the level of Rs 307.20 with an increase of 1.45 percent.
On Friday, the company’s share reached the level of Rs 310. This is also the company’s 52-week high. The company’s 52-week low is Rs 41 per share.