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Multibagger Stock: The engineering products manufacturing company has enriched investors over the last 3 years. This company is Kilburn Engineering Limited. Let us tell you that today i.e. Wednesday, the shares of the company will be traded on ex-dividend basis. Kilburn Engineering has announced a 10% dividend of Rs 1 per share. Shares of Kilburn Engineering have returned 790% over the past 3 years. On Wednesday, the company’s stock rose 1.53% to Rs. is trading at 159.
Stocks are coming
The company reported excellent earnings in the June quarter. Kilburn Engineering reported a 144.82% growth in net profit for the quarter ended June 2023. Kilburn Engineering’s net profit for June 2022 quarter at Rs. 2.9 crore in the first quarter to Rs. 7.1 crore has been made. At the same time, on September 30, 2022, it will be Rs. 56.35 to a 52-week low on September 12, 2023 at Rs. It hit a 52-week high of 173.95.
The promoters hold 53.90% stake
In the quarter ended June 2023, 14 promoters held 53.90% stake in the firm. At the same time, 10,091 public shareholders held 46.10 percent or 1.73 crore shares. Of these, 9,511 public shareholders hold 47.83 lakh shares or 12.73 per cent stake worth Rs. was with a capital of up to 2 lakhs. While for the quarter ended June 2023, only 65 shareholders holding a 14.51% stake held Rs. had a capital of more than 2 lakhs.
What does the company do?
Let us tell you that the company manufactures engineering products. Kilburn Engineering is engaged in designing, manufacturing and commissioning of customized equipment/systems for complex applications in several industrial sectors such as chemicals including soda ash, carbon black, steel, nuclear energy, petrochemicals and food processing.
Disclaimer: Here is information about share performance only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.