Dividend Stock: The shares of Shri Cement (Shree Cement) saw a boom today. Actually, the company announced the interim dividend for its investors. Its record date is 5 February 2025. In such a situation, investors who shares Shree Cement till this date will be entitled to dividend.
If an investor wants to get a dividend of Rs 50 per share of Mr. Cement, then he has the last chance to buy shares till Tuesday (February 4). Explain that due to the T+1 Settlement Rules of the stock market, if an investor buys shares today (February 4), he will get the share delivery on 5 February. In this way, the investor will become a shareholder by a record date of February 5.
Meanwhile, Mr. Cement’s shares were trading at the BSE at Rs 27718.25 per share on BSE on BSE with a gain of Rs 197.75 or 0.72%. The company’s shares have climbed more than 6% in the last one month. While the stock has fallen 2.62% in the last one year. The 52 week high of the stock is Rs 28,950 and 52 weeks is Rs 23,500.
When will the dividend money be deposited in the account?
In the information given by Mr. Cement to the stock exchange, an interim dividend of Rs 50 per share will be given for the financial year 2024-25. A record date for this has been fixed on 5 February 2025. At the same time, the dividend will be paid on 17 February 2025.
How to be the Q3 results of Shri Cement?
Mr. Cement released its third quarter results last week. The company said that its profits had declined. For this, the company has cited weak prices and weak activities in terms of season. The company’s consolidate net profit fell by 72.5 percent to Rs 193 crore in the company’s quarter ended December 31. The total revenue from the operation also declined by 12 percent to Rs 4,573 crore in the December quarter.
However, the market -leading market -based company Ultratech and its nearest rival companies, Adani Group owned Ambuja and ACC, benefited, as their acquisition helped to increase sales.