Published Aug 27, 2022
3 mins read
500 words
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Do You Own This Multibagger Stock Going To Give A 450% Dividend Soon?

Published Aug 27, 2022
3 mins read
500 words

AIA Engineering Ltd is a massive Cap business enterprise having a marketplace cap of ₹23,996.05 Crore working withinside the commercial sector. The corporation specializes withinside the design, development, production, installation, and protection of excessive chromium wear, corrosion, and abrasion-resistant castings used withinside the cement, mining, and thermal electricity era sectors. Vega Industries is a completely owned subsidiary of the business enterprise and currently, AIA Engineering Ltd operates withinside the 4 enterprise sectors along with cement, mining, electricity, and aggregates.

As according to the information to be had at the BSE, the corporation has introduced a very last dividend of 450% at a face fee of ₹2.00 according to proportion or ₹nine according to proportion dividend for the monetary yr finishing March 2022. For the cause of the same, the Board of Directors have constant 12/09/2022 because the report date and the inventory shall change ex-dividend on 02 September 2022.

We hereby knowledgeable you that the Company has determined to keep the thirty second Annual General Meeting of the Company on Monday, twelfth September, 2022 via Video Conferencing/Other Audio Visual Means according with the applicable circulars issued through Ministry of Corporate Affairs and Securities and Exchange Board of India. Please in addition take word that Register of Members & Share Transfer Book of the Company will continue to be closed from Tuesday, September 6, 2022 to Monday, September 12, 2022 (each days inclusive) for the reason of charge of Dividend and Annual General Meeting of the Company. The Dividend amount, if declared through the shareholders at Annual General Meeting, is proposed to be paid/dispatched on or earlier than October 11, 2022," the Board of Directors stated in BSE filing.

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The shares of AIA Engineering Ltd closed these days on the NSE at ₹2,549.00 apiece, down by 1.71% from the previous shut of ₹2,593.35 per share. The stock value has up from ₹113.72 as of sixteenth December 2005 to the present indicator that logs associate exceedingly|in a very} multibagger come back and an incomparable high of two,141.47%. within the last five years, the stock has gained ninety three.82% and 31.87% within the last one year. On a YTD basis, the stock has gained thirty seven.36% up to now in 2022. On the NSE the stock had touched a 52-week-high of ₹2,654.10 on (11-August-2022) and a 52-week-low of ₹1,475.05 on (07-March-2022) indicating that at the present indicator the stock is commercialism three.95% below the high and seventy two.80% on top of the low.

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