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Rajratan Global Wire Announces ₹2 Final Dividend for FY 2025 With High Market Performance


Updated: April 21, 2025 21:37

Image Source: Religare Broking
Rajratan Global Wire Ltd has declared a final dividend of ₹2 per share for FY 2025, in line with its consistent dividend record. The news indicates the solid financial standing of the company, reaffirming its dedication to shareholder return.
 
Main Points
Dividend Announcement: The board has recommended a ₹2 per equity share final dividend, pending approval in the forthcoming Annual General Meeting (AGM).
Regular Payments: Rajratan has practiced a consistent dividend practice, earlier announcing similar payments in FY 2024, FY 2023, and FY 2022.
Share Performance: The stock of the company has provided multibagger returns, with a return of 975% in five years.
Industry Leadership: Rajratan is India's best bead wire manufacturer, supplying big tyre majors such as MRF, Apollo, and CEAT.
Investor Sentiment: It's recommended by analysts that Rajratan's dividend yield and growth pattern make it a good long-term investment.
 
Through this dividend suggestion, Rajratan Global Wire continues to pay dividends to its shareholders, re-establishing itself as a stable and profitable automobile ancillary firm.
 
Source: ET Now, Moneycontrol, Trendlyne

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