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
Advertisement
Advertisement