Amazing! This company is distributing dividend of Rs 40 on 1 share, investors’ houses will be filled with notes on record date.

Business News Desk – This is a big opportunity for investors betting on dividend paying companies. Excellia Solutions India Limited is going to trade as an ex-dividend stock next week. The company will pay a dividend of Rs 40 per share. Excellia Solutions India Limited is going to trade as an ex-dividend stock for the second time this year.

When is the record date?
The company has informed the stock markets that a dividend of Rs 40 will be given on one share. For this dividend, the company will pay dividend on 4th October 2024 i.e. Friday. That means only investors holding shares of the company on this day will get the benefit of dividend. Excellia Solutions India Limited had previously traded ex-dividend on January 29. Then the company had given a dividend of Rs 25 per share. The company paid dividends for the first time in 2007.

How is the company’s performance in the stock market?
During the last one year, the share prices of the company have seen an increase of 16 percent. At the same time, the share price has increased by more than 7 percent in 6 months. The price of this share has increased by 3.5 percent in the last one month. The company’s 52-week high in BSE is Rs 2128.25. The lowest level of 52 weeks of the company is Rs 1308.80. The market cap of Excelya Solutions India Limited is Rs 2759.42 crore. The promoters’ stake in this company is 74.66 percent. Whereas the public share is 24.41 percent. At the same time, the share of FIIs has decreased in the June quarter. Till 30, his total stake was 0.28 percent. Whereas before this, their total stake in the April quarter was 0.39 percent.