Small cap company Banco Products has released its December quarter results. Along with the results, the company has also announced to give dividend to its investors. The impact of the company's results and dividend announcement can be seen on the stock in the next session. In Friday's trading, the stock closed at 461 with a decline of 1.8 percent.

What information has the company given on dividend?

In the information sent to the stock market, the company said that the company has announced a dividend of 550 percent i.e. Rs 11 per share on a share with a face value of Rs 2. According to the company, the record date for payment of dividend has been fixed as 14 February 2025. According to the company, the dividend will be paid on or after 25 February. How were the quarterly results? The total consolidated income of the company has increased from Rs 582.48 crore to Rs 644.34 crore. At the same time, the total expenses of the company increased from Rs 501.97 crore to Rs 605.4 crore. At the same time, the profit of the company has been around Rs 31 crore, which was Rs 68 crore a year ago. How was the performance of the stock? In Friday's trading, the stock was at the level of 461 with a decline of 1.7 percent. The highest level of the stock for the year is 595 and the lowest level of the year is 253. A year ago, the stock was below the level of 350. That is, the stock has increased by about 32 percent in a year, while the stock has increased by 82 percent compared to the low level of the year. However, the stock is down by 22 percent compared to the upper levels.