Shares of small cap company Taparia Tools have seen a gain of 200 per cent in the last one year. The company had announced an interim dividend for its customers along with the results for the quarter ended September 2024. The share price of the company is Rs 8.76 but the company had announced an interim dividend of Rs 25 per share or 250 per cent. Taparia Tools has fixed November 29, 2024 as the record date.
The small cap company had earlier announced a final dividend of Rs 20 and an interim dividend of Rs 20 per share. In the year 2023, the company had announced a final dividend of Rs 77.50 per share, with a record date of June 26, 2023. The company started manufacturing hand tools in India in 1969 in technical collaboration with a reputed Swedish company. Quarterly results The company's profit for the July-September 2024 quarter stood at Rs 3,075.67 crore, as against Rs 2,364.97 crore in the same period a year ago. During this period, the total income of Tapadia Tools stood at Rs 22,674.98 crore, as against Rs 21,071.06 crore in the July-September 2023 quarter.
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