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Action can be seen in the stock of government company Mishra Dhatu Nigam Limited on Thursday. The company shared important information about its dividend today. After the market closed, the company said that the dividend will be considered in the company's board meeting next week. Along with this, the company has also fixed the record date for the dividend. The stock of the company included in BSE 500 closed with a gain of more than one percent on Wednesday. Last month, ICICI Direct had issued a buy advice in the stock. According to the advice, the stock is still expected to rise by more than 40 percent.
What information has the company given?
In the information sent to the stock market, the company said that its board of directors meeting is to be held on Thursday, March 20, 2025. In this meeting, the board will consider the interim dividend for the current financial year and can announce it. The company said that the record date for the dividend will be March 25, 2025. The company had earlier given a dividend of Rs 1.41 with an ex-date of March 22, 2024. At the same time, a final dividend of Rs 1.67 was given on 22 September 2023. How was the stock performance? In Wednesday's trading, the stock of Mishra Dhatu Nigam closed at 265 with a gain of 1.5 percent. The stock has fallen more than 21 percent so far in the year 2025. At the same time, the stock has fallen by more than 32 percent in one year.
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