1.Premco Global Ltd

The company informed in its BSE filing of the payment of the first interim dividend with the statement: “We would like to inform you that the board of directors of the company at its meeting held today, i.e. the 12 August 2022, among others, considered and approved Payment of the 1st Interim Dividend of Rs.2/-per share of Rs.10 each (20%) for the financial year 2022-2023 The 1st Interim Dividend will be paid to shareholders of the company whose name appears on the register of members of the company or in the registers of depositaries as beneficial owners of the shares on Thursday August 25, 2022, which is the record date fixed for this purpose. will be paid to shareholders no later than September 11, 2022.”

Stock market outlook: The current market price of the shares is Rs 442 each with the 52 week high at Rs 567 and the 52 week low at Rs 290 each. The company has a market capitalization of Rs 146 crore. The title gave a return of 340% in 3 years and a negative return of 6% in 1 year.

About the company: Premco is a manufacturer of woven and knitted elastic and non-elastic narrow fabrics, tapes and webbing for use in many industries. We work for our clients to design bespoke custom products, or can offer a range of pre-designed products to suit any requirement. Our goal is to be at the forefront of design and innovation, according to the official website.

2. Surya Roshni Ltd

2. Surya Roshni Ltd

Earlier this year on May 19, 2022, the Board recommended a dividend of Rs. 4.00 per share (i.e. 40% on paid-up share capital) for the financial year 2021-22 subject to approval shareholders at the next Annual General Meeting (AGM) of the Company.

Now, the company has set the record date for the same with the following statement: “Under Regulation 30 of the SEBI (Registration and Disclosure Requirements) Regulations, 2015, the board of directors of the company at its meeting held today, i.e. August 13, 2022, among others, set Friday, September 2, 2022 as the record date for the purposes of determining the entitlement of members to the payment of the dividend for the 2021-22 fiscal year.

Stock market outlook: The current market price of the share is Rs 379 each with a 52 week high of Rs 868 each and a 52 week low of Rs 343 each. The company has a market capitalization of Rs 2063 crore. The title gave a return of 114% in 3 years a negative return of 34% in 1 year.

About the company: Surya Roshni started in 1973 with steel pipe manufacturing and has grown by leaps and bounds to become one of the largest steel pipe and lighting companies in India. With sales of INR 7,731 crore in FY 2021-22, Surya Roshni is one of the largest conglomerates in India, with exports to over 50 countries across the globe. The Surya and Prakash Surya brands are synonymous with quality, innovation and advanced technology, according to its official website.

3. Rashtriya chemicals and fertilizers

3. Rashtriya chemicals and fertilizers

The company has revised its final dividend and in its regulatory filing dated August 12, 2022 said: “The board has recommended a revised final dividend of Rs 2.50 per share of Rs 10/- each (i.e. i.e. 25% on the paid-up share capital) for the financial year ended 31 March 2022, subject to shareholder approval at the next annual general meeting (AGM) (the Company’s board of directors, at its meeting on May 27, 2022, recommended a final dividend of Rs.2.37% per share of Rs.10/- each (i.e. 23.70% on paid up share capital) for the financial year ended 31 March 2022. The final dividend would be paid within 30 days from the date of its declaration at the AGM This final dividend is in addition to the interim dividend of Rs 1.35 per share (i.e. 13.50% paid-up share capital) paid for the 2021-22 financial year.

Stock market outlook: The current market price of the share is Rs 94.20 each. The maximum of 52 weeks is Rs 112 each and the minimum of 52 weeks is Rs 66 each. The company has a market capitalization of Rs 5,196.90 crore. The title gave a return of 107% in 3 years and 24% in 1 year.

About the company: Rashtriya Chemicals and Fertilizers Limited (RCFL) is a leading fertilizer and chemical manufacturing company, approximately 75% of whose shares are owned by the Indian government. The company was granted the coveted “Miniratna” status in 1997. It has two operating units, one at Trombay in Mumbai and the other at Thal in Raigad district, about 100 km from Mumbai, according to its official website.