Small cap stocks under Rs 50: Bhatia Communications may consider dividend soon. Details here

Rave News

Stock Market Today: Bhatia Communications & Retail (India) Ltd, a small-cap stock priced below $50, will consider dividends soon.

Bhatia Communications & Retail (India) Ltd. in a press release hinted that the company’s board of directors will meet next week to review the second quarter financial results and the second interim dividend. The company has determined the equity registration date for this dividend payment.

According to a press release, Bhatia Communications & Retail (India) said it has fixed the “record date” for payment of full equity dividend of Re 1/- per share as November 27, 2024. It was announced at the board meeting held on March 13 that it would be eligible to pay an interim dividend.

Bhatia Communications & Retail (India) said in a press release on Wednesday, November 6, that the board meeting will be held on November 13 at 4 pm to consider and approve the standalone unaudited financial results and limited review regarding the same Report.

Bhatia Communications & Retail (India) said the dividend rights will be vested in all beneficial owners once declared, as per details provided by National Securities Depository Ltd and Central Depository Services (India) Ltd as of close of trading on Wednesday, November 27 .

Bhatia Communications & Retail (India) share price is currently $BSE closed at 31.51 on Thursday, higher than the previous closing price $30.80. Bhatia Communications & Retail (India) shares are up nearly 50% year-to-date, delivering impressive gains to investors. Bhatia Communications & Retail (India) shares hit new 52-week high $February 28, 2024 at 38:90.

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