DSIJ Mindshare

Multibagger PSU company likely to announce bonus shares, stock split, dividend & buyback!

The stock gave multibagger returns of 140 per cent in just 1 year whereas the BSE Sensex Index was up by 18 per cent in the same period.

Kiran Shroff 0 6735 Article rating: 3.9

The company has a market cap of over Rs 5,000 crore and has been maintaining a healthy dividend payout of 80.2 per cent.

1:2 Bonus issue announcement: Turnaround story as Maharatna PSU company posts stellar profits with 165 per cent dividend!

The Board of Directors announced issuing bonus shares in the ratio of 1:2, meaning one new bonus equity share of Rs 10 each will be issued for every two existing fully paid-up equity shares.

Rakesh Deshmukh 0 33744 Article rating: 4.3

After experiencing losses last year, the company has now posted a net profit and announce bonus shares and dividends for shareholders.

Rs 4,225 crore of dividend announced by Vedanta’s flagship company; government owns 29.5 per cent stake in the company!

In FY24, the company achieved its second-highest annual consolidated revenue, this was accompanied by the second-highest annual EBITDA.

Rakesh Deshmukh 0 7958 Article rating: 3.9

The Government, which also holds a 29.5 per cent stake in Hindustan Zinc, will also receive a payout of Rs 1,247 crore.

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