Chemical firm Sharda Cropchem Ltd, with a market capitalization of Rs. 5,582 crore, is engaged within the pesticides/agrochemicals business. The corporate is a significant multinational agrochemical firm, offers in chemical compounds which can be useful for shielding crops. Within the agrochemical business, its product line contains formulations and generic energetic components for the fungicide, herbicide, and insecticide segments as per the web site of Sharda Cropchem. For the monetary 12 months 2021-22, the Board of the corporate really helpful a remaining dividend of ₹3 per fairness share of face worth of ₹10. For the aim of dividend, the corporate has just lately mounted a document date with a purpose to decide the eligibility of the shareholders.
The corporate has mentioned in its alternate submitting that “The Firm has mounted Tuesday, twenty sixth July, 2022 because the “File Date” for figuring out eligibility of members entitled to obtain remaining dividend for the monetary 12 months ended thirty first March, 2022. We request you to take the identical on document.”
In the present day’s closing worth for Sharda Cropchem shares was ₹615, down 2.70 per cent from yesterday’s shut of ₹632.05. On the NSE, the inventory has produced a return of 70.95 per cent over the past 12 months, and to date in 2022, it has gained by 72.85 per cent year-to-date (YTD). The corporate has returned 72.85% to shareholders over the previous six months, but it surely has fallen 15.55 per cent in the course of the previous month. The inventory reached a 52-week excessive of ₹769.15 on the NSE on twenty fourth Might 2022 and recorded a 52-week low of ₹285.65 on twenty fourth August 2021, suggesting that on the present stage the inventory is buying and selling 20% under the 52-week excessive and 115% above the 52-week low. The inventory is buying and selling above the 200-day and 5-day transferring averages, however under the 20-day, 50-day, and 100-day transferring averages, based mostly on right this moment’s closing worth. Dolly Khanna, an knowledgeable investor, owns 12,43,710 shares, or a 1.38 per cent stake within the firm as of the conclusion of the present quarter in March 2022.
Supply: Live Mint