Curated By: Business Desk
Last Updated: February 12, 2024, 16:05 IST
DISA India’s share value was Rs 15,000.05 because the market closed on Monday.
DISA (*100*) has accredited the primary interim dividend of a whopping Rs 100 per share (1,000 per cent) with a face worth of Rs 10 every for the monetary yr 2023–24.
As extra persons are turning into conscious of economic administration, they’re additionally gaining extra data about investing their cash in the precise locations. Mostly, individuals spend money on fastened deposits (FDs), mutual funds, actual property, gold and inventory markets. The inventory market is among the many hottest methods of investing cash. However, it is very important do full analysis earlier than investing cash in shares, because the share market is kind of unstable. Now, it has been discovered that an organization will give a dividend on each share that’s held or purchased by traders.
According to studies, the identify of the corporate is DISA (*100*), which is a equipment trade firm. It has been discovered that the corporate has accredited the primary interim dividend of a whopping Rs 100 per share (1,000 per cent) with a face worth of Rs 10 every for the monetary yr 2023–24. This signifies that Rs 100 additional per share might be given to traders. To make the most of this profit, traders must make investments earlier than the ex-dividend date. Reportedly, the corporate has fastened February 16 because the document date for dividends. Only these traders who purchase earlier than this present day will get the good thing about the dividend.
As per studies, DISA (*100*) has been giving dividends to its traders since 2003. Last yr, it gave an interim dividend of Rs 100 and a last dividend of Rs 10. This yr, the dividends might be paid to the traders on March 6.
It has additionally been discovered that DISA (*100*) made a revenue of greater than Rs 5.50 crore within the October-December quarter. This revenue has been 185 per cent increased on an annual foundation in comparison with the identical quarter of the final monetary yr. The firm’s income from operations elevated from Rs 50.2 crore to Rs 59 crore.
The DISA (*100*) inventory’s efficiency has been improbable within the final 5 years, with a return of 152.36 per cent. Currently, the inventory is priced at Rs 15,000.05 because the market closed on Monday at 3.30 pm. The share has elevated by 93.40 per cent within the final yr.
