Rajoo Engineers Ltd Share Price: Raju Engineers Limited has given good returns to investors during the last one year. Now the company is once again in the news. This time the company is in the headlines for bonus shares and dividend. The company’s board meeting is going to be held.
The stock of this company is going to be divided into 5 pieces, investors will get 1 free share
Board meeting will be held on June 28
The board meeting of Raju Engineers Limited is going to be held on Friday i.e. 28 June 2024. The main agenda of this meeting is to decide on bonus issue and final dividend for the financial year 2023-24. Let us tell you, earlier this board meeting was going to be held on June 24. Later this was changed. The exchange was informed about this on Saturday.
Dividend was given for the first time in 2002
Dividends have a long history. The company was first traded on the stock exchange as an ex-dividend stock on August 28, 2002. The company last traded ex-dividend on September 15, 2023. At the same time, on September 17, 2009, the shares of the company were traded as ex-split. Then the shares of the company were divided into 10 parts. Let us tell you, till now this company has not given bonus shares.
Raju Engineers Limited has done buyback once. The record date set by the company for this is 31 January 2024.
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Strong returns in stock market
The price of this multibagger stock has increased by 595 percent in the last one year. At the same time, the price of this multibagger stock has increased by 33.30 percent in 6 months. According to Trendlyne data, stock prices have seen an increase of 50 percent in 3 months. Let us tell you, on Friday the company’s shares closed at the level of Rs 307.20 with a rise of 1.45 percent.
On Friday, the company’s shares had reached the level of Rs 310. This is also the 52 week high of the company. The 52 week low level of the company is Rs 41 per share.
