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HomeBusinessMultibagger Stock Update: This stock got a bumper return of 35609%, announced...

Multibagger Stock Update: This stock got a bumper return of 35609%, announced 175% dividend

Multibagger Stock in India : If you guys invest money in share market. Earn a lot from the stock market. Let us tell you that Astral Limited, a company that makes CPVC pipe, has made its investors happy. The stock of this company has given a profit of 35,609% to the investors.

Returns given of 35,609%
The company manufacturing CPVC pipes is Astral Ltd. The stock of Astral Limited has given a return of 35,609% to the positional investors so far since its debut in the market. At the same time, now the company has announced a dividend of 175%. The company had entered the stock market with a share of just Rs 5.57, whereas in today’s date this share has reached about Rs 2000.

Dividend recommendation
The Astral Ltd company says that the company has been recommended to pay a dividend of Rs 1.75 on the face value of Re 1 for 2021-22. This dividend is around 175%. The 5th Annual General Meeting of the company is on 5th September. After this meeting, this dividend will be given to the shareholders. The company has set a record date for this on 22 August 2022.

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Shares registered a jump
Let us inform that the shares of Astral Limited Company closed at Rs 1989 with a jump of 1.31%. In the year 2007, when the company made its debut in the stock market, its share price was only Rs 5.57. Now this share has reached 1989 Rs. The company’s multibagger stock has given returns of 35,609.16% to the investors. The company’s market cap is Rs 40,076.74 crore. The company’s stock has gained 16.95% in the last month.

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