With a market capitalization of Rs. 39,656.40 Crore, Gujarat Fluorochemicals Limited is a large-cap company dealing with the chemical industry. Gujarat Fluorochemicals Limited (GFL), a chemical company based in India, has over 30 years of experience in the business of specialty chemicals, fluoropolymers and fluorospecialties. Gujarat Fluorochemicals Limited (GFL), headquartered in Noida, India, is a subsidiary of the InoxGFL Group, a commercial conglomerate with extensive operations in the areas of fluoropolymers, specialty chemicals, wind power and renewable energy. With three manufacturing sites in India, a company-owned Fluorspar mine in Morocco and storage facilities in Europe and the USA, GFL is a globally renowned partner in the fluoropolymer and fluorospecialty sectors.
The board of directors of the firm sets the record for ascertaining the eligibility of shareholders for equity dividend. 2 per share, or 200%, with face value 1 to each. The company said in a regulatory filing that “In accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform you that the company has laid down on Thursday, 22 September 2022 as the “record date” for the purpose of determining the eligible members to receive the final dividend 2/- i.e. @ 200% per equity share of face value 1 each for the financial year ending 31 March 2022. The said final dividend, if declared by the shareholders in the ensuing Annual General Meeting, shall be paid within the stipulated time subject to deduction of tax at source.
Gujarat Fluorochemicals Limited shares closed trading on NSE today 3,615.00 per piece, up 5.69% from previous close 3,420.45. The stock has given a multibagger return of 402.50% in the last five years and a multibagger return of 382% during the last three years. The stock’s multibagger return for the previous year was 112.98%, and its year-over-year (YTD) profit for 2022 is 45.88%. On NSE, the stock had touched a 52-week high (August 16-22) 52-week low of 3,685.00 and 1,630.90 (09-Sep-2021) indicates that the stock is trading down 1.89% from the high and up 121.65% from the low at the current market price.
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