A small cap firm with a market valuation of Rs. 50.13 Crore who works in packaging industry is B&A Packaging India Limited. B&A Packaging India Limited is a manufacturer of paper sacks and flexible laminates with headquarters in Kolkata, West Bengal and a plant in Balasore, Orissa. The company manufactures 1.5 million paper bags and 180 million tonnes of flexible laminates every month, making it one of the top manufacturers of these products in India. The firm can use its blown film facility to produce another 75 MT of three-layer film. For the financial year ended March 31, 2022, the Board of Directors of the company has proposed a final dividend of Rs. 1.50 per equity share. 10 Fully paid by the company.
In order to determine the eligibility of shareholders for the purpose of dividends, the Board of Directors said in a regulatory filing that “Please note that the Company has set Thursday, 25 August 2022 as the record date for the purpose of recognizing members who Final dividend to be paid for the financial year ended 31st March 2022.
The stock will commence trading ex-dividend on August 24, 2022, as per BSE data, as ex-dividend occurs a day before the record date for corporate activities. Shares of B&A Packaging India Limited on Friday closed at Rs. 230.00 per share, up 0.79% from the previous close of Rs. 228.20. share price has gone up 2.62 as on 25 January 2019, at the current market price during the last five years, represents a multibagger return and an all-time high of 8,678.63%. This return also generates an estimated CAGR of 158.31%. So, if an investor had invested Rs. 1 lakh in B&A Packaging India shares five years ago, now it is worth Rs. 87.78 lakhs. In the last 1 year, the stock has fallen 1.58% and on YTD basis, the stock has fallen 14.66% so far in 2022. On BSE, the stock had touched a 52-week high. at 355.40 (12/01/2022) and 52-week low of 152.00 on (21/06/2022) which means at current market price At 230, the stock is trading down 35.28% from the high and up 51.31% from the low.
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