With an all-time high of 7,858%, Multibagger stock sets record date for dividend

with market valuation of 42.71 Crore, ASM Technologies Limited is a Small-cap company dealing in Software IT industry. Apart from USA, Singapore, UK, Canada, Mexico and Japan, the firm has presence in India. The company provides top-notch consulting and product development services in the areas of engineering services and product R&D, and has productive offshore development and support centers in India and other countries for its international clients. The Board has declared an interim dividend of Rs. 1.00 per equity share. 10 each. A record date is set by the firm’s board of directors to determine the eligibility of shareholders for this purpose.

The company in a regulatory filing said that “The Board has declared an interim dividend of Rs.1.00/- per equity share of Rs.10/- each, for the year 2022-2023. The dividend shall be paid on or before September 5, 2022. In view of the interim dividend declared for the year 2022-2023, Wednesday, August 17, 2022 has been fixed as the record date.”

On Friday, the stock market opened with a price 527 and closed by hitting its upper circuit limit 552.35 with an upside gap of 10.00%. A total of 27,844 shares were traded, higher than the 20-day average of 6,312 shares. Shares of ASM Technologies Ltd. is up 6.94 to the current price level as on July 14, 1995 552.35 as of Aug 5, 3:30 PM IST, resulting in an all-time high and multibagger returns of 7,858.93%. The stock has grown in value over the past five years 47.76 as on August 11, 2017, at the current price level, represents a multibagger return of 1,056.51 percent. The stock has given a multibagger return of 121.82% in the last 1 year and has fallen 24.93% so far in 2022 based on YTD.

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