Premco Global Limited, a small-cap company with a market share of Rs. 146.32 crores who work in the textile industry. Premco manufactures woven and knitted elastic and non-elastic narrow fabrics, tape and webbing, for use in a variety of industries. The company specializes in manufacturing jacquard elastic tape for use in making undergarments. The Board of Directors of the Company has disclosed the record date for payment of the first Interim Dividend of Rs. 2 per share Rs. 10 each (20%) for the financial year 2022-2023.
The company in a regulatory filing said that “In accordance with Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we would like to inform you that at the meeting of the Board of Directors of the Company held today i.e. on the 12th August, 2022 has been considered and accepted, inter alia: Payment of first interim dividend of Rs.2/- per share for the financial year 2022-2023 of Rs.10 (20%) each. , shall be paid to the equity shareholders of the company whose name appears in the register of members of the company or in the record of the depository as the beneficial owners of the shares as on Thursday, the 25th August, 2022, as decided for the purpose The record date is. Interim dividend will be paid to the shareholders on or before September 11, 2022.”
Shares of Premco Global Limited ended trading on Friday 442.05 per share, down 2.97% from the previous close. share price increased 5 per share at the current price level as of 9 July 2002, which is an all-time high return of 8,741.00% and a multibagger return. The stock has fallen 2.85% over the past five years and 11.84% during the past year. The stock has dropped 10.19% YTD so far in 2022. The stock has lost 2.63% in price during the past six months. Though the stock has gained 36.02% in the past one month, it has fallen 4.52% during the last five trading sessions. The stock touched a 52-week high on the BSE 52-week low of 567.00 on 07/10/2021 290.55 on 27/05/2022 which indicates that at current price level the stock is trading 22.03% below 52-week high and 52.14% above 52-week low.
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