With CAGR return of 33%, this pharma stock sets record date for dividend

Small-cap firm RPG Life Sciences Ltd., whose market cap is 919 crores, deals in the pharmaceutical industry. A division of RPG Enterprises, RPG Life Sciences is a diversified pharmaceutical company operating in both domestic and overseas markets. More than 70,000 physicians in 52 countries use RPG Life Sciences products for more than 10 therapeutics. The company’s product range covers more than 10 medical categories including nephrology, oncology, urology and respiratory care. For the financial year ended March 31, 2022, the firm declared to pay a final dividend of Rs. 9.60 per equity share, subject to approval by the members at the subsequent AGM, which will be held on Friday, July 29, 2022. The firm has set Friday, July 15, 2022 as the record date for the dividend to ascertain the eligibility of the shareholders to receive the dividend, whose dividend value will be 120% with the face value 8. Dividend Yield at Current Share Price of 556.15 is 1.71 percent.

“The dividend, if approved at the ensuing AGM, shall be paid within 30 days to the members whose names have been entered in the register of members of the company and/or the register of beneficial owners maintained by the depository as on the record date The company has said in a BSE exchange filing.

Shares of RPG Life Sciences Ltd on the NSE on Friday closed at Rs. 560, down from its previous close of Rs. 560.25 0.045 percent. share price gone 446.90 to the current level of the previous year as on July 5, 2021, representing a return of 25.31 per cent and a CAGR of around 25.56 per cent at that time. How the stock has evolved over the past three years has gone from Rs. 234.85, as on 4th July 2019, at current levels, represents an estimated CAGR of 33.76 per cent and multibagger returns of 116%.

The stock has declined 8.53 per cent year-on-year (YTD), but has gained 11.90 per cent during the last month. The stock gained 0.67 percent during the last five trading sessions, and as of last trading price, it is currently trading above the 20-day, 50-day and 100-day moving averages but below the 5-day and 200-day moving averages. Is. -day moving average. The stock is trading above the 5-day, 10-day, 20-day, 50-day, 100-day and 200-day Exponential Moving Averages (EMA). 560. Share . reached a 52-week high 752.45 on September 21, 2021 and 52-week low of 441.00 on July 1, 2021, which means that the stock’s current price is 25.57 percent below the 52-week high and 26.98 percent above the 52-week low.

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