Taparia Tools tip 2023 Record Date Taparia Tools has blazoned to pay a whopping 775 per cent interim tip to its shareholders. Taparia Tools has also fixed the record date for tips. Taparia Tools share price BSE is Rs 12.
Taparia Tools tip 2023, Taparia Tools Share Price BSE Penny stock Taparia Tools has declared a whopping 775 per cent interim tip per equity share to its shareholders. The shares of the small cap company presently trades at Rs 12 on BSE.
According to an exchange form by the company, the company will pay 775 per cent tip per equity share bearing a face value of Rs 10. This translates into Rs77.5 per share.
Taparia Tools tip 2023 Record Date
The company has also fixed the record date for determining the eligibility of the shareholders for the payment of tip. The record date is March 16.
" Considered to pay Interim tip for theF.Y. 2022- 2023@ 775 on its Equity Shares ofRs. 10/- each amounting toRs./- to be paid to those Shareholders whose names appear in the Register of Members on the Record date i.e.16/03/2023."
Taparia Tools tip History
specially, the company has a good record of paying tips to its investors. The company has paid tips of around Rs 250 since December 2021.
Taparia Tools has a request cap of just Rs3.19 crore. The company works in the capital goods assiduity. An ISO- 9001 accredited company, Taparia Tools started manufacturing hand tools in 1969 in specialized collaboration with a Sweden establishment.
The company has a free- pier of around30.35 lakh shares. Around 70 per cent of the total shares are with promoters. The remaining are with the promoters' companies and cousins, according to a Ze Business channel report. It means that nearly 94 per cent of the shares are held with promoters.
In FY2019, the company's profit stood at Rs 471 crore and profit at Rs 24 crore. In FY20, the company's profit was Rs 472 crore while declined to Rs 31 crore. In the coming financial, the profit increased to Rs 536 crore and profit to Rs 48 crore.
Meanwhile, in December 2022, Taparia Tools reported net deals at Rs193.32 crore, an increase of2.37 per cent from Rs188.85 crore in December 2021. The company’s daily net profit stood at Rs19.29 crore in the December quarter as against Rs18.10 crore in the same quarter last financial.