Taparia Tools Recommends Rs 20 per Share Final Dividend for FY24
Taparia Tools, a smallcap firm specializing in hand tools, has proposed a final dividend of Rs 20 per share for the financial year ending March 2024. The ex-dividend date is set for July 22, 2024. A dividend represents a cash reward distributed by a company to its shareholders from its profits. After the ex-dividend date, the stock trade no longer includes the right to receive the recently declared dividend.
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Taparia Tools
Tapara Tools’ current market price per share is Rs 4.27, with a face value of Rs 10 each. Over the past year, its stock has ranged from a high of Rs 4.27 to a low of Rs 2.10 per share.
In FY24, Taparia Tools reported a revenue of Rs 828.53 crore, achieving a net profit of Rs 99.77 crore. The company’s earnings per share (EPS) for the fiscal year stood at Rs 65.73 per share, indicating its profitability per outstanding share.
As per BSE analytics, Taparia Tools currently holds a market capitalization of Rs 6.48 crore. Founded in 1969 in India, the company began its operations in hand tool manufacturing through a technical collaboration with a renowned Swedish firm.
