Chemical company Sharda Cropchem Ltd., with a market capitalization of Rs. 5,582 crore, is engaged in Pesticides/Agro-chemical industry. The company is a leading multinational agrochemical company engaged in the business of auxiliary chemicals for protection of crops. In the agrochemical industry, its product line includes formulas and common active ingredients for the fungicide, herbicide and pesticide segments, according to Sharda Cropchem’s website. The company’s board recommended the final dividend for the financial year 2021-22 3 per equity share of face value 10. For dividend purposes, the company has recently fixed a record date for determining the eligibility of shareholders.
The company, in its exchange filing, said that “the company has set Tuesday, July 26, 2022 as the “record date” for determining the eligibility of members to receive the final dividend for the financial year ended March 31, 2022. We request you to take the same on record.”
Today’s closing price of the shares of Sharda Cropchem was 615, down 2.70 per cent from yesterday’s close 632.05. On NSE, the stock has given a return of 70.95 per cent over the previous year, and so far in 2022, it has grown 72.85 per cent year-on-year (YTD). The company has given 72.85 per cent return to shareholders in the last six months, but has declined by 15.55 per cent in the last one month. Shares hit 52-week high A 52-week low of 769.15 and was recorded on the NSE on 24 May 2022 285.65, as on August 24, 2021, shows that the stock is trading 20% below 52-week highs and 115% above 52-week lows at current levels. The stock is trading above the 200-day and 5-day moving averages, but below the 20-day, 50-day and 100-day moving averages as of today’s closing price. Dolly Khanna, an expert investor, holds 12,43,710 shares or 1.38 per cent stake in the company as of the close of the current quarter in March 2022.