In the information technology industry, Hinduja Global Solutions Limited is a mid-cap company with a market valuation of Rs. 5,674.53 crore. The company is a global leader in Business Process Management, Digital Transformation and Customer Experience Lifecycle. In the 2022 Gartner® Magic Quadrant™ for Customer Service BPO, HGS is positioned as a leader. The Board of Directors of the firm has set a record date to ascertain the eligibility of shareholders for dividend payment for an interim dividend of 50% for the financial year 2022-2023.
The company has fixed August 25, 2022 as the record date for determining the members eligible for interim dividend for the financial year 2022–2023 (FY 2022–2023).
“The Board of Directors in its meeting held on 12th August, 2022 has declared an interim dividend of Rs.5 per equity share for the financial year 2022-23. The said dividend of Rs.5 per share will be paid to the eligible shareholders of the company. 9 on or before September, 2022,” the company said in a regulatory filing.
Shares of Hinduja Global Solutions Ltd closed on Friday 1,345.75 each, down 0.69% from the previous close. share price climbed 253.20 on Aug 18, 2017, at the level now, representing a multibagger return of 431.50% over the last 5 years. The stock has lost 15.16 per cent in the past one year, and has fallen 18.73 per cent YTD so far in 2022. In the last 6 months, the stock has gained 7.19% and 1.72% in the last 1 month. The stock has gained 1.25% in the last 5 trading sessions. Total trading volume stood at 194,870 shares, compared to a 20-day average of 145,572 shares on Friday. The stock touched a 52-week high on the NSE 3,920.00 and 52-week low of 04-Jan-2022 846.00 on 13-May-2022 which indicates that at current price level the stock is trading 65.66% below 52-week high and 59% above 52-week low.
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