with a market valuation of 2,439.30 Crore, Sandur Manganese & Iron Ores Limited is a Small Cap Company engaged in Mining and Metallurgical Sector. The firm is one of India’s foremost, diversified and integrated commodity producers. Mining, ferro alloys, power, manganese beneficiation, iron ore, solar energy, and hospitality are all included in the company’s business portfolio. Potential investors should pay attention to the record date that the firm has set for final dividend purposes.
The Board of Directors of the company in a regulatory filing has said that “This is to inform that the record date for the purpose of final dividend of Rs. 5/- per equity share. 10/- each for the year ended 31st March 2022 ( 50%) has been fixed as Wednesday, September 21, 2022. The final dividend as approved by the members in the upcoming 68th Annual General Meeting of the Company shall be paid within 30 days from the date of acceptance.”
Shares of Sandur Manganese & Iron Ors Limited ended in today’s trading session on NSE 905.00 per piece, up 0.87% from yesterday’s close 897.20. A multibagger return and an all-time high of 6,323.00% has been achieved by the stock price, which has risen from 14.09 at current market price as on May 9, 2005. an investment of 1 lakh made in stock 17 years ago would have become now 64.23 lakhs. Over the last 5 years, the stock has generated a multibagger return of 221.97%, which also results in a CAGR of around 26.35%. In the last 1 year, the stock has increased by 39.69% and on YTD basis, the stock has increased by 7.98% so far in 2022. The stock had touched a 52-week high. at 1,700.13 (12/04/2022) and 52-week low of At 537.76 (21/09/2021) it shows that the stock is trading up 46.76% from the high and 68.29% from the low at the current market price.
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