Given Year-To-Date Multibagger Yield, This Pharma Stock Sets Record Dividend Date


With a market valuation of Rs. 30.34 crore, Shukra Pharmaceuticals Ltd. is a small cap company that operates in the pharmaceutical industry. Public Ltd Shukra Pharmaceuticals has well-known production facilities around the world. Since 2017, the company has been manufacturing pharmaceutical products such as tablets, capsules and parenteral products. The company’s board of directors has proposed a final dividend of 5% (0.50 rupees per share with a face value of 10 rupees), subject to shareholder approval at the annual general meeting which took place. follow-up, at their meeting held on May 28. , 2022.

In order to determine the eligibility of shareholders for the purposes of the dividend, the Board of Directors announced the record date. The company said in a regulatory filing that “in accordance with Regulation 42 of the SEBI (Registration and Disclosure Requirements) Regulations, 2015, we hereby give notice that the register of members and the share transfer books of the Company will remain closed from Friday, September 23, 2022 to Thursday, September 29, 2022 (both days inclusive) for the purposes of the Company’s 29th Annual General Meeting and payment of the final dividend. the ‘record date’ to determine members’ entitlement to receive the final dividend for the 2021-22 financial year The final dividend for the 2021-22 financial year, if declared at the 29th AGM, will be paid within the stipulated time, to all members whose names appear on the register of members/beneficial owners of the company at the close of business hours on Thursday, September 22, 2022 as the “date of record”.

Shares of Shukra Pharmaceuticals fell 4.98% from the previous close of 203.95 and closed on Friday at 193.80 each. The stock has produced a multibagger return of 273.05% over the past five years, as well as a multibagger return of 420.97% over the past three years. The stock has returned a multibagger of 147.19% over the past year, and so far in 2022 it has returned a multibagger of 128.13%. The stock has produced a multibagger return over the past six months of 210.83%, but in 1 month it has only gained 10.05%. The stock had hit a 52-week high of 219.80 on (08/30/2022) and a 52 week low of 47.00 on (12/11/2021), indicating that at the last traded price, the stock was trading 11.82% below the high and 312.34% above the low.

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