SUMMARY

Taparia Tools Limited has announced its fourth quarter results, revealing a surprising dividend payout for its investors. The company has declared a dividend of Rs 77 on a share price of Rs 10.50.

Record Dividend Payouts for Taparia Tools Limited Investors

Taparia Tools Limited has announced its fourth quarter results, and investors are in for a pleasant surprise. The company has declared a dividend of Rs 77 on a share price of Rs 10.50, which is a record dividend payout of 775%. This is a significant increase from the previous year’s dividend of Rs 48 per share.

The company’s filing with the Bombay Stock Exchange (BSE) revealed this information, which has been met with excitement from investors. With this announcement, the company has become a popular choice for investors looking for high dividend yields.

Taparia Tools Limited is a well-known manufacturer of hand tools, power tools, and industrial tools. The company has a strong presence in the Indian market and is known for its quality products. It has a diverse product range that caters to various industries, including automotive, construction, and engineering.

The company’s dividend payout is a testament to its financial strength, and it indicates that the company is confident in its future prospects. The announcement has also boosted investor confidence in the company, with many investors increasing their holdings in the company.

Taparia Tools Limited’s decision to pay a record dividend comes at a time when the Indian economy is recovering from the impact of the COVID-19 pandemic. The move is expected to provide a much-needed boost to the economy, as investors will have more money to invest in other sectors.

In conclusion, Taparia Tools Limited’s announcement of its record dividend payout has been met with excitement from investors. The company’s financial strength and future prospects are reflected in this decision, and it is expected to provide a boost to the Indian economy.

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Company gave dividend of 77 rupees on share bought for 11 rupees, multiplied by 7.

Superfast News Coverage by DelhiBreakings.com team.

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