DelhiDesk TVS Electronics, India’s leading manufacturer of electronic goods and warranty services, has set a record date for its recommended final dividend of Rs 2 per equity share of face value of Rs 10 each for the financial year ending March 31, 2023. The dividend will be paid within 30 days from the date of approval of the shareholders in the forthcoming Annual General Meeting to be held on August 5, 2023. The company has reported a total income of Rs 85.11 crore in the financial year ending March 31, 2023, which is 4.22% lower than the previous year. The stock of TVS Electronics has given a return of 444% to its investors in the last 3 years, but it fell by 5% on Friday and closed at Rs 367 on the NSE.
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👉 Small-Cap Electronics Company TVS Electronics sets record date for dividend
👉 TVS Electronics is India’s leading manufacturer of electronic goods and warranty services
👉 The stock has given a handsome return of 444% to investors in the last 3 years
👉 TVS Electronics shares fell by 5% on Friday, closing at Rs 367 on the NSE
👉 TVS Electronics has a market cap of Rs 685.87 crore
👉 Board recommends final dividend of Rs 2 per equity share for FY23
👉 Dividend will be paid within 30 days from approval of shareholders in AGM on August 5, 2023
👉 Record date for dividend is July 29, 2023
👉 Total income for FY23 is Rs 85.11 crore, a 4.22% decrease from FY22
👉 Q4FY23 net profit is Rs 1.51 crore, a decline of 66.37% from Q4FY22
👉 TVS Electronics has given 28% return to investors in the last 6 months
👉 Shares have gained 25% so far this year and 64% in the last one year
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