505% Returns in 1 Year: Multibagger PSU to declare FY24 dividend, Q4 results

Cochin Shipyards Share Price: Shares of India’s largest shipbuilding and maintenance company rallied 14 per cent to hit a lifetime record-high mark during intra-day on Tuesday, May 21, three days ahead of announcing its January-March quarter results for fiscal 2023-24 (Q4FY24) results. The leading public-sector undertaking (PSU) will also declare a final dividend for FY24 on Friday, May 24, according to a regulatory filing to the stock exchanges.

 

Cochin Shipyards Q4 Results Date

The defence PSU will announce its Q4FY24 results and a final dividend for FY24 on Friday, May 24. ‘’We wish to inform that a meeting of the board of directors of the company is scheduled to be held on Friday, May 24, 2024 to:

(a) consider and approve the standalone and consolidated audited financial results of the company for the quarter and year ended March 31, 2024; and

(b) consider the recommendation of final dividend to the equity shareholders of the company for the financial year 2023-24,” said Cochin Shipyards last week in a regulatory filing to the stock exchanges.

 

Cochin Shipyards Share Price Trend

Shares of Cochin Shipyards opened at 1,489 and gained 14.95 per cent to hit a fresh 52-week high of 1696.80 before settling 10.30 per cent higher at 1,636.70 apiece on the BSE.

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Published: 21 May 2024, 09:53 PM IST

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