Jindal Worldwide Ltd shares witnessed marginal gain of 0.04% to settle at Rs 337.05 per share on Bombay Stock Exchange (BSE) today. The stock saw steep decline of 28.43% from its 52-week high price of Rs 470.95 apiece, if today’s last trading price of the stock is taken into consideration. Jindal Worldwide shares declined 19.65% in last 2-weeks and gained 458.49% in last 5-years. The company has a market capitalisation of Rs 6,758.54 crore. Its return on equity is 10.31%. Today the company fixed February 28, 2025 as the record date for 4:1 bonus shares after receiving approval of shareholders. Check key details below:
Jindal Worldwide Sets Record Date For Bonus Shares
According to the exchange filing of Jindal Worldwide issued as on February 19, 2025, “this is with reference to the captioned subject, we wish to hereby inform that the Board of Directors has fixed Friday, 28th February, 2025 as the “Record Date” for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company.”
Jindal Worldwide Q3 Results
Jindal Worldwide on Feb 12, 2024 declared its financial results. It announced its net profit at Rs 18.20 crore for the quarter ended December 2024, down 13.2% as compared to Rs 20.97 crore reported in the corresponding quarter of last year. Its net sales declared at Rs 585.88 crore for December 2024 quarter as against Rs 446.24 crore declared in an year ago quarter. The EBITDA of the textile company stood at Rs 41.48 crore for December 2024 quarter, down 2.68% from Rs 42.61 crore in December 2023. Meanwhile, EPS declined to Rs 0.91 for December 2024 quarter from Rs 1.05 in December 2023.
Jindal Worldwide Shares Performance
The 52-week high price of Jindal Worldwide Ltd shares on BSE stood at Rs 470.95 per share (as on 08/01/2025) and 52-week low price is Rs 271.30 per share (as on 14/11/2024), respectively. Jindal Worldwide shares plunged 13.53%, slipped 20.28% year-to-date, and soared over 10% in last 2-years. In last 3-years, the stock surged over 19%.
Jindal Worldwide Dividend History
Jindal Worldwide recommended a total of 20 dividends since September 22, 2005. In last 1-year, Jindal Worldwide announced an equity dividend amounting to Re 0.20 per share. At the current share price of Rs 337.05, Jindal Worldwide offers a dividend yield of 0.06%, according to Trendlyne.
Jindal Worldwide Shareholding
FII/FPI increased holdings from 0.21% to 0.26% for December 2024 quarter. Number of FII/FPI investors surged from 16 to 19 for December 2024 quarter. Mutual Funds have increased holdings from 0.03% to 0.04% for December 2024 quarter.
Why Jindal Worldwide Shares Are Falling?
The stock witnessed declined in last few months due to several factors. The company reported decline in its net profit and EBITDA for December 2024 quarter. The stock has been falling amid the ongoing volatility in the textile market and Indian share markets as BSE Sensex slipped over 5.58% in last 6 months when Jindal too witnessed decline of 5.92% and and BSE consumer discretionary index slip ped 15.69%. The weak growth outlook of the company also reportedly led to decline in the stock.
Disclaimer: The story highlights bonus share and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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