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FII-Backed Small Cap Set To Consider Dividend, Bonus Share On May 24, Shares Jump 39.55%

FII-Backed Small Cap Set To Consider Dividend, Bonus Share On May 24, Shares Jump 39.55%

IFGL Refractories share price today surged 6.33% on Bombay Stock Exchange (BSE) to Rs 485.15 per share. The company informed today about its upcoming meeting of Board of Directors scheduled to be held on May 24, 2025 to consider financial results. It will also consider the proposal of bonus share and dividend on May 24, 2024. If the company declares bonus share on May 24, 2024, it will be its maiden bonus issue. The stock witnessed stunning rally of 32.12% in last 1-week and surged 39.55% in last 2-weeks when Sensex rallied 3.62% and 2.27%, respectively. Meanwhile, the company’s market cap stood at Rs 1,748.45 crore. Its return on equity stood at 8.37%. FII/FPI reduced holdings from 0.13% to 0.12% for March 2025 quarter. Check more details below:

IFGL Refractories To Consider Financial Results, Dividend, Bonus Share

According to the exchange filing of the company dated May 16, 2025, β€œA meeting of the Board of Directors of the Company is scheduled to be held on Saturday, 24th May, 2025 inter alia to consider the following:

FII-Backed Small Cap Set To Consider Dividend, Bonus Share On May 24, Shares Jump 39.55%

a) To approve Audited Statement of Accounts, both on stand-alone and consolidated basis, for Financial Year ended on 31st March, 2025;

b) To recommend, payment of Final Dividend, if any, for FY 2024-25;

c) To recommend issuance of Bonus Shares.”

IFGL Refractories Dividend History

The company announced 10 dividends since December 14, 2017. In last 1-year, IFGL Refractories announced an equity dividend of Rs 13.00 per share. It maintains a dividend yield of 2.68%.

IFGL Refractories Bonus Share History

The company never recommended any bonus share till date.

IFGL Refractories Shares Performance

The 52-week high price of IFGL Refractories shares on BSE stood at Rs 750.00 per share (as on 18/05/2024) and 52-week low price is Rs 327.45 per share (as on 03/03/2025), respectively. IFGL Refractories shares plunged 29.8% in last 1-year, gained 82.11% in last 2-years, and soared 87.21% in last 3-years. In last 5-years, the stock surged 400.67%.

IFGL Refractories Financials Compared With Peers

The company for the December 2024 quarter declared the profit after tax (PAT) at Rs 5.02 crore. In comparison, RHM announced a PAT of Rs 56.18 crore, HEG announced a PAT of Rs 98.32 crore, and ORIENTCER announced its PAT of 2.40 crore, according to BSE data.

Disclaimer: The story highlights bonus share and should not be considered as investment advice by the Moneydaily.in or the Author.Β  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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