Miniratna public sector undertaking MSTC Ltd share price ended 0.82% lower to Rs 514.50 per share on Bombay Stock Exchange (BSE) as Sensex slipped 728.69 points to 77,288.50 on Wednesday. The company today recommended 3rd interim dividend of 45% or Rs 4.50 per equity share of the face value of Rs 10.00 each. Earlier this year on Feb 10, the PSU announced highest dividend in its history at Rs 32.00 per equity share with ex-dividend date fixed as Feb 14, 2025. MSTC share price gained 12.67% in last 2-weeks when Sensex soared 4.40% and BSE Services index rose 5.24%. The company’s market capitalisation stood at Rs 3,622.08 crore and return on equity at 49.80%. Check more details below:
MSTC Declares Interim Dividend
According to the exchange filing of MSTC dated March 26, 2025, “We would like to inform you that the Board of Directors of MSTC Limited at its meeting held today i.e. on 26th March, 2025 inter alia declared 3rd Interim Dividend @ 45% i.e. Rs. 4.50 per equity share of face value of Rs.10/- each for the financial year 2024-25. The interim dividend shall be paid within 30 days from the date of its declaration.”
Sets Record Date For 3rd Interim Dividend: The exchange filing added, “As per Regulation 42 of the listing regulations the Board has also fixed 2nd April, 2025 as the “record date” for the purpose of ascertaining the eligibility of shareholders for payment of such Interim Dividend. The dividend will be credited to the account of the shareholders or the dividend warrant in respect thereof will be dispatched within 30 days from the date of its declaration.”
MSTC Dividend History
The company recommended a total of 13 dividends since 2020. In last 1-year, MSTC announced an equity dividend amounting to Rs 41.00 per share. At the current share price of Rs 514.50, MSTC offers a dividend yield of 7.97%, according to Trendlyne.
MSTC Recommended Highest Ever Dividend In Feb 2025
As per the exchange filing of the company dated February 10, 2025, Board of the PSU declared 2nd Interim Dividend @ 320% i.e. Rs. 32 per equity share of face value of Rs.10 /- each for the financial year 2024-25.
MSTC Ltd Share Performance
The 52-week high price of MSTC share on BSE is Rs 1037.00 apiece (as on 25/07/2024) and 52-week low price is Rs 410.80 apiece (as on 03/03/2025), respectively. MSTC shares fell 24.25% year-to-date, slipped 38.7% in last 1-year, and zoomed 101.8% in last 2-years. In last 5-years, MSTC shares rose 548.39%.
MSTC Financials
The company declared its consolidated revenue from operations at Rs 81.14 crore for the quarter ended December 31, 2024 as compared to Rs 70.85 crore reported in the similar quarter of last year. Total income of the small cap company announced at Rs 96.20 crore for the quarter under review from Rs 94.93 crore announced in December 2023 quarter. Earning per share of the PSU announced at Rs 35.63 for December 2024 quarter as against Rs 5.25 declared in December 2023.
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