Share of Rs 24 and dividend of Rs 25! Shocked, right, but it is true. This is a stock that can make you rich in a short time. We are talking about Taparia Tools, which is a penny stock. Its performance has been excellent in a short time. It has given a return of 440% in the last one year.
Taparia Tools Declares ₹27.50 Dividend on ₹24 Share
Meanwhile, Taparia Tools Limited has announced a big gift to its investors. The company has announced a dividend of Rs 25 per share on a share of Rs 24.23. The company has given this information to the Bombay Stock Exchange (BSE) on 4 July 2025. The company is listed on BSE.
Who Will Get the Dividend Benefit?
The book closure date has been kept from 30 July to 5 August 2025. This means that if an investor buys the shares of the company by 29 July 2025, he will get the benefit of dividend. Here, the company’s 59th Annual General Meeting (AGM) is to be held on August 5, 2025, which will be held through video conferencing at 11:30 am. The company said that the facility of e-voting will be available from August 2 to August 4, 2025. Investors will be in the position of shareholders on July 29, 2025, they will be able to vote in the AGM.
Taparia Tools Share Performance
In the last trading week, the company’s stock was trading around Rs 24 on BSE. It has given a return of 440% in a year and 107% so far. Interestingly, the penny stock reached a 52-week high of Rs 24.23 on July 4. This was also the all-time high level of the stock. While its low level is Rs 4.48. During listing, it was Rs 11.70. The market cap, revenue and net profit of the company are as follows:
Market cap: Rs 35.03 crore (1 July 2025)
Revenue: Total revenue for FY 2025 was Rs 912.89 crore, which is 10.18% higher than FY 2024’s Rs 828.53 crore.
Net profit: Net profit for FY 2025 was Rs 122.52 crore. This is 22.80% higher than FY 2024’s Rs 99.77 crore.
The company will distribute a dividend of Rs 37.94 crore
The Board of Directors of the company met on 22 May 2025. In which a final dividend of Rs 25 per share was recommended. This dividend will be given on shares with a face value of Rs 10. Apart from this, the meeting has declared a final dividend of Rs 2.5 per equity share on a face value of Rs 10. That is, a dividend of Rs 27.50 will be given on one share. According to this, the company will distribute a total dividend of Rs 37,94,68,750 crore. This dividend is for the financial year 2024-25.
What does Taparia Tools do?
It is a manufacturing company based in Nashik, Maharashtra, which manufactures industrial and hand tools like pliers, spanners, screwdrivers and other products. It is counted among the leading tool manufacturing companies of India and its products are famous in domestic and international markets.
(Disclaimer: The information given here about the shares is not an investment opinion. Since, investment in the stock market is subject to market risks, consult a certified investment advisor before investing.)
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