The amount almost doubled in 1 year, now the company will give an extra Rs 100 per share.

New Delhi. Stock market investors have a great opportunity to make money this week. Disha India, which manufactures industrial products, is going to pay 1000 percent dividend per share. The shares of the company have a face value of Rs 10 on which 1000% dividend will be paid. This means that investors will be given an additional Rs 100 per share.

For this, investors have to invest before the ex-dividend date. The company has set a record date of February 16 for the dividend. This means the stock will go ex-dividend on the 15th. Only those who invest in the shares before that day will get the benefit of the dividend. Investors who want to take advantage of Disha India’s profits can invest in it till February 14.

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Dividend since 2003
The company has been paying dividends to its investors since 2003. Last year also an interim dividend of Rs.100 and a final dividend of Rs.10 were given. This time the dividend can be paid by March 6. Let us tell you that the company has made a profit of over Rs 5.50 crore in the October-December quarter. This is an increase of 185% on a year-on-year basis compared to the same quarter of the previous fiscal year. On a year-on-year basis, the company’s income from operations increased to Rs 59 crore from Rs 50.2 crore.

Last 5 years performance
Shares of the company have given a return of 143% in the last 5 years. At present the price of one share is 14900 rupees. This share has increased by 88% in one year. At the same time, it has fallen less than 1 percent in 1 month. The stock closed up 0.63 percent on Friday.

What does the company do?
Desa India was established in 1984. It provides industrial solutions and machinery. Its main focus is aluminum and iron industry. The company supplies foundry and shot blasting equipment to these industries. Denmark’s Desa Holding holds 74% stake in Desa India. The remaining shares are available in the retail market. This company is listed on BSE only. Desa India is headquartered in Bengaluru.

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