Multibagger defense stock below ₹100 sets record date for dividend payment. Details here
Small-cap stock below ₹100: Apollo Micro Systems shares are one of the multibagger stocks that Indian stock market has produced in last one year. In this time, this small-cap defense stock has surged from around ₹14 to ₹56 apiece levels, logging near 300 per cent rise in this time horizon.
However, a long term investor would have one more reason for cheer for having this stock in its portfolio. The board of directors of Apollo Micro Systems Limited has fixed record date for dividend payment on 22nd September 2023.
The small-cap company with a market cap of around ₹1,290 crore also declared final dividend of 2.50 per cent for the financial year 2022-23. The aerospace & defence company informed Indian stock market bourses about the final dividend and record date for final dividend on Thursday in an exchange communication.
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