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By Malvika Gurung
Investing.com — Shares of the plane manufacturing firm Taneja Aerospace and Aviation (BO:) have been buying and selling 10% greater at Rs 142.65 apiece, persevering with to hit the higher circuit for the second consecutive session on Wednesday.
The inventory listed on BSE, in a board assembly held on Saturday, declared an interim dividend of 40% for the monetary yr 2021-22 and set the report date for dividend fee to shareholders on Might 21, 2022.
As per the corporate’s trade submitting, the interim dividend will likely be paid/dispatched to the shareholders on or earlier than June 13, 2022.
Because the firm’s announcement on Saturday, shares of Taneja Aerospace Aviation have jumped from Rs 109.4 to Rs 142.65 apiece, surging 30.4% within the three classes together with Wednesday. Over the previous yr, the multibagger inventory has rallied a whopping 280%.
Ace investor Porinju Veliyath holds a stake of 1.2% within the micro-cap firm, or 3 lakh shares, as of March 31, 2022, in keeping with the corporate’s newest shareholding sample.
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