Top News

Dividend Stock: This company stock surges 7 percent on ex-date | Check details here
24htopnews | August 22, 2025 7:06 PM CST

New Delhi: Small-cap company Bhatia Communications & Retail India Ltd. is making headlines in the stock market. On August 22 the companys stock jumped 7% because the shares trade ex-date today for the first interim dividend of FY26 declared by the company. The company has declared a dividend of ₹0.01 on each equity share of face value of ₹1. This is the companys first interim dividend which has created a lot of enthusiasm among investors. Dividend is actually a part of the companys profits which is given to shareholders as a reward for their investment. The impact of the dividend announcement was clearly visible on the stock. The stock rose intra-day to ₹ 29.73 which was the days high. The stock closed with gains for the fifth consecutive trading day and during this period it saw a total rise of 23%. However it is still below its 52-week high of ₹36 but has risen sharply from the low of ₹21.20 made in May 2025. Bhatia Communications and Retail has given great returns to investors for a long time. In the last five years it has given a return of up to 270% and has proved to be a multibagger. In the last one year also this stock has risen by 22%. Especially the month of August has been great in which the stock has increased by 28.5%. However there were fluctuations in the months before this. STORY HIGHLIGHTS  Bhatia Communications & Retail India Ltd. is making headlines in the stock market. The companys stock jumped 7 percent because the shares trade ex-date today for the first interim dividend of FY26 declared by the company. The stock closed with gains for the fifth consecutive trading day and during this period it saw a total rise of 23 percent. Founded in 2008 and headquartered in Surat the company operates in mobile and electronics retail-wholesale distribution. The company also sells mobile handsets tablets data cards mobile accessories and home appliances such as smart TVs refrigerators air conditioners washing machines air coolers microwaves. Its network includes retail and franchise stores. The company has distribution of leading brands like Apple Samsung Oppo Vivo Jio Realme Redmi Nokia.


READ NEXT
Cancel OK