Symphony stock price: The shares of the cooler -making company Symphony Limited saw a decline of up to 10 percent a day on February 5 and the price on BSE went up to Rs 1278.65. The company has a net loss of Rs 10 crore on the consolidated basis in the October-December 2024 quarter. A year ago, the company was in profit of Rs 41 crore in the same quarter. The profit in the July-September 2024 quarter was Rs 56 crore.
Symphony has told the stock markets that in the December 2024 quarter, it earned a revenue of Rs 242 crore from the operations on the consolidated basis. This is 2 percent less than the revenue of Rs 247 crore a year ago. The consolidated revenue was Rs 315 crore in the September 2024 quarter.
Announcement of third interim dividend
With the announcement of the results of the December quarter, the board of Sinfni has declared the third interim dividend of Rs 2 per share for FY 2024-25. This will be paid to shareholders on or before 28 February 2025. The record date for dividend is 11 February 2025. By this date, shareholders whose names will be in the records of the Register of Members of the Company or Depositors as the beneficiaries owners of shares will be entitled to dividend.
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39 percent of Symphony shares in a year
According to BSE data, Sinfney’s stock has seen a 39 percent gain in the last one year. At the same time, the stock has become cheaper 18 percent in 3 months. The company’s market cap is Rs 8900 crore. By the end of December 2024, the promoters had a 73.43 percent stake in the company. The stock saw a high of 52 weeks on BSE on 11 October 2024. At the same time, 52 weeks took 820.10 rupees on 20 March 2024.
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