Vesuvius India Stock Price: The shares of Vesuvius India Limited showed up to 7 percent a day on 20 February. The price on BSE went up to Rs 3886.05. The company has told the stock markets that its board is going to meet on 26 February. It will approve the financial results for the financial year ended on 31 December 2024. Also, the proposal of dividend and stock split can be considered.
The company follows January-December FY Year. Vesuvius India is known for marketing and developing the liquid steel in the contiguous casting process to control, protect and monitor ceramic systems.
Vesuvius India is continuously dividing since 2002
Vesuvius India has been distributing dividends continuously since 2002. In 2024, it gave a final dividend of Rs 12.75 per share. The company is preparing for stock split for the first time. The face value of the stock is currently Rs 10 per share. The company has not yet given bonus shares to its shareholders once.
Shares have gone up to Rs 6,000 to peak
The market cap of Vesuvius India is Rs 7800 crore. The stock’s record high on BSE is Rs 6,000 and a record is Rs 3,016.95. The stock came down 11 percent in 2 weeks. The company had a 55.57 percent stake in the company till the end of December 2024.
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68 crore profit in September quarter
In the July-September 2023 quarter, the company received a revenue of Rs 444.16 crore on the standalone basis. The net profit was Rs 68.46 crore and earning was Rs 33.73 crore per share. In FY 2023, Vesuvius India had a revenue of Rs 1,603.13 crore, net profit of Rs 212.94 crore and earning was Rs 104.92 crore per share.
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