Introduction
Share market of cement and construction material sector Heidelberg Cement share. The company has announced to give dividend to its investors, the amount of dividend has been kept at ₹ 7 per share, so initially we will look at the functioning of the company, its current position in the stock market, information about the returns and the dividend that has been announced. We are going to get complete detailed information through today’s news article.
Heidelberg Cement India Ltd
Heidelberg Cement India Ltd is a subsidiary company of Heidelberg Cement Group, Germany. It was started on 13 May 1958. The main business of the company is manufacturing and selling of cement. Different brands of the company are famous in the market. Products like mycem, mycempower, mycem concretemax, ppc and psc are included, so the company manufactures all these products from Damoh in Madhya Pradesh, Jhansi in Uttar Pradesh and Ammasandra in Karnataka.
Heidelberg Cement share company information
The market cap of the company is Rs 4,255.79 crore, so Heidelberg Cement share company has provided a dividend yield of 3.72% to its investors, the promoter holding of the company is recorded at 69.39%, so the company currently has a debt of Rs 173.78 crore, so The company has an amount of Rs 491.96 crore available in the form of free cash, which means you can call the company debt free, so the company’s sales growth is -2.56% and profit growth is -60.69%.
Current status of Heidelberg Cement share
If we get information about the company’s returns, then Heidelberg Cement share company has given a return of 3.3% in the last 5 years, -0.4% in the last 3 years, and in the last 1 year the company has given a return of 1.6%, So in the last 6 months the company has given returns of 15%.
Return information for last 5 years
If we get information about the company’s returns, then Heidelberg Cement share company has given a return of 3.3% in the last 5 years, -0.4% in the last 3 years, and in the last 1 year the company has given a return of 1.6%, So in the last 6 months the company has given returns of 15%.
Declaration of dividend of Rs 7 per share
The company had presented its quarterly results in June 2023, in which the Heidelberg Cement share company had earned a net profit of Rs 52 crore, which was a better performance than the last four quarters. According to the information received from the company, the company has planned to give dividend to its investors. Has been announced and its amount has been kept at Rs 7 per share and this dividend to be received is the final dividend and its record date has been kept as 20 September 2023 and ex date has been kept as 20 September 2023.
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