La Opala Dividend: La Opala RG Limited, a leading manufacturer in the glassware segment, has announced the distribution of two dividends together for its investors. The company has declared a total dividend of ₹10 per share, consisting of both final and special dividends. This means that each shareholder will receive ₹10 per share as a benefit. The dividend will be paid based on the record date of September 24, 2024, while the ex-date is September 23, 2024. Following this announcement, the company has provided a 24% return to its investors over the past 6 months, indicating its financial strength.
Highlights:
व्हाट्सप्प चैनल या व्हाटप्प ग्रुप में दिए गए कूपन कोड को डालें -
You need to log in to redeem a coupon.
- La Opala has declared two dividends (final and special) together.
- A total dividend of ₹10 per share will be given.
- Ex-date: September 23, 2024, Record Date: September 24, 2024.
- The company has provided a 24% return in the past 6 months.
- Company’s Market Cap: ₹4,231.88 crore, Promoters’ stake: 65.64%.
Important Information:
| Points | Details |
|---|---|
| Dividend Type | Final and Special |
| Total Dividend | ₹10 per share |
| Ex-date | September 23, 2024 |
| Record Date | September 24, 2024 |
| 6-month Return | 24% |
| Company’s Market Cap | ₹4,231.88 crore |
Table of Contents
Introduction to La Opala RG Limited
La Opala RG Limited is a leading lifestyle products company specializing in glassware products. Established in 1988 in Kolkata, West Bengal, the company boasts over 70 years of experience in the glassware segment. It is known for its dinner sets, plates, bowls, and coffee mugs. La Opala’s products are not only sold in India but are also exported to countries like the USA, UK, France, Spain, and Italy.
The company’s manufacturing plant is located in Madhupur, Bihar. Through technical expertise and quality management, La Opala has built a strong market presence.
Also Read: Green Energy Government Company-SECI Preparing to Launch IPO, Huge Earning Opportunity!
Quarterly Performance
Looking at the company’s recent performance, La Opala registered net sales of ₹72.85 crore and a net profit of ₹23.66 crore in June 2024. However, in June 2023, the net profit stood at ₹28.72 crore, indicating a slight decline. Despite this, the company’s strong balance sheet makes it a safe investment choice.
La Opala Dividend Announcement
La Opala has brought good news to its investors by announcing a total dividend of ₹10 per share, comprising both final and special dividends. Previously, in 2023, the company had provided a final dividend of ₹3 per share. This time, by combining both dividends, La Opala has declared a total of ₹10 per share, which is substantial for its shareholders.
To receive the dividend, investors must note that the record date is set for September 24, 2024, while the ex-date is September 23, 2024. This dividend declaration reflects the company’s financial strength and future profitability.
Also Read: ITD Cementation Stock Surges as Adani Group Plans to Acquire Stake: Full Details Inside
Strong Returns in the Past 6 Months
Over the last 6 months, La Opala has provided a 24% return to its investors, reflecting the company’s excellent performance. The company’s market cap stands at ₹4,231.88 crore, with promoters holding a 65.64% stake. Additionally, the company only has a small debt of ₹8.74 crore, making it financially robust.
FAQs (Frequently Asked Questions):
How much dividend has La Opala declared?
La Opala has declared a total dividend of ₹10 per share, which includes both final and special dividends.
What is the ex-date and record date to receive the dividend?
The ex-date to receive the dividend is September 23, 2024, and the record date is September 24, 2024.
What is the market cap of the company?
The market cap of La Opala is ₹4,231.88 crore.
How much return has La Opala provided in the last 6 months?
La Opala has provided a 24% return to its investors over the past 6 months.
Where is La Opala’s manufacturing plant located?
La Opala’s manufacturing plant is located in Madhupur, Bihar.
