BALAXI

Balaxi Pharmaceuticals Ltd

₹79.22

Balaxi Pharmaceuticals Ltd Dividend 2024 : Should Balaxi Pharmaceuticals Ltd be a part of your dividend portfolio?

Balaxi Pharmaceuticals Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹446.35Cr. Its share price is ₹79.22 as on 18 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Balaxi Pharmaceuticals Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Financial Services stocks do not always pay a dividend but as Balaxi Pharmaceuticals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Balaxi Pharmaceuticals Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.63%.

Let's look at Balaxi Pharmaceuticals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Balaxi Pharmaceuticals Ltd’s revenue were ₹73.27Cr in the quarter ending September 2024. The revenue grew by 20.81% year on year basis since last quarter.
Balaxi Pharmaceuticals Ltd’s profits were ₹4.59Cr in the quarter ending September 2024. The profits fell by -68.19% year on year basis since last quarter.
Balaxi Pharmaceuticals Ltd’s dividend was ₹0.50 in the quarter ending March 2022.

Balaxi Pharmaceuticals Ltd Dividend related ratios: