Krishanveer Forge Ltd

₹107

Krishanveer Forge Ltd Dividend 2024 : Should Krishanveer Forge Ltd be a part of your dividend portfolio?

Krishanveer Forge Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹119.08Cr. Its share price is ₹107 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Krishanveer Forge Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Basic Materials stocks do not always pay a dividend but as Krishanveer Forge Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Krishanveer Forge Ltd has declared dividend of ₹2 - translating a dividend yield of 1.87%.

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

Krishanveer Forge Ltd’s revenue were ₹20.25Cr in the quarter ending September 2024. The revenue grew by 9.58% year on year basis since last quarter.
Krishanveer Forge Ltd’s profits were ₹1.23Cr in the quarter ending September 2024. The profits grew by 272.73% year on year basis since last quarter.
Krishanveer Forge Ltd’s dividend was ₹2 in the quarter ending June 2024.

Krishanveer Forge Ltd Dividend related ratios: