Mumbai, August 24, 2025 – Krishival Foods Limited shares surged 5%, hitting the upper circuit at ₹450.45 on Tuesday, marking a fresh 52-week high compared to the previous close of ₹429. This bullish momentum comes after the company’s board declared a dividend of ₹0.24 per share, setting the record date as September 18, 2025.
Stock Performance Overview
- Current Price: ₹450.45 (Upper Circuit)
- Previous Close: ₹429
- 52-Week High: ₹450.45
- 52-Week Low: ₹355
- Market Sentiment: Positive, backed by dividend announcement
The stock witnessed strong buying interest after the dividend declaration, reinforcing investor confidence in the company’s financial health and profitability.
Dividend Announcement Details
The Board of Directors approved a dividend payout of ₹0.24 per share for eligible shareholders.
- Record Date: September 18, 2025
- Promoters’ Dividend: With 82,96,641 shares, promoters are set to receive ₹19.91 lakh as part of the dividend distribution.
This move signals the company’s commitment to rewarding its shareholders and indicates robust earnings for the financial year.
Why Is Krishival Foods in Focus?
- New 52-Week High: Stock reached an all-time yearly high due to strong market demand.
- Dividend Announcement: Attracting dividend-seeking investors ahead of the record date.
- Positive Outlook: Market experts expect the rally to continue, given stable fundamentals.
Market Expert View
Analysts suggest that the stock may remain in bullish territory in the short term. However, they advise investors to keep an eye on broader market trends and company fundamentals before taking long-term positions.
Also Read: HDFC Bank Share Price: Did the Stock Really Fall 62% Today? Here’s the Truth
Key Takeaways for Investors
- Dividend Yield is modest but reflects strong financial health.
- Short-Term Rally may continue till the record date.
- Ideal for Dividend Seekers but new investors should monitor price movements closely.
Disclaimer
The content on ecolaw.in is for informational purposes only. We are not responsible for any investment decisions. Always consult a certified financial advisor before investing.