Safari Industries has declared an interim dividend of Rs 1.50 per fairness share for the present monetary yr 2022-23. Within the final one yr, the corporate has paid an fairness dividend amounting to Rs 0.80 per share, which ends up in a dividend yield of 0.04%.

When an organization goes ex-dividend on a selected date, its inventory doesn’t carry the worth of the subsequent dividend fee. Normally, an ex-dividend date is ready one or two days earlier than the file date. An ex-dividend date additionally dictates which shareholders are eligible to obtain the dividend fee.

The corporate’s inventory has greater than doubled buyers’ wealth within the final one yr, rising almost 120%. Thus far this yr, the inventory is up almost 15%.

Safari Industries is engaged within the enterprise of creating journey luggage. Its product portfolio consists of baggage, backpacks, faculty luggage, trend luggage. The corporate markets its merchandise below the manufacturers Safari, Genius, Genie & Magnum, which can be found throughout India.

In response to trendlyne information, Safari Industries has a mean goal of Rs 2,185.33, which represents an upside of 13.13% from the present share worth ranges.

In the meantime, Kirloskar Ferrous Industries has declared an interim dividend of Rs 2.50 per fairness share for the present fiscal. The corporate has paid a dividend of Rs 3 per share within the final one yr, which ends up in a dividend yield of 0.74%.Kirloskar Ferrous manufactures pig iron and ferrous castings. The corporate has foundries to fabricate Gray Iron castings for the auto and tractor trade.

Within the final one yr, the corporate’s inventory has risen over 100%. On a year-to-date foundation, the inventory is up 12.52%. The corporate has a mean goal worth of Rs 370. The consensus estimate represents a draw back of -9.07% from the final worth of 406.90.

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