PTC India Declares ₹7.80 Final Dividend for FY24

4 Oct 2024 , 01:39 PM

PTC India announced that its shareholders have approved a final dividend of ₹7.80 per equity share for the financial year 2023-24 during the recent annual general meeting. 

The approved dividend rate of 78% applies to equity shares with a face value of ₹10 each. 

Following the announcement, PTC India’s shares closed at ₹203.05 on the National Stock Exchange (NSE), marking a decline of 3.3%. Despite this drop, the stock has shown a year-to-date increase of nearly 5%, indicating resilience in its market performance.

Over the past year, PTC India’s stock has delivered an impressive return of over 53%. This substantial gain highlights the company’s ability to generate value for its shareholders and reinforces investor confidence.