1:1 Bonus Share, Rs 6 Dividend: Multibagger Hotel Stock Trades Ex-Bonus, Ex-Dividend

 EIH Associated Hotels Ltd shares today declined 3.60% as it traded ex-bonus in the ratio of 1:1 and ex-dividend for Rs 6/share dividend. Current market price of EIH Associated Hotels shares today on BSE is Rs 476.55 per share. The company's market capitalisation stood at Rs 2903.92 crore. EIH Associated Hotels shares gained 103% year-to-date and soared over 8% in last 1-week. EIH Associated Hotels shares today hit fresh 52-week high for the second consecutive day. Check details below:

EIH Associated Hotels Trades Ex-Bonus: Earlier the company on July 18, 2024 revised the record date for bonus share and dividend from July 29, 2024 to August 13, 2024. The BSE filing stated, "the Board of Directors has revised the record date for determining the list of eligible shareholders to receive the Final Dividend for the Financial Year 2023-24 and bonus shares from Monday, 29th July 2024 to Tuesday, 13th August 2024. This disclosure may also be treated as corrigendum to the Notice of Annual General Meeting to the effect that where record date is appearing as Monday, 29th July 2024 be read as Tuesday, 13th August 2024."


EIH Associated Hotels Bonus Share: EIH on June 14, 2024 recommended the capitalization of reserves by issuing Bonus Shares in the ratio of 1 (One) fully paid-up bonus equity share of Rs.10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs.10/- (Rupees Ten only) each held by Shareholders of the Company as on the record date, subject to the approval of Shareholders at the forthcoming Annual General Meeting ("AGM") of the Company.

EIH Associated Hotels Dividend: The hotel sector company on May 24 declared a final dividend @ 60%, i.e., Rs. 6/- per equity share of face value Rs.10/- each, fully paid up, to the Shareholders for the Financial Year 2023-24. EIH Associated Hotels Share Performance: The 52-week high price of EIH Associated Hotels share on BSE is Rs 544.95 per share (as on 13/08/2024) and 52-week low price is Rs 209.28 per share (as on 26/10/2023), respectively. EIH Associated Hotels shares gave return of 109% in last 1-year, soared 134% in last 2-years, and zoomed 187% in last 3-years. In last 5-years, EIH Associated Hotels shares offered return of 230% and 462% in last 10-years.

EIH Associated Hotels Q4: VST announced a surge of 22.88% in net sales to Rs 132.50 crore for the quarter ended March 31, 2024 as against Rs 107.83 crore announced in the corresponding quarter of last year. Its quarterly net profit rose 40.7% to Rs 36.81 crore for March 2024 quarter as compared to Rs 26.17 crore announced in the corresponding quarter of last year. The EBITDA of the company stood at Rs 53.84 crore for March 2024 quarter, up 54.67% from Rs 34.81 crore declared in March 2023. EPS of the company zoomed to Rs 12.08 in March 2024 from Rs 8.59 in March 2023.


Comments

Post a Comment

Popular posts from this blog

Senior Citizen Train Ticket Discount: Government has issued a new statement regarding giving discount to senior citizens on train tickets, know the details here

Image
  Senior Citizen Train Ticket Discount: Once again a demand has been made in the Lok Sabha to give discount to senior citizens on train tickets. Senior Citizen Train Ticket Discount:  Railways has withdrawn the discount given to senior citizens on train tickets since the Corona period. However, from time to time there has been a demand to restore this concession given to senior citizens in trains. Even in the winter session of the Lok Sabha, some members raised the demand for increasing fare concessions and facilities for senior citizens traveling in trains. However, even before this, Railway Minister Ashwini Vaishnav has told in the Lok Sabha that during the train journey, every passenger is given an average subsidy of 53 percent on the train ticket. Apart from this, he also told who gets discount on tickets while traveling by train. Demand for discount in train tickets raised again During Zero Hour in the House, Janata Dal (United) MP Kaushalendra Kumar said that before the Corona ep
Read more

Cash Transaction Rules: Income tax rules on cash transaction between Husband-Wife and Son-Father, know rules

Image
  Cash Transaction Rules: Income tax keeps an eye on our every transaction. But is there any tax on cash transactions or can Income Tax send a notice? Or how much cash transaction can take place between you and your wife or between father and son? If you also have these questions in your mind, then let us know their answers… If you also transact money between father and son or between husband and wife, then this news is useful for you. Actually, every transaction of ours has an eye on income. In such a situation, a question arises in the minds of many people whether income tax notice can be received even on cash transactions? Let us know how much cash transaction you can do in your family. Income tax sends notice? According to tax experts, if you give money every month for household expenses or give money as a gift, then the wife is not liable for income tax. Both these types of amounts will be considered as the income of the husband. The wife will not receive any notice from the Incom
Read more

Have a Current/Savings Bank Account? Know the Cash Deposit Limits under Income Tax Act to avoid Penalties and Notices

Image
  Adhering to cash deposit and withdrawal limits is crucial to remain compliant with the Income Tax Act in India. This article aims to elucidate the various facets of cash-related regulations, encompassing savings and current accounts, fixed deposits, credit card bill payments, real estate transactions, and more.  Cash Deposit Limits in Savings and Current Accounts The Indian Income Tax Act imposes specific regulations on significant cash deposits in savings accounts. Individuals accumulating INR 10 lakh or more during a fiscal year must notify tax authorities.  For current accounts, this threshold is set higher at INR 50 lakh. Although not immediately taxed, financial institutions report transactions exceeding these limits.  Cash Withdrawal and TDS under Section 194N  Section 194N outlines TDS rules for cash withdrawals. A 2% TDS is levied on withdrawals exceeding INR 1 crore within a fiscal year. Non-filers face a 2% TDS on withdrawals over INR 20 lakh and a 5% TDS on amounts exceedi
Read more