highlights
Sanofi India Limited share price is more than 5000.
It is trading below Rs 2,000 from its 52-week high.
Sanofi India will remit the dividend amount to investors in May.
New Delhi. Sanofi India Ltd, the Indian unit of French drugmaker Sanofi, will pay its investors a dividend of Rs 377 for 1 share. The company has also set an ex-dividend and record date for this. The company’s board meeting was held on February 23 to pay dividends. At that meeting a final dividend of Rs 194 and a dividend of Rs 183 was recommended.
The company will go ex-dividend this week. Sanofi India has set April 29 as the deadline. That means Company X will become a dividend on April 28th. The company will pay this dividend on May 22, 2023.
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recording date
Whenever companies pay dividends, a specific date is set to predict how many shareholders the company has to whom the dividend is to be paid. The ex-dividend date is usually one day before the record date. Only investors who have purchased shares in the company up to this date are counted as beneficiaries of the dividend paid on the record date.
What is Sanofi India doing?
According to Sanofi’s website, the company offers treatments, life-saving vaccines, and affordable medicines for many serious diseases. It claims it is the third largest pharmaceutical company in the world. In 2004, this company acquired another French company, Avantis, to become the third largest company.
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how is the situation on the market
The current price of one share of the company is Rs 5,948. It closed up 0.37 percent. Over the past month, the company’s stock has surged 4.70 percent. This proportion has fallen by 15 percent in the last 1 year. The company’s 52-week high is 7200 and the low is 5202.
quarterly results
In the third quarter of the 2022-23 financial year, the company had achieved an income of Rs 671.90 crore. The company’s expenses were around Rs 515 crore. The company’s net profit was Rs 130.90 crore. On an annual basis, the company’s profit increased by around 45 percent.
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FIRST RELEASED : April 23, 2023 at 14:56 CET
