A pharma company is preparing to pay a hefty dividend to its investors. This company is Sanofi India. Sanofi India in its recent Annual General Meeting (AGM) has announced to pay a final dividend of Rs 490 per share to the shareholders, which includes special dividend. Sanofi India's dividend of Rs 490 includes final dividend of Rs 181 and special dividend of Rs 309 per share.
Annual general meeting of the company will be held on 26 April
According to information available on the Bombay Stock Exchange (BSE), 'Sanofi India Limited has informed BSE that the Register of Members and Share Transfer Books of the Company, including Special Dividend, for payments of Final Dividend from 16 April 2022 to 26 April 2022 Will be closed The annual general meeting of the company will be held on April 26, 2022. Sanofi India shares are currently trading at a level of Rs 7,176, down about 1%.
ICICI Securities gave a target of Rs 8107
According to the information available on the Bombay Stock Exchange (BSE), the ex date for the final dividend of Rs 181 and the special dividend of Rs 309 is 12 April 2022. The 52-week high of the company's shares is Rs 9,300. At the same time, the low-level for 52 weeks is Rs 6949.35. ICICI Securities has given a Add Recommendation on the Shares of Sanofi India. The brokerage house has given a target of Rs 8107 for the shares of the company. Sanofi India is a midcap company and its market cap is close to Rs 16,800 crore.
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