Shares of Taneja Aerospace & Aviation Limited have given tremendous returns to the investors. Shares of Taneja Aerospace are one of the multibagger stocks of the year 2021. The company’s shares have given a return of around 280 per cent in the last one year. Taneja Aerospace & Aviation on Saturday, 14 May 2022 has announced an interim dividend of 40% to investors for the financial year 2021-22. The company’s shares have seen a sharp jump since the announcement of the dividend.
18.5% up in 2 sessions, Porinju has 3 lakh shares
Shares of Taneja Aerospace & Aviation touched Rs 129.70 with an upper circuit of 10% on the Bombay Stock Exchange (BSE) on Tuesday. Since the announcement of dividend, the company’s shares have risen from Rs 109.40 to Rs 129.70 in the last two trading sessions. Shares of Taneja Aerospace have gained 18.5 per cent in the last two days. The Board of Directors of Taneja Aerospace has fixed May 21, 2022 as the record date for interim dividend payment. Veteran investor Porinju Veliyath also has a stake in the company. According to the shareholding pattern of Taneja Aerospace and Aviation Ltd for the March quarter, Porinju holds 3 lakh shares, or 1.20 per cent, in the company.
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The company’s stock crossed Rs 129 from Rs 1.58
The shares of Taneja Aerospace & Aviation were at a level of Rs 1.58 on the Bombay Stock Exchange (BSE) on 4 October 2022. The company’s shares are trading at a level of Rs 129.70 on BSE on May 17, 2022. If a person had invested Rs 1 lakh in the shares of the company on October 4, 2022 and had retained his investment, then at present this money would have been much more than Rs 82 lakh. The 52-week low of Taneja Aerospace’s shares is Rs 31.90. At the same time, the 52-week high level of the company’s shares is Rs 168.
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