As more and more people become aware of financial management, they also gain more knowledge about investing their money in the right places. People mainly invest in fixed deposits (FDs), mutual funds, real estate, gold and stock markets. The stock market is one of the most popular ways to invest. However, it is important to conduct complete research before investing in stocks because the stock market is highly volatile. Nowadays, companies are found to pay dividends for every share held or purchased by investors.

According to reports, the company’s name is DISA India and it is a machinery industry company. It was found that the company has approved its first interim dividend of up to Rs 100 (1,000%) per share for the financial year 2023-24, with a face value of Rs 10 per share. This means investors will get an additional Rs 100 per share. To take advantage of this, investors must invest before the ex-dividend date. It is reported that the company has determined February 16 as the dividend registration date. Only those investors who purchase before this date will receive the benefits of the dividend.

According to reports, DISA India has started paying dividends to investors since 2003. Last year, an interim dividend of Rs 100 was paid and a final dividend of Rs 10 was paid. This year, the dividend will be paid to investors on March 6.

It was also found that DISA India posted a profit of over Rs 550 crore in the October-December quarter. Compared to the same quarter of the previous fiscal year, this profit increased by 185% year-on-year. The company’s operating income increased to Rs 59 crore from Rs 502 million.

DISA India shares have performed extremely well over the past five years, returning 152.36%. Currently, the stock is trading at Rs 15,000.05 at the close of trading at 3.30 pm on Monday. This share increased by 93.40% last year.