Gr Infra Share Price | GR infrastrous shares are trade on X-Dividend, share falls by 1.15%

Gr Infra Share Price | GR infrastrous shares are trade on X-Dividend, share falls by 1.15% Tezzbuzz | 16/03/2025 13:24:10

GR Infra Share Price Infrastructure company GR is trading on X-Dividend shares of GR Infrastrogen. The company declared a dividend of Rs 12.50 (250%) per share for its investors. The record date was fixed on 13 March 2025. The decision was taken in the board meeting held on March 7, 2025.

Meaning of X-Dividend
When a company declares dividend for its investors, a record date is set for it. The record date is the date according to which the shareholders of the company are eligible for dividend. The X-Dividend date is the date after which if an investor buys a shares, he will not get dividend. This means that you will get dividend only when you buy shares before the X-Dividend date.

Shares fell
The company's shares closed at Rs 989 with a decline of 1.15% on Wednesday.

On Thursday, the stocks fell to Rs 960. The total market price of the company is more than Rs 9,500 crore. The highest level of stock 52-week is below Rs 1,860 to 48% and 50% in October 2021 to 50% of the highest level of Rs 2,000. However, it is still its IPO price of 18% of Rs 837.

Company benefits
The company's net profit increased by 7.8% to Rs 261.7 crore for the December 2024 quarter. However, the revenue declined by 20.6% to Rs 1,694.5 crore. The company's Ebitda also declined by 27.1% to Rs 369.8 crore and the margin of 21.8%. By December 2024, the company had a total of 7 projects.