Introduction:
Leading industrial solutions provider has scheduled a board meeting on February 26, 2025, to review its audited financial results, consider a dividend recommendation, and evaluate a potential stock split, subject to shareholder and regulatory approvals.
Share price movement of Vesuvius India:
On February 20, 2025, Vesuvius India Ltd. opened at ₹3,707.75, rising 6.65% from its previous close of ₹3,606.60. The stock hit a high of ₹3,892.60 (7.93%) and a low of ₹3,576.60. By 2:57 PM, it traded at ₹3,846.35 (6.65%), with a market cap of ₹7,806.58 crore.
Vesuvius India Board Meeting Update:
Vesuvius India Limited has announced that its Board of Directors will meet on February 26, 2025, to review and approve the company’s audited financial results for the financial year ending December 31, 2024. The board will also discuss key corporate actions.
The meeting agenda includes considering a dividend recommendation on equity shares, signaling potential returns for shareholders. Additionally, the board will evaluate a proposal for a stock split or subdivision of equity shares, subject to shareholder and regulatory approvals, to enhance stock liquidity.
Vesuvius India Limited follows a financial year ending on December 31. Investors and stakeholders will closely monitor the outcomes of this board meeting, as decisions on dividends and stock restructuring could impact market sentiment and the company’s stock performance.
Stock performance of Vesuvius India for Period of 1 week, 6 months and 1 year:
Vesuvius India Limited’s stock has faced a short-term decline, with a 11.5% drop over the past week and a 30.2% fall in six months. However, it has maintained a 4.56% gain over the past year, reflecting long-term resilience despite recent volatility.
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Shareholding pattern of Vesuvius India:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 55.60% | 55.60% | 55.60% |
| FII | 4.10% | 2.30% | 2.30% |
| DII | 20.70% | 21% | 20.90% |
| Public | 19.70% | 21.20% | 21.20% |
About Vesuvius India:
Vesuvius India Ltd (NSE: VESUVIUS) specializes in manufacturing and trading refractory goods while offering related services. Operating in India, the company serves both domestic and international markets, ensuring high-quality refractory solutions for various industrial applications.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
