Introduction:
Leading IT company has declared a third interim dividend of ₹7.50 per share for FY 2024-25. The board approved the decision, setting March 25, 2024, as the record date, reinforcing its commitment to rewarding shareholders and maintaining strong financial growth.
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Share price movement of Ksolves India:
On March 20, 2025, Ksolves India Ltd opened at ₹448.95, up 9.20% from its previous close of ₹411.15. The stock hit a high of ₹474.25 (15.35%) and a low of ₹425.70. By 10:10 AM, it traded at ₹446.95, an 8.71% increase, with a market cap of ₹1,059.81 crore.
Ksolves India Declares ₹7.50 Third Interim Dividend:
Ksolves India Limited has announced a third interim dividend of ₹7.50 per share for FY 2024-25. The board approved the dividend at its meeting on March 19, 2025, boosting investor confidence in the company’s strong financial position.
The company has set March 25, 2024, as the record date for determining eligible shareholders. The dividend will be distributed within the statutory timeframe to those holding fully paid-up equity shares on the specified date, reinforcing Ksolves’ commitment to rewarding its investors.
Following the announcement, Ksolves India’s stock witnessed a sharp 15% surge as investors reacted positively to the dividend news. The move reflects the company’s consistent growth and profitability, further strengthening its reputation as a reliable player in the IT sector.
Recent news on Ksolves India:
As of January 20, 2025, Ksolves India Ltd reported a 32.66% rise in net sales to ₹37.70 crore. Quarterly net profit increased 15.46% to ₹10.32 crore, while EBITDA grew 16.64% to ₹14.16 crore, reflecting strong financial performance.
Stock performance of Ksolves India for Period of 1 week, 6 months, and 1 year:
Ksolves India Limited delivered a strong 20% return over the past week, signaling short-term momentum. However, its six-month and one-year returns stand at -20.3% and -28.5%, respectively, reflecting broader challenges and volatility in its long-term performance.
Shareholding pattern of Ksolves India:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 58.90% | 58.90% | 58.90% |
| FII | 1% | 1% | 2% |
| DII | 0% | 0% | 0% |
| Public | 40.20% | 40.10% | 39.40% |
About Ksolves India:
Ksolves India Ltd (NSE: KSOLVES), incorporated in 2014, specializes in software development, enterprise solutions, and IT consulting. It serves industries like real estate, e-commerce, finance, telecom, and healthcare, leveraging expertise in Big Data, Data Science, and AI solutions.
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.
