Introduction:
Telecom stock has rewarded its investors with a significant interim dividend of ₹25 per share for the financial year 2024-25. This move reflects strong financial performance and aims to enhance shareholder value in the current market.
Share Price movement of ADC India Communications:
On March 26, 2025, ADC India Communications Ltd opened at ₹1209.95, reaching a high of ₹1265.95, up 7.09% from its previous close of ₹1182.15, with a low of ₹1209.95. The stock is currently trading at ₹1265.95, with a market cap of ₹582.34 Crores.
ADC India Communications share price rise:
ADC India Communications Limited announced that its Board of Directors, in a meeting held on March 25, 2025, declared an interim dividend of ₹25 per equity share of ₹10 each (250%) for the financial year 2024-25, rewarding shareholders with a substantial payout.
The company set April 2, 2025, as the record date to determine eligible shareholders for the interim dividend. The dividend, subject to applicable TDS under the Income Tax Act, will be disbursed on or before April 23, 2025, as per regulations.
The board meeting commenced at 03:05 p.m. and concluded at 04:30 p.m. This official update was shared in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for investor information and regulatory records.
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Stock performance of ADC India Communications for Period of 1 week, 6 months and 1 year:
ADC India Communications stock delivered a strong 21.7% return over 1 week, reflecting positive momentum. However, it witnessed a sharp decline of -41.1% over 6 months. Despite this volatility, the stock managed to record an impressive 31.4% return over the 1-year period.
Shareholding pattern of ADC India Communications:
Summary | Dec-24 | Sep-24 | Jun-24 |
Promoter | 72.00% | 72.00% | 72.00% |
FII | 0% | 0% | 0% |
DII | 0% | 0% | 0% |
Public | 28.00% | 28.00% | 28.00% |
About ADC India Communications:
ADC India Communications (BSE: 523411) operates in the telecom sector, providing network infrastructure solutions. The company specializes in designing, manufacturing, and supplying connectivity products for telecom and data communication networks, supporting reliable and efficient communication systems across India.
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.