The purchase of shares of Power Trading Service Provider company PTC India has increased. On Monday, the shareholders of the company have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend will be in addition to an interim dividend of Rs 2 per share.
In addition to the interim dividend, the final dividend was also approved at the Annual General Meeting (AGM) of the shareholders of PTC India held on December 30, 2022.
Stock rally: The stock of PTC India saw a boom on Tuesday. The share price closed at Rs 86.25 on the second trading day of the week. The stock saw a gain of 1.35% over the previous day. The share price remained at Rs 86.95 during the trading. The market capital of the company is Rs 2,553.07 crore.
What is the company’s plan: On Monday, PTC India Chairman and MD Rajeev K Mishra said – We are also looking for opportunities in emerging areas like green hydrogen, battery energy storage systems in collaboration with global tech companies.