MGELNSEMangalam Global Enterprise Limited· Agricultural Food & other ProductsHighPositive
Announced Wed, 23 Apr, 2025 · 18:03 IST

Mangalam Global Enterprise Limited has informed the Exchange that Board of Directors at its meeting held on April 23, 2025, recommended Final Dividend of Rs.0.01@1% per equity share.

MGEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-7.4%Reaction day
₹14.80
prior close
₹14.80
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-7.9% vs market
Other Agricultural Products peers, median of 50sector+0.0%-7.4% vs sector

On the reaction day the stock moved 7.9 pts less than Nifty Microcap 250 and 7.4 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-3.7
10m
-4.5
15m
-4.1
30m
-4.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-7.4+0.4-7.9+0.0-7.4
Next day
-10.6-2.3-8.3-3.0-7.7
2d
-8.0-2.3-5.7-3.3-4.7
3d
-8.2-2.4-5.8-3.8-4.5
4d
-12.8-4.5-8.3-4.5-8.3
5d
-12.2-4.6-7.6-4.6-7.6
1w
-13.1-5.8-7.4-7.1-6.0
15d
-9.8+4.0-13.8-1.0-8.8
1m
-11.1+6.1-17.2-2.9-8.3
2m
-2.2+6.7-8.9-5.0+2.8
3m
+15.4+11.4+4.1-6.0+21.4
UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 50Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of Directors of Mangalam Global Enterprise Limited, at its meeting held on April 23, 2025, has recommended a final dividend of Rs. 0.01 per equity share, which works out to 1% on the face value. This is a very small absolute payout per share. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. No other corporate action details (such as record date or book closure) have been disclosed in this filing.

Likely market impact

At Rs. 0.01 per share, the dividend is nominal and is unlikely to have any meaningful impact on shareholder returns or stock price. Retail investors should not view this as a yield-driven opportunity.