Report Summary:
✅ Key Highlights from the Board Meeting (2nd Nov 2023):
📌 Financial Performance: Unaudited results for Q2 and H1 FY 2023-24 were approved.
📌 Interim Dividend: ₹0.40 per share (4%) declared for FY 2023-24.
📌 Dividend for Public Shareholders Only: Promoters waived their right to receive dividends.
📌 Record Date: 17th Nov 2023 for dividend distribution.
📌 Profit Growth:
• Q2 Net Profit: ₹105.15 Lakhs
• H1 Net Profit: ₹222.24 Lakhs
📌 Revenue:
• Q2 Revenue: ₹524.11 Lakhs
• H1 Revenue: ₹1030.66 Lakhs
✅ Effect on the Share Market:
📈 Stock Price Boost: Positive investor sentiment due to dividend declaration.
📊 Trading Volume Surge: Increased trading activity expected before the record date.
📉 Market Stability: Investors will monitor upcoming quarters for continued profitability.
✅ Company Overview:
• Name: Crown Lifters Limited
• Industry: Heavy Equipment & Crane Rental Services
• Headquarters: Mumbai, India
• Stock Exchange Listing: NSE
• CIN: L74210MH2002PLC138439
🌍 Be Here, Stay Ahead!
💡 “Information is the bridge between uncertainty and opportunity.”
In a world that’s constantly evolving, staying updated isn’t just a habit—it’s a necessity. Whether it’s market trends, business insights, or breakthrough technologies, being informed gives you the edge to make confident decisions.
🔹 Stay curious, stay ahead!
🔹 Knowledge today is success tomorrow.
👉 Be here. Stay informed. Lead the way. 🚀
💡 Quote:
“Information is the currency of democracy.” – Thomas Jefferson
📖 Explanation:
Staying updated with the latest information is like holding the key to opportunities. In the fast-moving world—whether it’s stock markets, business trends, or technology—being informed helps you make smarter decisions, stay ahead of competitors, and adapt to changes effectively. Just like investors track market updates to spot potential growth, staying informed in any field ensures you navigate life with confidence and clarity.
So, keep learning, stay curious, and let knowledge be your power! 🚀
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
