New Delhi, March 24 -- Shares of Mishra Dhatu Nigam, a Miniratna defence public sector enterprise (PSE), surged nearly 6 percent in intra-day trading on Monday, March 24, ahead of its record date for determining shareholder eligibility for an interim dividend of Rs.0.75 per share. With the record date and ex-dividend date set for March 25, the stock will trade ex-dividend from Tuesday onward.

The board of Mishra Dhatu Nigam approved an interim dividend of Rs.0.75 per share, representing 7.5 percent of the face value of Rs.10 per share, for the financial year 2024-25. The company disclosed the decision in a regulatory filing on March 19.

"This is to inform you that the Board of Directors of the Company, at its meeting held today, has app...