Symphony Q4 Results: Profit Up 65%

The firm recommended a final dividend of Rs 8 per share of a face value of Rs 2 each for the fiscal 2024–25, subject to approval from shareholders at the next annual general meeting.

The total dividend for fiscal 2024-25 aggregates to Rs 13 per equity share of Rs 2 each, amounting to Rs 89.3 crore, which includes three interim dividends of Rs 5 per equity share paid during the year.

Shares of Symphony closed 0.76% higher at Rs 1,999 apiece on the NSE, compared to a 0.14% uptick in the benchmark Nifty. The share price has risen 27.26% in the last 12 months but fallen 10.83% on a year-to-date basis.

Five out of the nine analysts tracking the company have a 'buy' rating on the stock, two suggest 'hold' and as many recommend 'sell', according to Bloomberg. The stock's return potential was at 14.9%.