Evans Electric is all set to recommend final dividend.

Company : Focus Suites Solutions & Services Ltd

Backed by the excellent performance for FY2018-19, the Board of Directors at Evans Electric Limited recommended final dividend at the rate of Rs.2.20 per equity share with the face value of Rs.10 each.

The company launched its IPO on 30th April 2019, at a price of Rs.52 per share and was listed on 13th May 2019. The company is currently quoting at Rs.212.55 fetching an annualized return of around 2300%

Evans Electric Limited is independent India"s very first electric motor, generator and transformer, rewind, re-design and repair company. The company is based in Mumbai.

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