Under Rs 10, Penny Stock in Green as Board to Consider Interim Dividend on October 04, 2025

DSIJ Intelligence-1 / 25 Sep 2025/ Categories: Dividend, Penny Stocks, Trending

The company has a market cap of over Rs 60 crore and the stock is up by 46 per cent from its 52-week low of Rs 3.59 per share.

Sacheta Metals Ltd. (BSE: 531869), one of India’s growing manufacturers of aluminium and stainless-steel kitchenware, has announced that its Board of Directors will meet on October 04, 2025, to consider the declaration of an Interim dividend.

Founded in 1990, Sacheta Metals Ltd. is one of India’s leading manufacturers of aluminium and stainless-steel kitchenware, offering a diverse portfolio that includes aluminium utensils, castings, sheets, circles, non-stick cookware, pressure cookers, slugs, foils, coils, foil stock, PP sheets, coils for PP, and other houseware. It is also a prominent producer of stainless-steel kitchenware, catering to the evolving needs of households across the country.

With state-of-the-art machinery and modern production facilities, Sacheta is well equipped to deliver both standard and customised solutions, meeting specific requirements in terms of shape, size, design, thickness, and weight. It maintains stringent quality controls to ensure that every product is safe, hygienic, durable, and efficient.

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Guided by the belief that aluminium is among the best metals for cooking—next only to gold and platinum—Sacheta emphasises innovation and quality in every product. Its utensils are designed to heat quickly, save fuel, and offer long-lasting performance, all while being easy to clean and maintain.

For over three decades, Sacheta has been a trusted name in the kitchenware industry, committed to combining functionality, durability, and modern design to deliver products that enhance everyday cooking experiences.

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On Thursday, shares of Sacheta Metals Ltd surged 1.55 per cent to Rs 5.25 per share from its previous closing of Rs 5.17 per share. The company has a market cap of over Rs 60 crore and the stock is up by 46 per cent from its 52-week low of Rs 3.59 per share.

Disclaimer: The article is for informational purposes only and not investment advice.