New Delhi, Nov. 9 -- Shares of Taparia Tools hit upper circuit during Monday's intraday trading session ahead of the dividend record date. The penny stock under Rs.20 has announced Rs.40 per share dividend for financial year 2026-27.

The stock has delivered 70.38% return in three months, but it has declined 35.39% over the last six months. As the record date for dividend approaches, here are all the details to know.

The company's board of directors announced Rs.40 per equity share with a face value of Rs.10 each for its eligible shareholders. Which means that the company has announced a 400% dividend of the stock's face value.

"The Board of Directors of the Company has inter-alia considered to pay the Interim Dividend @ 400% (i.e. Rs. ...