After the company posted a solid set of Q4 numbers and declared a massive ₹165 per share dividend, including two special payouts.
Pfizer share price today, 20 May 2023, saw a sharp rally of 12 per cent after the company reported a strong set of Q4 numbers and declared a massive ₹165 per share dividend, including two special payouts. The pharma major reported a net profit of $330.94 crore for the March 2025 quarter, an 85 per cent jump compared to $178.86 crore in the same period last year. Revenue rose 8 per cent year-on-year to $591.91 crore. The board also approved a $35 final dividend, $100 to commemorate 75 years in India, and $30 as a one-time special payout from land-related gains. This announcement was made after the board meeting held on 19 May.
Pfizer share price
The sharp rally in Pfizer share price today has been backed by strong earnings and an unexpectedly large dividend, which has shifted sentiment firmly in favour of the bulls. That said, the stock looks slightly stretched after today’s big move.
With momentum indicators running hot, some profit-taking or range-bound action can’t be ruled out in the short term. If Pfizer manages to stay above ₹4,800, the overall setup still looks healthy. A strong push past ₹5,100 could open the way toward ₹5,420 in the days ahead.
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