Century Plyboards to consider declaration of interim dividend

The company has fixed March 16, 2016 as the Record Date for the purpose of Payment of Interim Dividend, if declared by the Board.

Century Plyboards (India) Ltd has informed BSE that the company has fixed March 16, 2016 as the Record Date for the purpose of Payment of Interim Dividend, if declared by the Board.

Stock commentary:

Century Plyboards (India) Ltd ended at Rs. 168.55, up by Rs. 2.9 or 1.75% from its previous closing of Rs. 165.65 on the BSE.

The scrip opened at Rs. 167 and touched a high and low of Rs. 169.6 and Rs. 164 respectively. A total of 137639(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3745.18 crore.

The BSE group 'B' stock of face value Rs. 1 touched a 52 week high of Rs. 258 on 24-Mar-2015 and a 52 week low of Rs. 135.45 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 169.6 and Rs. 145.55 respectively.

The promoters holding in the company stood at 73.34 % while Institutions and Non-Institutions held 13.98 % and 12.68 % respectively.

The stock traded below its 200 DMA.