Tuesday 8 March 2016

Godrej Industries to consider declaration of interim dividend

Godrej Industries Ltd has informed BSE that the company has fixed March 16, 2016 as the Record Date for the purpose of payment of First Interim Dividend.


Godrej Industries Ltd has informed BSE that the company has fixed March 16, 2016 as the Record Date for the purpose of payment of First Interim Dividend.

The said interim dividend, if declared, will be paid on or before March 30, 2016.

Stock view:

Godrej Industries Ltd ended at Rs. 317.4, up by Rs. 4.9 or 1.57% from its previous closing of Rs. 312.5 on the BSE.

The scrip opened at Rs. 314.9 and touched a high and low of Rs. 321.45 and Rs. 313 respectively. A total of 242915(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10664.28 crore.

The BSE group 'A' stock of face value Rs. 1 touched a 52 week high of Rs. 411.55 on 10-Aug-2015 and a 52 week low of Rs. 290.35 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 321.45 and Rs. 290.35 respectively.

The promoters holding in the company stood at 74.81 % while Institutions and Non-Institutions held 17.23 % and 7.97 % respectively.

The stock traded above its 200 DMA.

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