Friday, 4 March 2016

Zydus Wellness to consider declaration of interim dividend

The company to consider, the proposal for declaration of Interim Dividend, if any, for the financial year 2015-2016 and fixing Record Date for the purpose.


Zydus Wellness
Zydus Wellness Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 04, 2016, to consider, the proposal for declaration of Interim Dividend, if any, for the financial year 2015-2016 and fixing Record Date for the purpose.

Further, as per code of conduct for prevention of Insider Trading adopted by the Company under SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window will remain closed from March 02, 2016 to March 07, 2016 for all Directors and Designated Officers of the Company.

Stock view:

Zydus Wellness Ltd ended at Rs. 694.05, up by Rs. 3.3 or 0.48% from its previous closing of Rs. 690.75 on the BSE.

The scrip opened at Rs. 695 and touched a high and low of Rs. 695.2 and Rs. 687.05 respectively. A total of 2690(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2711.65 crore.

The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 1130.3 on 19-Mar-2015 and a 52 week low of Rs. 632 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 698.5 and Rs. 640.5 respectively.

The promoters holding in the company stood at 72.54 % while Institutions and Non-Institutions held 12.92 % and 14.53 % respectively.

The stock traded above its 200 DMA.

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