The company has recommended a final dividend of Rs. 70/- per equity share of Rs. 10/- each.
VST Industries Ltd announced the following results for the quarter & year ended March 31, 2016.
The company reported Rs.49.3 crore net profit for the quarter ended March 31 compared to Rs.152.20 crore reported in the year-ago period.
The company has recommended a final dividend of Rs. 70/- per equity share of Rs. 10/- each. Further, the dividend will be paid / dispatched on or before August 31, 2016 subject to the approval of the shareholders at the ensuing Annual General Meeting.
Stock view:
VST Industries Ltd ended at Rs. 1699.15, up by Rs. 19.6 or 1.17% from its previous closing of Rs. 1679.55 on the BSE.
The scrip opened at Rs. 1679.5 and touched a high and low of Rs. 1721.15 and Rs. 1679.5 respectively. A total of 5860(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2623.49 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 1845.75 on 17-Nov-2015 and a 52 week low of Rs. 1400 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 1721.15 and Rs. 1655 respectively.
The promoters holding in the company stood at 32.16 % while Institutions and Non-Institutions held 26.62 % and 41.22 % respectively.
The stock traded above its 200 DMA.
VST Industries Ltd announced the following results for the quarter & year ended March 31, 2016.The company reported Rs.49.3 crore net profit for the quarter ended March 31 compared to Rs.152.20 crore reported in the year-ago period.
The company has recommended a final dividend of Rs. 70/- per equity share of Rs. 10/- each. Further, the dividend will be paid / dispatched on or before August 31, 2016 subject to the approval of the shareholders at the ensuing Annual General Meeting.
Stock view:
VST Industries Ltd ended at Rs. 1699.15, up by Rs. 19.6 or 1.17% from its previous closing of Rs. 1679.55 on the BSE.
The scrip opened at Rs. 1679.5 and touched a high and low of Rs. 1721.15 and Rs. 1679.5 respectively. A total of 5860(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2623.49 crore.
The BSE group 'B' stock of face value Rs. 10 touched a 52 week high of Rs. 1845.75 on 17-Nov-2015 and a 52 week low of Rs. 1400 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 1721.15 and Rs. 1655 respectively.
The promoters holding in the company stood at 32.16 % while Institutions and Non-Institutions held 26.62 % and 41.22 % respectively.
The stock traded above its 200 DMA.
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