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Advani Hotels stock hits 20% upper circuit
India Infoline News Service/14:22,Jul 14, 2014
The company has Clarified that it had no such negotiations or even discussions in this respect and hence, the question of giving any intimation to the Stock Exchanges does not arise.
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ITC drops ex-dividend

Capital Market/ 09:18 , May 31, 2013

ITC lost 2.19% to Rs 346.50 at 9:20 IST on BSE as the stock turned ex-dividend today, 31 May 2013, for dividend of Rs 5.25 per share for the year ended 31 March 2013.

Meanwhile, the S&P BSE Sensex was down 115.98 points or 0.57% at 20,099.42.

On BSE, 54,000 shares were traded in the counter as against average daily volume of 5.04 lakh shares in the past two weeks.

The stock hit a high of Rs 352.90 and a low of Rs 344.15 so far during the day.

Before turning ex-dividend, the stock offered a dividend yield of 1.48% based on the closing price of Rs 354.25 on Thursday, 30 May 2013.

ITC's net profit rose 19.4% to Rs 1927.98 crore on 19.2% growth in net sales to Rs 8180.30 crore in Q4 March 2013 over Q4 March 2012.

ITC has a diversified presence in cigarettes, hotels, paperboards & specialty papers, packaging, agri-business, packaged foods & confectionery, information technology, branded apparel, personal care, stationery and other FMCG products. ITC is a market leader in cigarettes.

 



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