Minda Corporation declares interim dividend

India Infoline News Service | Mumbai | February 14, 2017 08:41 IST

Minda Corporation has declared an interim dividend of Rs 0.20 per equity share, which will be paid on or before March 7, 2017.

Financial Graph
Minda Corporation has declared an interim dividend of Rs 0.20 per equity share, which will be paid on or before March 7, 2017.

The stock may spice early in trade on February 14, 2017, which ended in red on Monday. In the last one year, the stock has surged by 7.22%.

UTI and Birla Sun Life Mutual Fund are the two fund houses which have invested in the stock of the company.

The Indian markets may open in green, as the SGX Nifty is trading in green, up by 15.50 points at the time of filing this report. 

Stock view:

Minda Corporation Ltd ended at Rs 98.1, down by Rs 0.4 or 0.41% from its previous closing of Rs 98.5 on the BSE.
 
The scrip opened at Rs 99 and touched a high and low of Rs 99.25 and Rs 95.6 respectively. A total of 575168(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 2053.35 crore.
 
The BSE group 'B' stock of face value Rs 2 touched a 52 week high of Rs 143.6 on 12-Jul-2016 and a 52 week low of Rs 85.5 on 22-Nov-2016. Last one week high and low of the scrip stood at Rs 99.6 and Rs 89.6 respectively.
 
The promoters holding in the company stood at 70.21 % while Institutions and Non-Institutions held 10.72 % and 16.52 % respectively.
 
The stock traded above its 200 DMA.

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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