NALCO jumps 4% intraday on announcing record dividend for FY19 - Highlight Investment Research

Breaking

We are Best advisory company and SEBI Registered Investment Adviser in India, We Provide sure shot call and 100% Research Based Calls to our clients.

Thursday 19 September 2019

NALCO jumps 4% intraday on announcing record dividend for FY19

National Aluminum Company (NALCO) Ltd. is currently trading up by 1% after spiking 4% in opening trade. 

The company announced a record dividend on September 19 since its inception.
The company will give a 115% dividend for 2018-19, which is Rs5.75/equity share of Rs5 each.

The total dividend for the financial year 2018-19 works out to Rs1,072.73cr.

National Aluminium Company Ltd is currently trading at Rs44.85 up by Rs0.35 or 0.79% from its previous closing of Rs44.50 on the BSE.

The scrip opened at Rs46 and has touched a high and low of Rs46.40 and Rs44.75  respectively. So far 98,56,191 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs8,302cr. 





No comments:

Post a Comment