- Disa India slumps ex-dividend
Hot Pursuit Monday, April 30, 2012 11:26 Hrs IST

Print this page

Disa India slumps ex-dividend

Disa India lost 8.32% to Rs 3,401 at 11:13 IST on BSE after the stock turned ex-dividend today, 30 April 2012, for a dividend of Rs 200 per share for the year ended 31 December 2011.

Meanwhile, the BSE Sensex was up 127.01 points, or 0.74% to 17,314.35

On BSE, 546 shares were traded in the counter as against average daily volume of 1,218 shares over the past one quarter.

The stock hit a high of Rs 3,505 and a low of Rs 3,380 so far during the day. The stock had hit a record high of Rs 3,944.45 on 19 April 2012. The stock had hit a 52-week low of Rs 1,370 on 24 August 2011.

The stock had outperformed the market over the past one month till 28 April 2012, rising 32.64% compared with the Sensex's return of 0.38%. The scrip had also outperformed the market in past one quarter, advancing 140.92% as against 0.27% decline in the Sensex.

The small-cap engineering firm has an equity capital of Rs 1.51 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 5.39% based on the closing price of Rs 3,709.55 on Saturday, 28 April 2012.

At the time of announcing the Q4 December 2011 results on 29 February 2012, Disa India's board had declared a liberal dividend of Rs 200 per share for the year ended 31 December 2011.

Disa India manufactures foundry machinery like moulding plants, sand plants and shot blasting machines.

The company's net profit rose 45.2% to Rs 12.37 crore on 33.1% growth in net sales to Rs 58.68 crore in Q4 December 2011 over Q4 December 2010.

Previous Stories
More 4
Other Stories
4  Sun Pharmaceutical Industries leads gainers in 'A' group (20-Aug 16:07 Hrs IST)
4  Ramco Systems hit 52-week high (20-Aug 15:16 Hrs IST)
4  OBC, Dena Bank slide on reports of misappropriation of funds (20-Aug 14:51 Hrs IST)
4  Venus Remedies jumps on Swiss nod for anti-cancer drug (20-Aug 14:49 Hrs IST)
4  Suzlon Energy drops on profit booking (20-Aug 14:15 Hrs IST)
4  Lumax Industries jumps over 29% in four sessions (20-Aug 14:08 Hrs IST)
4  Volumes jump at FDC Counter (20-Aug 13:43 Hrs IST)
4  Indiabulls Real Estate corrects on profit booking (20-Aug 13:20 Hrs IST)
4  Select stocks drop ex-dividend (20-Aug 13:07 Hrs IST)
4  Cadila Healthcare jumps after USFDA OK for anti-viral drug (20-Aug 12:49 Hrs IST)