/ Ways2Capital : Wheels India Ltd Announces Interim Dividends Of Rs 5 Per Share ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 9 February 2017

Wheels India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2017, inter alia, has approved payment of interim dividend for the financial year ending March 31, 2017 at Rs. 5/- per share (50%) on 1,20,32,279 equity shares of Rs. 10/- each fully paid up.

The Interim Dividend will be paid on or before March 10, 2017 to the shareholders / beneficial owners of the Company. Wheels India Ltd is currently trading at Rs 1287, up by Rs 47.3 or 3.82% from its previous closing of Rs 1239.7 on the BSE.

The scrip opened at Rs 1271.45 and has touched a high and low of Rs 1370.15 and Rs 1259.3 respectively. So far 23066(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1491.64 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1417 on 09-Aug-2016 and a 52 week low of Rs 771 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 1281.95 and Rs 1222 respectively.

The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 7.82 % and 17.18 % respectively. The stock is currently trading above its 100 DMA.

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