/ Sagar Cements Recommends A Dividend Of Rs 1.50 Per Share ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 30 May 2017

Sagar Cements on Monday informed that the board of directors at its meeting held on May 29, 2017, has recommended a dividend of Rs 1.50 per share (15%) on the equity shares of the company for the year ended March 31, 2017, as per BSE filing.

The company posted a standalone net profit of Rs 3.62 crore for the quarter ended March 31, 2017, a decline of 75.10%, as compared to a net profit of Rs 14.59 crore in the same quarter of the previous year.

Meanwhile, Sagar Cements is down by 2.2% at Rs 834.45 per share at 15:11 hours IST on BSE. It hit a high of Rs 845 and a low of Rs 810.05 so far during the day. Sagar Cements Limited is engaged in the business of cement and cement-related products.

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