/ Somany Ceramics Recommends Dividend Of Rs 2.70 Per Share ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 24 May 2017

Somany Ceramics on Wednesday is down by 2.27% at Rs 726 per share at 15:17 hours IST on BSE. It hit a high of Rs 790 and a low of Rs 705 during the day.

Somany Ceramics on Wednesday reported a standalone net profit of Rs 25 crore for the quarter ended March 31, 2017, as against Rs 26.06 crore for the same quarter in the previous year, as per BSE filing.

The board of directors at its meeting held on May 24, 2017, has recommended payment of dividend at 135 % i.e. Rs. 2.70 per equity share of Rs. 2 each, for the financial year ended March 31, 2017.

Somany Ceramics Limited is a manufacturer and marketer of tiles and offers a range of sanitary ware and bath fittings.

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