Moneycontrol Be a Pro
Get App
Last Updated : Nov 15, 2019 10:26 AM IST | Source: Moneycontrol.com

Balkrishna Industries share price jumps 4% after Q2 PAT rises

The board has declared second interim dividend of Rs 2 per equity share.

Representative Image
Representative Image
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Share price of Balkrishna Industries jumped more than 4 percent in the morning trade on November 15 after the company's net profit rose 39.9 percent to Rs 294.3 crore.

EBITDA went down 15 percent to Rs 273.1 crore, while margin stood at 25.2 percent versus 24.5 percent. Revenue fell 17.3 percent to Rs 1,084.3 crore.

The board declared second interim dividend of Rs 2 per equity share (100 percent) on the equity shares of Rs 2 each (face value) for the financial year 2019-2020 and the payment thereof shall be credited/dispatched on or after November 26, 2019 to such shareholders as on Record Date, the company said in a filing to the exchanges.

Close
At 1014 hours , Balkrishna Industries was quoting at Rs 854.05, up Rs 31.20, or 3.79 percent. It has touched an intraday high of Rs 862.00 and an intraday low of Rs 813.90. The stock also witnessed spurt in volume by more than 1.01 times.

Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Nov 15, 2019 10:26 am
Loading...
Follow us on
Available On