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Last Updated : May 22, 2017 10:05 AM IST | Source:

Deccan Cements rises 4% on stock split approval

The company's AGM will be held on August 11, 2017.

  • bselive
  • nselive
Todays L/H

Shares of Deccan Cements rose nearly 4 percent intraday Monday on the back stock split approved by the board of directors of the company.

The company at its meeting held on May 19 has approved the sub-division of its 1 equity share of face value Rs 10 each into 2 equity shares of face value Rs 5 each, subject to approval of shareholders at the 37th Annual General Meeting (AGM).

The company's AGM will be held on August 11, 2017.


The company's trailing 12-month (TTM) EPS was at Rs 66.53 per share. (Mar, 2017). The stock's price-to-earnings (P/E) ratio was 18.15.

The share price has increased by 52 percent in the last 6 months.

At 10:01 hrs Deccan Cements was quoting at Rs 1,204.65, up Rs 20.75, or 1.75 percent on the BSE.

Posted by Rakesh Patil

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First Published on May 22, 2017 10:05 am
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