Cheer for shareholders: Amrutanjan declares dividend

Amrutanjan Health Care has declared second interim dividend of Rs 1.10 per share for the financial year 2016-17. Currently, the price per earnings (P/E) of the company is 37.78, which is relatively higher than the industry average. 
 
The stock of the Amrutanjan Health Care is trading in red. However, records show that last year, the stock gave a return of 47.95 per cent.
 
Amrutanjan Health Care is engaged in the manufacture of a wide range of ayurvedic and allopathic products. In the last one year, the stock has outperformed small cap and healthcare index. Sundaram Mutual Fund is the top fund house which has invested in the stock.