Dividend recommendation makes Zodiac-JRD-MKJ breach upper circuit
DSIJ Intelligence / 21 Aug 2017
Following the board’s recommendation of 5% dividend (Rs 0.50 per share), the scrip of Zodiac-JRD-MKJ breached the upper circuit at Rs 43.80 during Monday’s trading session.
Following the board’s recommendation of 5% dividend (Rs 0.50 per share), the scrip of Zodiac-JRD-MKJ breached the upper circuit at Rs 43.80 during Monday’s trading session. Earlier, the stock had breached the upper circuit at Rs 41.75 on Friday.
The stock was trading higher by 4.91% intraday at Rs 43.80 per share on the BSE at 1014 hours. It opened at Rs 43 per share and touched its intraday high and low at Rs 43.80 and Rs 42.95 per share respectively. Its 52-week high stood at Rs 55.65 (August 1, 2017) and Rs 26.65 (May 25, 2017). The company is an importer, exporter and manufacturer of cut and polished diamonds, and studded gold jewellery.
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