DCM declined 0.61% to Rs 89.60 at 15:20 IST on BSE after the stock turned ex-dividend today, 20 November 2015, for interim dividend of Rs 1.50 per share for the year ending 31 March 2016.
Meanwhile, the S&P BSE Sensex was up 19.07 points or 0.07% at 25,860.99.
On BSE, so far 5,449 shares were traded in the counter as against average daily volume of 7,060 shares in the past one quarter.
The stock hit a high of Rs 91.75 and low of Rs 88.05 so far during the day. The stock had hit 52-week high of Rs 128.50 on 5 August 2015. The stock had hit a record low of Rs 72.40 on 17 December 2014.
The stock had outperformed the market over the past one month till 19 November 2015, falling 5.11% compared with Sensex's 5.57% decline. The scrip had also outperformed the market in past one quarter, declining 7.35% as against Sensex's 7.48% fall.
The small-cap company has equity capital of Rs 17.38 crore. Face value per share is Rs 10.
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Before turning ex-dividend, the stock offered a dividend yield of 1.66% based on the closing price of Rs 90.15 yesterday, 19 November 2015.
DCM covers the activities in the areas of automotive engineering products, information technology, cotton yarn and real estate. Major business units are DCM Textiles, DCM Engineering and DCM DataSystems.
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