Hindustan Zinc fell 3.22% to Rs 302.45 at 12:53 IST on BSE on turning ex-dividend today, 23 March 2018, for interim dividend of Rs 6 per share for the year ending 31 March 2018.
Meanwhile, the S&P BSE Sensex was down 430.67 points or 1.3% at 32,575.60.
On the BSE, 53,000 shares were traded on the counter so far as against the average daily volumes of 1.99 lakh shares in the past one quarter. The stock had hit a high of Rs 304.50 and a low of Rs 296.45 so far during the day. The stock had hit a record high of Rs 339.55 on 26 February 2018 and a 52-week low of Rs 226.75 on 25 May 2017.
The large-cap company has equity capital of Rs 845.06 crore. Face value per share is Rs 2.
Before turning ex-dividend, the stock offered a dividend yield of 1.92% based on the closing price of Rs 312.50 on BSE yesterday, 22 March 2018.
Hindustan Zinc's net profit fell 3.9% to Rs 2230 crore on 18.7% growth in net sales to Rs 5922 crore in Q3 December 2017 over Q3 December 2016.
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Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal.
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