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Shares of VST Industries dipped 9% to Rs 1,600 on the BSE after the stock turned ex-dividend for Rs 70 per share today.
The board of directors of VST Industries on April 21, 2015, had recommended a final dividend of Rs 70 per share for the year 2014-15, subject to approval of the shareholders at the ensuing Annual General Meeting of the company to be held on August 12, 2015.
The board of directors of VST Industries on April 21, 2015, had recommended a final dividend of Rs 70 per share for the year 2014-15, subject to approval of the shareholders at the ensuing Annual General Meeting of the company to be held on August 12, 2015.
At 03:11 PM, the stock was down 7% at Rs 1,625, emerging as the top loser in BSE500 index compared to 0.50% decline in the benchmark S&P BSE Sensex. The trading volumes on the counter more than doubled, with a combined 201,036 shares changing hands on the BSE and NSE so far.
