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.
Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal.
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