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JSW Energy drops ex-dividend

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Capital Market

Meanwhile, the S&P BSE Sensex was up 148.58 points or 0.76% at 19,824.64.

On BSE, 66,000 shares were traded in the counter as against average daily volume of 4.05 lakh shares in the past one quarter.

The stock hit a high of Rs 44.65 and a low of Rs 44.10 so far during the day. The stock had hit a 52-week low of Rs 39.60 on 27 June 2013. The stock had hit a 52-week high of Rs 75 on 22 January 2013.

The stock had underperformed the market over the past one month till 11 July 2013, sliding 6.89% compared with the Sensex's 2.78% rise. The scrip had also underperformed the market in past one quarter, declining 17.43% as against Sensex's 6.12% gain.

 

The company has equity capital of Rs 1640.05 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 4.35% based on the closing price of Rs 45.95 on Thursday, 11 July 2013.

JSW Energy's consolidated net profit surged 49% to Rs 335.69 crore on 10.9% growth in net sales to Rs 2258.54 crore in Q4 March 2013 over Q4 March 2012.

JSW Energy is a full-spectrum integrated power company with presence across the power value chain of power generation, power transmission, mining, power plant equipment manufacturing and power trading.

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First Published: Jul 12 2013 | 9:56 AM IST

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