Meanwhile, the BSE Sensex was down 174.84 points, or 1.1% to 15,706.30.
On BSE, 84,000 shares were traded in the counter as against average daily volume of 2.96 lakh shares over past one quarter.
The stock hit a high of Rs 95.30 and a low of Rs 92 so far during the day. The stock had hit a 52-week low of Rs 79 on 22 November 2011. The stock hit a 52-week high of Rs 162 on 26 July 2011.
The small-cap stock had underperformed the market over the past one month till 14 December 2011, falling 23.3% compared with Sensex's 7.23% decline. The scrip had also underperformed the market over the past one quarter, declining 25.8% as against Sensex's 4.96% fall.
The company has an equity capital of Rs 38.06 crore. Face value per share is Rs 10.
Before turning ex-dividend, the stock offered a dividend yield of 1.59% based on the closing price of Rs 94.50 on Wednesday, 14 December 2011.
Usher Agro's net profit jumped 40.9% to Rs 11.47 crore on 59.5% spurt in net sales to Rs 182.60 crore in Q1 September 2011 over Q1 September 2010.
Usher Agro's products include rice, wheat, wheat products, foodstuffs & food grains. The products are marketed under the brand name Rasoi Raaja.
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