Birla Corporation Limited recommends a dividend of Rs 7.50
Birla Corporation Limited:
The Board has considered and recommended at its meeting held on 22nd May 2020 a dividend of Rs 7.5% (i.e. 75%) per share of 7,70.05.347 ordinary shares for the 2019-20 fiscal year payable within 10 days after approving by the shareholders at the Annual General Meeting of Birla Corporation Limited.
During the day, 11852 shares traded in more than 1034 trades. The stock reached Rs 420 intraday high and Rs 400.5 intraday low. The net sales Rs. 4822349 during the day.
Besides, on May 22nd, the share of Birla Corporation Limited traded with the bearish trend. It traded with a loss of 3.65 points reached 409.00 INR with 0.88% down in NSE. Whereas in BSE, it traded with a loss of 5.70 points reached 405.75 INR with 1.39% down.
May 22nd Stock Market Update
May 22nd Stock Market: On the fifth day of the week, the stock market trading with the bearish trend. The Sensex trades with a loss of 260.31 points reached a 30,672.59 level with 0.84% down. Whereas, Nifty traded with a loss of 67.00 points reached 9,039.25 level with 0.74% down.
In the border market, the S&P BSE Midcap traded with a loss of 93.82 points reached 11,270.02 level with 0.83% down. Whereas, S&P BSE SmallCap traded with a loss of 23.90 points reached 10,524.23 level with 0.23% down. At the same time, Nifty bank traded with a loss of 456.20 points reached 17,278.90 with 2.57% down.
Top Gainers: Zee Entertainment, M&M, Cipla, Shree Cements, and Infosys Ltd
Top Losers: Axis Bank, HDFC Bank, Bajaj Finserv, Bajaj Finance, and ICICI Bank Ltd.