Riddhi Siddhi Gluco Biol Drops Ex-dividend

Meanwhile, the BSE Sensex fell 160.22 points, or 0.95% to 16,773.61.

BSE, 4341 shares were traded on the counter against the daily average of 10 994 parts in the past quarter.

The share reached a maximum of 311 rupees and a minimum of Rs 303.50 so far during the day. The action peaked at 518.20 rupees October 14, 2010 and about 52 weeks of 259 rupees March 8, 2011.

Small businesses in stock outperformed the market has been the last month until September 16, 2011, gaining 2.74% compared to the Sensex return of 1.21%. Stock Exchange, however, was weaker than the market in the last quarter, up from 5.85% to 6.35% decline in Sensex.

The company has equity of Rs 11.14 crore. Nominal value per share is Rs 10

Before starting the ex-dividend, photography offered a dividend yield of 3.97% based on the closing price of Rs 314.90 Friday, September 16, 2011.

Net income Riddhi Siddhi Gluco Biol ‘increased by 4.3% to Rs 32.52 crore on 37.3% increase in net sales of Rs 277.43 million rupees in June 2011 in Q1 Q1 June 2010.

Riddhi Siddhi Biols gluko Starch is the largest in India and derivatives business. Its products include corn starch powder, liquid glucose, dextrose monohydrate, meltodextrin, maltose corn syrup, dextrose syrup, and related derivatives.


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