Shilpa Medicare Announces Interim Dividend Of Rs 0.60 Per Equity Share

The board of directors of Shilpa Medicare has declared an interim dividend of Rs 0.60 per equity share of face value Rs 1, for the financial year 2016-17. The record date for payment of interim dividend is March 21, 2017.

On an yearly basis, the stock has outperformed both BSE Midcap & BSE Healthcare indices. Shilpa Medicare Ltd., is engaged in the business of manufacturing of active pharmaceutical ingredients (APIs) and intermediates or bulk drugs and wind power generation.

The stock is currently trading up by 0.6% or Rs 4 per share. BSE Sensex is currently trading down by 12 points at 28889 levels. BSE Healthcare index is down by 72 points or 0.4% at 15248 level.

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