Everest Industries Declares Dividend, Surges Over 6%


Shares of Everest Industries surged over 6% on BSE after the board of directors of the company in its AGM has declared a dividend of Rs 1 per equity share.

The shares of the company on NSE started their day’s trade Rs 282 per share touched a high of Rs 310.95 per share and a low of Rs 281.45 per share.

The total traded quantity of the shares stands at 0.89 lakhs on BSE. The stock has also spurted over 4.46 times in today’s intraday trade on BSE.

The company's Q4 net profit spiked by 18.5% at Rs 14.1 crore versus Rs 11.9 crore, in the same quarter last fiscal. Total income of the company was down 4% at Rs 323.7 crore versus Rs 337.3 crore. The company's operating profit (EBITDA) was up 4.4% at Rs 28.3 crore and EBITDA margin was up at 8.7%

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