Accelya Kale Solutions rallies on dividend bounty

The board has declared an interim dividend of Rs 30 per equity share.

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SI Reporter Mumbai
Last Updated : May 03 2013 | 9:48 AM IST
Accelya Kale Solutions is locked in upper circuit of 10% at Rs 416 on BSE after its board declared an interim dividend of Rs 30 per equity share.

Meanwhile, mid-sized IT consulting and software firm has reported almost three-fold jump in its consolidated net profit at Rs 24 crore for the third quarter ended March 2013 driven by greater transaction volumes. The company had profit of Rs 8.75 crore in a year ago quarter.

During the quarter under review, the company’s consolidated operating income grew 51% at Rs 78.86 crore against Rs 52.19 crore in the corresponding quarter of previous year.

A combined 12,873 shares changed hands on the counter and there are pending buy orders for 106,487 shares on BSE and NSE at 0944 hours.
 
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First Published: May 03 2013 | 9:44 AM IST

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