Brigade Enterprises lost 1.4% to Rs 56.20 at 11:34 IST on BSE as the stock turned ex-dividend today, 22 July 2013, for dividend of Rs 1.50 per share for the year ended 31 March 2013.
Meanwhile, the S&P BSE Sensex was up 84.68 points or 0.42% at 20,234.53.
On BSE, 1,635 shares were traded in the counter as against average daily volume of 4,439 shares in the past two weeks
The stock hit a high of Rs 56.50 and a low of Rs 55.05 so far during the day.
Before turning ex-dividend, the stock offered a dividend yield of 2.63% based on the closing price of Rs 57 on Friday, 19 July 2013.
Brigade Enterprises' net profit jumped 253.5% to Rs 28.39 crore on 157.4% growth in net sales to Rs 270.01 crore in Q4 March 2013 over Q4 March 2012.
Bangalore-based realty developer Brigade Enterprises has presence in residential, commercial and retail segments.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app