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Gillette India soars on strong March results and dividend announcement

The stock zoomed 13% to Rs 4,973, also its 52-week high on BSE.

Gillette
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SI Reporter Mumbai
Gillette India  zoomed 13% to Rs 4,973, also its 52-week high on BSE in intra-day trade, after the company said its board has declared a special interim dividend of Rs 154 per equity share.

The company has fixed Thursday, May 18, 2017 as the record date for the purpose of payment of said interim dividend. The dividend shall be paid, between May 22, 2017 and June 5, 2017.

The personal products maker has reported a strong 54% year on year (YoY) growth in profit after tax of Rs 106 crore for the quarter ended March 2017.

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