Meanwhile, the BSE Sensex was down 238.79 points, or 1.25% to 18,802.34
On BSE, 3,391 shares were traded in the counter as against an average daily volume of 3,869 shares in the past one quarter.
The stock hit a high of Rs 665 and a low of Rs 647 so far during the day. The stock had hit a 52-week high of Rs 746 on 6 June 2013 and a 52-week low of Rs 560 on 16 April 2013.
The small-cap stock outperformed the market over the past one month till 12 June 2013, rising 22.45% compared with the Sensex's 5.37% decline. The scrip had also outperformed the market in past one quarter, advancing 20.12% as against Sensex's 2.68% fall.
The company has an equity capital of Rs 17.26 crore. Face value per share is Rs 10.
Before turning ex-dividend, the Monsanto India stock offered a dividend yield of 7.01% based on the closing price of Rs 713.50 on Wednesday, 12 June 2013.
Monsanto India's board of directors at its meeting held on 29 May 2013 recommended an interim and special dividend of Rs 50 per share for the year ending 31 March 2014. The company had also recommended a final dividend of Rs 12 per share for the year ended 31 March 2013. The stock turns ex-dividend on 19 July 2013 for the final dividend of Rs 12 per share for the year ended 31 March 2013.
Monsanto India reported net profit of Rs 1.54 crore in Q4 March 2013 as compared to net loss of Rs 7.61 crore in Q4 March 2012. Net sales jumped 93.1% to Rs 69.04 crore in Q4 March 2013 over Q4 March 2012.
Monsanto India, a 72.14% subsidiary of the Monsanto Company, US, focuses on maize seed and agrochemical.
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