The result was announced after market hours yesterday, 25 May 2017.
The stock had risen 3.49% to Rs 124.70 yesterday, 25 May 2017 ahead of the results.
Meanwhile, the S&P BSE Sensex was up 245.97 points or 0.8% at 30,996. The S&P Small-Cap index was up 209.96 points or 1.41% at 15,058.69.
On the BSE, 62,676 shares were traded in the counter so far as against average daily volume of 69,326 shares in the past one quarter.
The stock had hit a high of Rs 130.65 and a low of Rs 126.50 so far during the day. The stock had hit a 52-week high of Rs 150.55 on 28 October 2016. The stock had hit a 52-week low of Rs 94.25 on 25 May 2016. The stock had underperformed the market over the past one month till 25 May 2017, dropping 7.53% compared with 2.69% rise in the Sensex. The scrip, had, however, outperformed the market in past one quarter, gaining 7.36% as against Sensex's 6.43% rise.
The small-cap cement manufacturing company has equity capital of Rs 226.62 crore. Face value per share is Rs 10.
HeidelbergCement India said that the board of directors recommended a dividend of Rs 2 per share for the financial year ended 31 March 2017 (FY 2017).
HeidelbergCement India is a subsidiary of HeidelbergCement Group, Germany. The company has its operations in Central India at Damoh (Madhya Pradesh), Jhansi (Uttar Pradesh) and in Southern India at Ammasandra (Karnataka).
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