Hot Pursuit     15-Jul-11
KSE plunges ex-dividend
KSE fell 4.28% to Rs 208 at 15:25 IST on BSE, after the stock turned ex-dividend today, 15 July 2011, for dividend of Rs 10 per share for the year ended March 2011.

Meanwhile, the BSE Sensex was down 59.89 points, or 0.32%, to 18,558.31.

On BSE, 1,335 shares were traded in the counter as against an average daily volume of 722 lakh shares in the past one quarter.

The stock hit a high of Rs 210 and a low of Rs 207.95 so far during the day.

The company has an equity capital of Rs 3.20 crore. Face value per share is Rs 10.

Before turning ex-dividend, the stock offered a dividend yield of 4.6% based on the closing price of Rs 217.30 on Thursday, 14 July 2011.

KSE's net profit jumped 110.4% to Rs 4.23 crore on 26% rise in net sales to Rs 123.75 crore in Q4 March 2011 over Q4 March 2010.

KSE is engaged in the production of cattle feed, solvent extracted coconut oil, rice bran oil, de-oiled and oiled coconut cakes and other oil cakes.

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