At the meeting of Board of Directors of Morganite Crucible (India) Limited held on May 21, 2019 started at 12.45 pm and completed on 02.30 pm, the board approved the adoption of Standalone Financial Statements for the financial year ended March 31, 2019.
During the year, the Company has achieved net revenue from operations of Rs. 12,013.66 lakhs and Other Income Rs. 595.12 lakhs with profit for the year of Rs. 1,536.76 lakhs for the financial year ended March 31, 2019.
In view of profitability and performance of the Company during the financial year ending March 31, 2019, the Board of Directors is pleased to recommend a final dividend of Rs. 12/- per equity share subject to approval of members in the ensuing annual general meeting.
Shares of MORGANITE CRUCIBLE (INDIA) LTD. was last trading in BSE at Rs.1484 as compared to the previous close of Rs. 1428.75. The total number of shares traded during the day was 279 in over 16 trades.
The stock hit an intraday high of Rs. 1498.95 and intraday low of 1411.1. The net turnover during the day was Rs. 407828.