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Universal Times Magazine > Blog > Other Business News > Rubber and Tire brand Goodyear India announces interim dividend of ₹80/share
Other Business News

Rubber and Tire brand Goodyear India announces interim dividend of ₹80/share

Gaurav Verma
Last updated: 2020/12/07 at 8:29 PM
Gaurav Verma
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The board of Goodyear on December 7, announced an interim dividend of Rs. 80 per equity share of face value of ₹10 each, for the financial Year 2020-21.

Contents
About CompanyDividend DateCompany’s FinancialStock Market Impact

About Company

Goodyear is one of the world’s largest tyre companies.

It has recently forayed into automotive lubricants segment in India. 

The company mainly engage in the business of greases, brake fluid, transmission oil, tractor oil, diesel exhaust fluid, gear oil and hydraulic oils. 

Dividend Date

The interim date of the dividend has been fixed on December 15, 2020 for the purpose. 

Company’s Financial

In September quarter the company had reported net profit of ₹48.56 crore as compared to ₹37.79 crore a year ago.

Revenue from operations rose to ₹481 crore vs ₹454 crore a year ago.

Stock Market Impact

The stock was trading at Rs 1,005.60, up Rs 128.15, or 14.60 percent at 13:36 hours.

It has touched an intraday high of Rs 1,035.00 and an intraday low of Rs 861.05.

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The scrip also witnessed spurt in volume by more than 4.37 times and was trading with volumes of 39,716 shares, compared to its five day average of 6,773 shares, an increase of 486.37 percent.

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Gaurav Verma December 7, 2020 December 7, 2020
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