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.
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.
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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