Alembic announced that the Board of Directors of the Company at its meeting held on 11 May 2021, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Alembic declined 37.68% to Rs 71.94 crore in the quarter ended March 2021 as against Rs 115.43 crore during the previous quarter ended March 2020. Sales rose 151.66% to Rs 28.89 crore in the quarter ended March 2021 as against Rs 11.48 crore during the previous quarter ended March 2020.

For the full year,net profit rose 4.17% to Rs 342.84 crore in the year ended March 2021 as against Rs 329.12 crore during the previous year ended March 2020. Sales declined 0.55% to Rs 73.52 crore in the year ended March 2021 as against Rs 73.93 crore during the previous year ended March 2020.

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Alembic will hold a meeting of the Board of Directors of the Company on 11 May 2021.

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KSB Ltd, Cera Sanitaryware Ltd, Alkyl Amines Chemicals Ltd, Adani Enterprises Ltd are among the other stocks to see a surge in volumes on NSE today, 23 March 2021.

Alembic Ltd clocked volume of 59.46 lakh shares by 14:19 IST on NSE, a 16.1 times surge over two-week average daily volume of 3.69 lakh shares. The stock gained 9.99% to Rs.111.20. Volumes stood at 2.28 lakh shares in the last session.

KSB Ltd witnessed volume of 1.38 lakh shares by 14:19 IST on NSE, a 5.06 times surge over two-week average daily volume of 27270 shares. The stock increased 4.34% to Rs.832.00. Volumes stood at 19328 shares in the last session.

Cera Sanitaryware Ltd registered volume of 37313 shares by 14:19 IST on NSE, a 4.75 fold spurt over two-week average daily volume of 7851 shares. The stock slipped 2.24% to Rs.3,773.25. Volumes stood at 13076 shares in the last session.

Alkyl Amines Chemicals Ltd witnessed volume of 2.07 lakh shares by 14:19 IST on NSE, a 4.72 times surge over two-week average daily volume of 43967 shares. The stock increased 11.44% to Rs.5,939.80. Volumes stood at 26834 shares in the last session.

Adani Enterprises Ltd clocked volume of 281.42 lakh shares by 14:19 IST on NSE, a 4.09 times surge over two-week average daily volume of 68.81 lakh shares. The stock gained 7.57% to Rs.1,066.10. Volumes stood at 225.96 lakh shares in the last session.

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