Heidelbergcement India announced that the Board of Directors of the Company at its meeting held on 24 May 2018, has recommended a final dividend of Rs.2.50 per share (i.e.25%), subject to the approval of the shareholders.

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Net profit of HeidelbergCement India rose 40.70% to Rs 52.10 crore in the quarter ended March 2018 as against Rs 37.03 crore during the previous quarter ended March 2017. Sales rose 15.79% to Rs 525.43 crore in the quarter ended March 2018 as against Rs 453.77 crore during the previous quarter ended March 2017.

For the full year,net profit rose 74.75% to Rs 133.18 crore in the year ended March 2018 as against Rs 76.21 crore during the previous year ended March 2017. Sales rose 10.25% to Rs 1860.67 crore in the year ended March 2018 as against Rs 1687.61 crore during the previous year ended March 2017.

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Net profit of HeidelbergCement India reported to Rs 31.76 crore in the quarter ended December 2017 as against net loss of Rs 3.58 crore during the previous quarter ended December 2016. Sales rose 24.76% to Rs 483.85 crore in the quarter ended December 2017 as against Rs 387.81 crore during the previous quarter ended December 2016.

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Cipla Ltd are among the other stocks to see a surge in volumes on NSE today, 08 February 2018.

HeidelbergCement India Ltd recorded volume of 14.943 lakh shares by 14:19 IST on NSE, a 9.66 times surge over two-week average daily volume of 1.546 lakh shares. The stock gained 8.800% to Rs.163.2. Volumes stood at 0.841 lakh shares in the last session.

Cipla Ltd registered volume of 65.662 lakh shares by 14:19 IST on NSE, a 4.9 fold spurt over two-week average daily volume of 13.396 lakh shares. The stock rose 6.140% to Rs.604.2. Volumes stood at 31.615 lakh shares in the last session.

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