Himatsingka Seide announced that the Board of Directors of the Company at its meeting held on 04 July 2020, inter alia, have recommended the final dividend of Rs.0.50 per equity Share (i.e. 10%), subject to the approval of the shareholders.

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Omaxe Ltd, Future Lifestyle Fashions Ltd, Future Retail Ltd and Reliance Infrastructure Ltd are among the other losers in the BSE's 'A' group today, 06 July 2020.

Himatsingka Seide Ltd crashed 6.34% to Rs 59.85 at 14:53 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 69425 shares were traded on the counter so far as against the average daily volumes of 51824 shares in the past one month.

Omaxe Ltd tumbled 5.00% to Rs 97.85. The stock was the second biggest loser in 'A' group.On the BSE, 1325 shares were traded on the counter so far as against the average daily volumes of 1.41 lakh shares in the past one month.

Future Lifestyle Fashions Ltd lost 4.98% to Rs 147.75. The stock was the third biggest loser in 'A' group.On the BSE, 82672 shares were traded on the counter so far as against the average daily volumes of 1.05 lakh shares in the past one month.

Future Retail Ltd shed 4.98% to Rs 129.75. The stock was the fourth biggest loser in 'A' group.On the BSE, 3.86 lakh shares were traded on the counter so far as against the average daily volumes of 8.77 lakh shares in the past one month.

Reliance Infrastructure Ltd pared 4.94% to Rs 38.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 56790 shares were traded on the counter so far as against the average daily volumes of 7.92 lakh shares in the past one month.

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Net loss of Himatsingka Seide reported to Rs 68.84 crore in the quarter ended March 2020 as against net profit of Rs 48.37 crore during the previous quarter ended March 2019. Sales declined 37.09% to Rs 434.60 crore in the quarter ended March 2020 as against Rs 690.86 crore during the previous quarter ended March 2019.

For the full year,net profit declined 93.27% to Rs 13.25 crore in the year ended March 2020 as against Rs 196.84 crore during the previous year ended March 2019. Sales declined 9.92% to Rs 2357.93 crore in the year ended March 2020 as against Rs 2617.65 crore during the previous year ended March 2019.

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Himatsingka Seide will hold a meeting of the Board of Directors of the Company on 29 June 2020.

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