Indo National announced that the Board of Directors of the Company at its meeting held on 29 June 2020, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Net loss of Indo National reported to Rs 17.42 crore in the quarter ended March 2020 as against net profit of Rs 6.97 crore during the previous quarter ended March 2019. Sales declined 9.20% to Rs 110.61 crore in the quarter ended March 2020 as against Rs 121.82 crore during the previous quarter ended March 2019.

For the full year,net profit declined 92.35% to Rs 1.41 crore in the year ended March 2020 as against Rs 18.42 crore during the previous year ended March 2019. Sales rose 14.65% to Rs 508.17 crore in the year ended March 2020 as against Rs 443.23 crore during the previous year ended March 2019.

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Skipper Ltd, Oswal Agro Mills Ltd, Nitin Spinners Ltd and Orbit Exports Ltd are among the other gainers in the BSE's 'B' group today, 23 June 2020.

Indo National Ltd spiked 19.99% to Rs 624.75 at 12:06 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3916 shares were traded on the counter so far as against the average daily volumes of 440 shares in the past one month.

Skipper Ltd surged 19.97% to Rs 47.15. The stock was the second biggest gainer in 'B' group. On the BSE, 2.28 lakh shares were traded on the counter so far as against the average daily volumes of 25553 shares in the past one month.

Oswal Agro Mills Ltd soared 19.96% to Rs 11.6. The stock was the third biggest gainer in 'B' group. On the BSE, 70951 shares were traded on the counter so far as against the average daily volumes of 20737 shares in the past one month.

Nitin Spinners Ltd advanced 19.93% to Rs 53.25. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.54 lakh shares were traded on the counter so far as against the average daily volumes of 11239 shares in the past one month.

Orbit Exports Ltd gained 17.09% to Rs 72.95. The stock was the fifth biggest gainer in 'B' group. On the BSE, 13728 shares were traded on the counter so far as against the average daily volumes of 1254 shares in the past one month.

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Indo National has signed Indian cricketer Rohit Sharma as its brand ambassador to promote its portfolio of products comprising of Dry-Cell Batteries, Torches and Mosquito Bats.

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