Bhansali Engineering Polymer Shares Fall After Going Ex- Dividend Date

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A polymer strip is imbedded by machine into the security paper during the production process at the Landqart AG paper mill in Landquart, Switzerland (Photographer Gianluca Colla/Bloomberg)

Shares of Bhansali Engineering Polymer Ltd. declined on Friday as the company went ex-date for the upcoming dividend.

The final dividend price was set at Rs 1 per share, and the special dividend price was set at Rs 14 per share.

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Shares of Bhansali Engineering Polymer Ltd. fell 12.66% to Rs 138.65 apiece, compared to a 0.06% decline in the Nifty 50 as of 10:46 a.m.

The stock was trading at a 12.82% low intraday. The total traded quantity so far in the day stood at 1.5 times the 30-day average volume.

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