AstraZeneca’s Stock Rise 10%, A Day After Dividend Announcement Of Rs 8

AstraZeneca Pharma India Ltd.’s inventory jumped practically 10 per cent, a day after the corporate’s board declared dividend of Rs 8 per share.

Shares of AstraZeneca had been final buying and selling at Rs 2914, practically 10 per cent larger, after hitting a day excessive of Rs 2965.25. The newest commerce determine suggests over Rs 250 pre share achieve from Thursday’s shut of Rs 2649.50.

That follows a inventory change submitting on Thursday which confirmed that the Board of Administrators of the Firm at its assembly held on Might 26, 2022, had advisable a remaining dividend of Rs 8 per fairness share for the earlier monetary yr, 2021-22.