US
Fertiliser producer manages to double revenues, announces Rs2 per share dividend.
Strong local demand, better margins boost bottom-line.
Forward momentum attributable to volumetric growth, record margins, other income.
Announces cash payout of Rs5 per share, taking cumulative payout to Rs15.5.
Analysts say panic fuels selling; bourse will recover on back of strong fundamentals.
The largest fertiliser producer in the country announces a 22.5% cash payout .
Upward trend mainly driven by monetary easing hopes, results season.
Announcement of interim cash dividend of Rs2 per share takes cumulative payout to Rs5.
Results announcement, sector-specific news, lesser investor interest before Eid keep market volatile.
Robust growth stems from a billion rupees increase in revenue, cost-cutting.