Orissa Minerals Development Company has informed that in the last Board Meeting on May 26, 2016 the accounts of the Company was passed and the Statement of Audited Financial Results for 4th Quarter and Year ended March 31, 2016, Statement of Assets & Liabilities as on March 31, 2016 and Audited Segment wise Revenue, Results & Capital Employed were uploaded. The Note No. 5 under the Audited Segment wise Revenue, Results & Capital Employed mentions that the Board of Directors has recommended dividend of 15% on the available surplus for the year 2015-16 (i.e, Rs 2.70 per equity share of Re 1 each) subject to the approval of the shareholders of the ensuing Annual General Meeting. There was a typographical error of Dividend per share which should be Rs 2.66 per equity share of Re 1 each instead of Rs 2.70 per share. There is no change in any other financial figure in Profit & Loss Account, Balance Sheet, Total Dividend Amount & percentage of Dividend. In the ensuing Board Meeting (in July/August), the Company shall be rectifying the typographical error of Dividend per Share as Rs 2.66 per share in place of Rs 2.70 per share.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Coal India | 485.10 |
| NMDC | 251.25 |
| GMDC | 391.00 |
| Sandur Manganese | 556.75 |
| MOIL | 522.80 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
