3M India reported highest-ever gross and Ebitda margins, led by improved product mix. Its safety & industrials segment reported strong EBIT growth of 95.5 per cent YoY, led by improved product mix and low base.
The 3M India stock is in bull run, having rallying 22 per cent from its 52-week low of Rs 25,714.35 hit in March this year. Still, the stock is down 10.82 per cent for the one-year period.
3M India shares will turn ex-dividend today. The company had announced a final dividend of Rs 160 per share and a special dividend of Rs 525 apiece. Friday is also the record date for the purpose of determining eligible 3M India shareholders.
3M India shares slipped 2.24% to Rs 29,443 against the previous close of Rs 30811.25 on BSE. Market cap of the firm fell to Rs 33,546 crore.
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Shares of Easy Trip Planners will go ex-split from face value of Rs 2 to Re 1 each. They will also go ex-bonus in the 3:1 ratio. 3M India will go ex-dividend today. The company had announced a special dividend of Rs 850 per share





