Geometric stock closes 11.58% higher on interim dividend

Stock of engineering solutions, services and technologies firm Geometric rose 11.58 per cent on Wednesday after its board of directors announced 150 per cent (Rs 3 per equity share) dividend on the face value of Rs 2 per equity share at a meeting held on 15 March 2016.

The stock closed 20.80 points higher at Rs 200.35 on the BSE on Wednesday.

It opened at Rs 180 level and touched an intra-day high of Rs 202.80 on the BSE.

The interim dividend shall be payable on and from March 30, 2016,  the company said in a statement.

Meanwhile, the Sensex closed 131 points higher at 24,682 points on Wednesday.