Meanwhile, the BSE Sensex was down 57.47 points, or 0.31% at 18,587.59.
On BSE, 12,282 shares were traded in the counter as against an average daily volume of 34,896 shares in the past one quarter.
The stock hit a high of Rs 80.45 and a low of Rs 79.10 so far during the day. The stock had hit a 52-week high of Rs 93.45 on 7 July 2010 and a 52-week low of Rs 52 on 30 November 2009.
The small-cap stock had outperformed the market over the past one month till 6 September 2010, rising 2.61% as compared to the Sensexs return of 2.29%. It had underperformed the market in the past one quarter, gaining 4.53% as compared to the Sensexs return of 8.43%.
The company has an equity capital of Rs 23.71 crore. Face value per share is Rs 10.
Before turning ex-dividend, the stock offered a dividend yield of 3.09% based on closing price of Rs 81 on Tuesday, 7 September 2010.
Garware-Wall Ropes net profit rose 13.9% to Rs 5.50 crore on 2.7% increase in net sales to Rs 119.38 crore in Q1 June 2010 over Q1 June 2008.
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