Last year WATA paid 6 RS dividend. But with improved earnings it can pay 10 Rs dividend as softlogic research report .
If dividend rate 10 RS per share
current price Rs 60
Dividend yield = 10/60*100 = 16.6 % its a super dividend.
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Truly WATA should be traded above ELPL. Today traded big volume and tomorrow it can pass 70 mark.bkasun wrote:WATA will be a really worth share @ current price.. With its earning capacities and dividend payout, this should be traded above ELPL.. Rs. 100 is very realistic target for WATA
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