Finolex Industries (NSE:FINPIPE, BOM:500940) has an average rating of overweight and mean price target of 217 Indian rupees, according to analysts polled by FactSet.
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The board of Relaxo Footwears (NSE:RELAXO, BOM:530517) has recommended a final dividend of 3.50 Indian rupees per equity share of face value of 1 rupee each for the financial year ended on March 31, according to a Friday filing to the Indian stock exchanges.The record date for deciding the eligible members for the dividend has been fixed as Sept. 18.The company's shares jumped over 16% in recent trade.
Seamec (NSE:SEAMECLTD, BOM:526807) is undertaking a scheduled statutory drydocking of its barge, Seamec Glorious, at SWAN Defence and Heavy Industries' (NSE:SWANDEF, BOM:533107) Pipavav yard in Gujarat, India.The vessel arrived at the Pipavav Yard on Friday and will return to Mumbai after the completion of drydock, according to a filing to the Indian stock exchanges on Friday.The company's shares were down nearly 1% in recent trade.
An attack at Zijin Gold International's (HKG:2259) Buriticá mine in Colombia killed one miner and injured another, El Colombiano reported Thursday.The Chinese miner attributed the attack to illegal miners operating clandestine tunnels in the area, the newspaper said.Forces from Colombian paramilitary group Clan del Golfo, which operates in illegal mining corridors around Zijin's mine, allegedly carried out the attack, the newspaper said, citing authorities.Shares rose 1% in Hong Kong during afternoon trading on Friday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)