The board of directors of Hikal Ltd today approved the subdivision of equity shares of ₹10 each into five shares of ₹2 each. The shares are trading at ₹717.10, down by ₹9.55 on the BSE.

In the quarter ended September 2014, Hikal posted sales of ₹242.88 crore and a net profit of ₹15.25 crore. The EPS for the quarter was ₹9.28, according to BSE data.

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