Bengaluru, May 25 -- India's industrial minerals sector got a reason to cheer as one of its leading players closed FY26 on a firm note, reporting double-digit profit growth and charting a clear roadmap for capacity expansion even as its core end-market - the paints industry - faced a challenging year. Adding to the cheer, the company declared a dividend of Rs.1.25 per share on a face value of Rs.5, translating to a payout of 25%.

Shares of 20 Micron Limited, with a market capitalization of Rs. 709 crore, are trading at a price of Rs.199 i.e. 12% up from its previous closing price of Rs.177.65. It made a high of Rs.207.1 in Monday's trading session i.e. approx 16% above its previous closing price. It is trading at a P/E ratio of 20.6.

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