Mastek has been a consistent dividend-paying company, rewarding its shareholders with dividend payouts every year since becoming a public company. At its meeting today, the Board declared a final dividend of Rs 7.50 per share. Together with an interim dividend of Rs. 2.50 per share announced earlier, the total dividend for FY2009 amounts to Rs 10.00 per share. This is in line with the company's intent to enable shareholder participation in the company's growth.
The stock closed the day at Rs.246.65, up by Rs.5.45 or 2.26%. The stock hit an intraday high of Rs.255 and low of Rs.227.
The total traded quantity was 89075 compared to 2 week average of 19466.
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Union Budget