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Magna Electro Castings Ltd Board approves interim dividend of Rs. 2.50 for 2019-20

Posted On: 2020-02-13 14:32:55

The Board of Directors of Magna Electro Castings Ltd at its meeting held on February 13, 2020, have considered and approved declaration of interim dividend of Rs.2.50 per share (i.e.25%) of Rs.10 each of fully paid up equity shares of the Company for the financial year 2019-20.

The Board has fixed record date on 26th of February, 2020 for payment of Interim Dividend for the financial year 2019-20 at its meeting held on 13th February, 2020.

Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs.140 as compared to the previous close of Rs. 150.95. The total number of shares traded during the day was 1770 in over 58 trades.

The stock hit an intraday high of Rs. 165.9 and intraday low of 140. The net turnover during the day was Rs. 258730.


Source: Equity Bulls

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