Jay Shree Tea Board recommends 25% dividend

Jay Shree Tea & Industries Ltd has announced that the Board of Directors of the Company at its meeting held on April 27, 2007, inter alia, has recommended a dividend for the year 2006-07 @ 25% i.e. Rs 2.50 per share on equity share capital of Rs 10.67 crore.

The stock closed the day at Rs.117.20, down by Rs.3.10 or 2.58%. The total traded quantity was 38621 compared to 2 week average of 41358. The stock hit an intraday high of Rs.121.95 and intraday low of Rs.116.

Source : Equity Bulls

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