Steelcast Board recommends 48% dividend

Steelcast Ltd has announced that the Board of Directors of the Company at its meeting held on April 27, 2007, inter alia, has recommended dividend @ Rs 4.80 per equity share (48%) for the year which will be paid after the Annual General Meeting to be held on June 15, 2007.

The stock closed the day at Rs.280.30, up by Rs.0.45 or 0.16%. The total traded quantity was 3514 compared to 2 week average of 4415. The stock hit an intraday high of Rs.284.80 and intraday low of Rs.279.

Source : Equity Bulls

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