Tube Investments Board recommends 75% dividend

Tube Investments of India 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 of 75% (Rs 1.50 per share) for the financial year ended March 31, 2007.

The stock closed the day at Rs.67.30, down by Rs.0.70 or 1.03%. The total traded quantity was 59557 compared to 2 week average of 60776. The stock hit an intraday high of Rs.68.90 and intraday low of Rs.67.

Source : Equity Bulls

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