Orient Paper Board recommends final dividend of Rs.6

Orient Paper & Industries Ltd has announced that the Board of Directors of the Company at its meeting held on April 30, 2007, inter alia, has recommended a Final Dividend of Rs 6/- per Equity Share for the year ended March 31, 2007. This is in addition to the Interim Dividend of Rs 4/- per Equity Share (40%) declared and paid by the Company during the year.

The stock closed the day at Rs.476.05, up by Rs.18.10 or 3.95%. The stock hit an intraday high of Rs.485 and low of Rs.460. The total traded quantity was 2703 compared to 2 week average of 5124.

Source : Equity Bulls

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