Bhushan Steel Board recommends 25% dividend

Bhushan Steel & Strips Ltd has announced that the Board of Directors of the Company at its meeting held on April 30, 2007, inter alia, has recommended dividend @ 25% for the year ended March 31, 2007.

The stock closed the day at Rs.535.95, up by Rs.1.65 or 0.31%. The total traded quantity was 70521 compared to 2 week average of 57713. The stock hit an intraday high of Rs.561 and low of Rs.533.

Source : Equity Bulls

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