Stewarts & Lloyds Board recommends 30% dividend

Stewarts & Lloyds of India Ltd has announced that the Board of Directors of the Company at its meeting held on April 30, 2007, inter alia, has recommended a dividend of 30% on the paid up equity share capital of the Company for the financial year 2006-07, subject to approval by the Shareholders in the forthcoming Annual General Meeting of the Company.

The stock closed the day at Rs.131.55, down by Rs.3.50 or 2.59%. The total traded quantity was 300 compared to 2 week average of 865. The stock hit an intraday high of Rs.136 and low of Rs.131.55.

Source : Equity Bulls

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