EID Parry Board recommend final dividend of 70%

EID Parry India Ltd has announced that the Board of Directors of the Company at its meeting held on May 04, 2007, inter alia, has recommended a final dividend of 70% (Rs 1.40 per share) on the equity capital for the year ended March 31, 2007.

With the Special interim dividend of Rs 4.50 per share (225%) paid in August 2006, the total dividend declared for the year is Rs 5.90 per share (295%).

The stock closed the day at Rs.123.55, up by Rs.0.90 or 0.73%. The stock hit an intraday high of Rs.127.50 and low of Rs.122.50. The total traded quantity was 79257 shares compared to 2 week average of 77783.

Source : Equity Bulls

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