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Stock Report
Investment & Precision Board recommends 23% dividend
Posted On : 2007-05-09 05:04:58( TIMEZONE : IST )
Investment & Precision Castings Ltd has announced that the Board of Directors of the Company at its meeting held on May 09, 2007, inter alia, has recommended payment of Dividend @ Rs 2.30 per equity share (23%) for the Financial Year 2006-2007.
Further the Company has informed that, Mr. Bharat K Shah has resigned as a Director from the Board of Directors of the Company effective from May 09, 2007.
The stock closed the day at Rs.164, up by Rs.1.45 or 0.89%. The stock hit an intraday high of Rs.165 and low of Rs.162.25. The total traded quantity was 3166 compared to 2 week average of 2288.
