Kandagiri Spinning Board recommends 50% dividend

Kandagiri Spinning Mills Ltd has announced that the Board of Directors of the Company at its meeting held on May 09, 2007, inter alia, has recommended a dividend of Rs 5.00 per share of face value of Rs 10 each.

The stock closed the day at Rs.89.90, down by Rs.1.65 or 1.80%. The total traded quantity was 1500 compared to 2 week average of 1467. The stock hit an intraday high of Rs.92 and low of Rs.87.50.

Source : Equity Bulls

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