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Stock Report
Pratibha Industries Board recommends 20% final dividend
Posted On : 2007-05-11 03:16:06( TIMEZONE : IST )
Pratibha Industries Ltd has announced that the Board of Directors of the Company at its meeting held on May 11, 2007, inter alia, has recommended a final dividend @ 20% i.e. Rs 2.00 per share on 1,42,85,000 equity shares of the Company.
Further the Company has informed that, the Board has approved further issue of equity shares not exceeding US $ 25 million, subject to approval of shareholders, etc.
The stock was trading at Rs.223, up by Rs.5.05 or 2.32%. The stock hit an intraday high of Rs.226.90 and low of Rs.214. The total traded quantity was 348677 compared to 2 week average of 187537.
