Bharat Bijlee Ltd has announced that the Board of Directors of the Company at its meeting held on May 10, 2007, inter alia, has recommended a dividend of Rs 25 (250%) per equity share of Rs 10/- each subject to the approval of shareholders at the ensuing Annual General Meeting.
The stock closed on Friday at Rs.1637.45, up by Rs.95.35 or 6.18%. The total traded quantity was 105972 compared to 2 week average of 26446. The stock hit an intraday high of Rs.1675 and low of Rs.1540.