Manappuram General Finance & Leasing Ltd has announced that the Board of Directors of the Company at its meeting held on May 12, 2007 has recommended a dividend of 18% on the equity share capital of the Company, for the financial year 2006-07. This will be placed before the next annual general meeting for approval of the shareholders.
The stock was trading at Rs.53.45, up by Rs.2.50 or 4.91%. The stock hit an intraday high of Rs.53.45 and low of Rs.53.45. The total traded quantity was 2630 compared to 2 week average of 9815.