Kewal Kiran Board recommends 25% dividend

Kewal Kiran Clothing Ltd has announced that the Board of Directors of the Company at its meeting held on May 15, 2007, inter alia, has recommended a dividend @ 25% i.e. Rs 2.50 per share on 1,23,25,037 equity shares of Rs 10 each, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

The stock was trading at Rs.196, down by Rs.4.20 or 2.10%. The stock hit an intraday high of Rs.196.45 and low of Rs.190.15. The total traded quantity was 1206 compared to 2 week average of 2648.

Source : Equity Bulls

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