Bhagyanagar India Board recommends 30% dividend

Bhagyanagar India Ltd has announced that the Board of Directors of the Company at its meeting held on May 16, 2007, inter alia, has recommended a dividend @ 30% (Rs 0.60 Paise per share of Rs 2/- each) on the enhanced Paid-up Equity Share Capital of the Company for the year 2006-07.

The stock was trading at Rs.44.20, up by Rs.1.75 or 4.12%. The stock hit an intraday high of Rs.44.55 and low of Rs.42.10. The total traded quantity was 554131 compared to 2 week average of 104419.

Source : Equity Bulls

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