Oriental Hotels Board recommends 95% dividend

Oriental Hotels Ltd has announced that the Board of Directors of the Company at its meeting held on May 17, 2007, inter alia, has recommended a dividend of Rs 9.50 (95%) per equity share for the financial year ended March 31, 2007.

The stock closed the day at Rs.368.30, down by Rs.11.40 or 3%. The stock hit an intraday high of Rs.380 and low of Rs.368.30. The total traded quantity was 951 compared to 2 week average of 505.

Source : Equity Bulls

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