Redington India Board recommends 25% dividend

Redington India Ltd has announced that the Board of Directors of the Company at its meeting held on May 17, 2007, inter alia, has recommended 25% on the paid up share capital of the Company i.e. Rs 2.50 per share, as dividend for the financial year ended March 31, 2007.

The stock closed the day at Rs.174.65, down by Rs.2.85 or 1.61%. The total traded quantity was 912953 compared to 2 week average of 1844319. The stock hit an intraday high of Rs.183.80 and low of Rs.173.20.

Source : Equity Bulls

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