Neuland Laboratories Board recommends 25% dividend

Neuland Laboratories Ltd has announced that the Board of Directors of the Company at its meeting held on May 18, 2007 has decided to recommend a divided of 25% i.e. Rs 2.50 per share (previous year Rs 2 per share) to the equity share holders for the financial year 2006-07.

The stock closed the day at Rs.168, up by Rs.1.85 or 1.11%. The total traded quantity was 13503 compared to 2 week average of 4880. The stock hit an intraday high of Rs.170.85 and low of Rs.165.

Source : Equity Bulls

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