Subros Board recommends stock split & dividend

Subros Ltd has announced that the Board of Directors of the Company at its meting held on July 30, 2007, inter alia, has recommended sub-divisions of its equity shares of Rs 10/- each into equity share of Rs 2/- each, subject to the shareholders. The Board has also proposed dividend on Equity Shares @ 40%.

The stock closed the day at Rs.230.55, up by Rs.5.60 or 2.49%. The stock hit an intraday high of Rs.233 and low of Rs.225. The total traded quantity was 3697 compared to 2 week average of 5400.

Source : Equity Bulls

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