D&H Welding Electrodes Board recommends 10% dividend

D&H Welding Electrodes India Ltd has announced that the Board of Directors of the Company at its meeting held on August 09, 2007, inter alia, has recommended payment of dividend @ 10% i.e. Re 1 per share for the Financial Year 2006-2007 subject to the approval of members at the AGM.

The stock closed the day at Rs.35.80, down by Rs.2.80 or 7.25%. The stock hit an intraday high of Rs.40.50 and low of Rs.35.20. The total traded quantity was 24077 compared to 2 week average of 15832.

Source : Equity Bulls

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