SKS Logistics Board recommends 7.5% dividend

SKS Logistics Ltd has announced that the Board of Directors of the Company at its meeting held on August 14, 2007, inter alia, has approved dividend at the rate of Rs 0.75 per equity shares of Rs 10/- each for the year ended March 31, 2007 and recommended for the approval of shareholders in the Annual General Meeting on September 27, 2007.

The stock was trading at Rs.30.95, up by Rs.1.90 or 6.54%. The stock hit an intraday high of Rs.31.50 and low of Rs.28.90. The total traded quantity was 18617 compared to 2 week average of 11298.

Source : Equity Bulls

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