Indsil Electrosmelts Board recommends 15% dividend

Indsil Electrosmelts Ltd has announced that the Board of Directors of the Company at its meeting held on October 15, 2007, inter alia, has recommended a dividend @ 15% (Rs 1.50 per share) for the year 2006-07, subject to the approval of the shareholders in the ensuing Annual General Meeting.

The stock closed the day at Rs.65, up by Rs.3.05 or 4.92%. The stock hit an intraday high of Rs.65 and low of Rs.63.

The total traded quantity was 25839 compared to 2 week average of 79312.

Source : Equity Bulls

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