OIL India Ltd board recommends final dividend of Rs. 1.60 for FY20

The board of directors of OIL India Ltd has recommended Final Dividend of Rs.1.60/- (Rupees one and sixty paisa only) per share (i.e.16% on the paid-up equity share capital) for the financial year 2019-20 subject to approval of the shareholders at the ensuing Annual General Meeting (AGM). The Final dividend 2019-20 would be paid within 30 days from the date of its declaration at the AGM.

Shares of OIL INDIA LTD. was last trading in BSE at Rs.94.4 as compared to the previous close of Rs. 91.2. The total number of shares traded during the day was 269463 in over 3338 trades.

The stock hit an intraday high of Rs. 96 and intraday low of 92.9. The net turnover during the day was Rs. 25402901.

Source : Equity Bulls

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