Ind-Swift Ltd Board recommends Dividend of 20%

The Board of Directors of Ind-Swift Ltd at its meeting held on August 31, 2011, have recommended dividend @ 1% on Cumulative Redeemable preference shares (Rs. 1/- per share) and 20% on Equity shares (Rs. 0.40 per share).

The stock was trading at Rs.26, up by Rs.0.45 or 1.76%. The stock hit an intraday high of Rs.26.50 and low of Rs.24.30.

The total traded quantity was 0.24 lakhs compared to 2 week average of 0.19 lakhs.

Source : Equity Bulls

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