Rallis India Board recommends 80% dividend

Rallis India Ltd has announced that the Board of Directors of the Company at its meeting held on April 12, 2007, inter alia, has recommended payment of dividend of 7.5% to preference shareholders and a dividend of 80% to the equity shareholders.

The stock was trading at Rs.287.90, up by Rs.26.50 or 10.14%. The stock hit an intraday high of Rs.290 and low of Rs.270. The total traded quantity was 6959 shares compared to 2 week average of 2414.

Source : Equity Bulls

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