Petronet LNG Board recommends 12.5% dividend

Petronet LNG Ltd has announced that the Board of Directors of the Company at its meeting held on April 16, 2007, inter alia, has recommended dividend @ 12.5% on Paid up Share Capital of the Company (i.e. Rs 1.25 per share) for the year ended March 31, 2007.

The stock closed the day at Rs.46.45, up by Rs.1.45 or 3.22%. The stock hit an intraday high of Rs.47.25 and low of Rs.45.70. The total traded quantity was 2758248 shares compared to 2 week average of 1863205.

Source : Equity Bulls

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