Jay Bharat Maruti Board recommends 20% dividend

Jay Bharat Maruti Ltd has announced that the Board of Directors of the Company at its meeting held on April 16, 2007, inter alia, has recommended Dividend @ 20% on 21650000 equity shares of Rs 5/- each for the financial year ended March 31, 2007 i.e. Re 1/- per fully paid equity share of the Company.

The stock was trading at Rs.43, up by Re.0.25 or 0.58%. The stock hit an intraday high of Rs.43.45 and low of Rs.42.10. The total traded quantity was 126 compared to 2 week average of 4465.

Source : Equity Bulls

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