Panasonic Carbon Board recommends 60% dividend

Panasonic Carbon India Company Ltd has announced that the Board of Directors of the Company at its meeting held on April 20, 2007, inter alia, has recommended a dividend of 60% for the financial year ended March 31, 2007 on the paid up capital of Rs 4.80 crores. The date & venue of Annual General Meeting of the Company as well as dated of Book Closure will be intimated in due course of time.

The stock closed the day at Rs.110, up by Re.0.25 or 0.23%. The stock hit an intraday high of Rs.110 and low of Rs.107.50. The total traded quantity was 745 shares compared to 2 week average of 563.

Source : Equity Bulls

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