Everest Industries Board recommends 40% dividend

Everest Industries Ltd has announced that the Board of Directors of the Company at its meeting held on April 23, 2007, inter alia, has recommended a dividend @ 40% (Rs 4/- Per Share) for the Financial year 2006-07 subject to the shareholders approval.

The stock closed the day at Rs.103, up by Rs.1.20 or 1.18%. The stock hit an intraday high of Rs.105.90 and low of Rs.102. The total traded quantity was 4067 shares compared to 2 week average of 4958.

Source : Equity Bulls

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