RSWM Ltd declares Rs.3 dividend

RSWM Ltd has announced that the Board of Directors of the Company at its meeting held on March 19, 2007, had declared interim dividend of Rs 3/- per equity share (face value of Rs 10/- each) for the year 2006-07. The Board of Directors at its meeting held on April 24, 2007, inter alia, has decided to treat interim dividend as final dividend for the year ended March 31, 2007.

The Baord of Directors has announced dividend @ 0.01% i.e. 1.5 paise on every Optionally Convertible Redeemable Preference Shares of Rs 150/- each.

The stock closed the day at Rs.95.85, up by Rs.2.85 or 3.06%. The stock hit an intraday high of Rs.96.50 and low of Rs.93. The total traded quantity was 14889 compared to 2 week average of 6698.

Source : Equity Bulls

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