HB Portfolio Board recommends 18% dividend

HB Portfolio Ltd has announced that the Board of Directors of the Company at its meeting held on April 24, 2007 has approved recommendation of dividend at the rate 18% on equity shares (pro-rata on the amount paid up) for the year ended March 31, 2007.

The stock closed the day at Rs.38, up by Rs.2 or 5.56%. The stock hit an intraday high of Rs.38.95 and low of Rs.36.50. The total traded quantity was 3012 shares compared to 2 week average of 2728.

Source : Equity Bulls

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