Tata Metaliks Board recommends 60% dividend

Tata Metaliks Ltd has announced that the Board of Directors of the Company at its meeting held on April 25, 2007, inter alia, has recommended a dividend of 60% for the year 2006-07 (2005-06 - 60%).

The stock was trading at Rs.114.25, up by Rs.9.50 or 9.07%. The stock hit an intraday high of Rs.115.50 and low of Rs.105.45. The total traded quantity was 131698 compared to 2 week average of 31184.

Source : Equity Bulls

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