Bank of Maharashtra Board recommends 20% dividend

Bank of Maharashtra has announced that the Board of Directors of the Bank at its meeting held on April 30, 2007, inter alia, has recommended divided of 20% for the year ended March 31, 2007.

The stock was trading at Rs.41.75, up by Rs.1.05 or 2.58%. The stock hit an intraday high of Rs.42.45 and low of Rs.40.75. The total traded quantity was 181589 compared to 2 week average of 86347.

Source : Equity Bulls

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