Indian Hume Board recommends 60% dividend

Indian Hume Pipe Company Ltd has announced that the Board of Directors of the Company at its meeting held on May 29, 2007, inter alia, has recommended a Dividend of 60% i.e. Rs 6/- per Share on Equity Shares of the face value of Rs 10/- each for the year ended March 31, 2007.

The stock closed the day at Rs.430, up by Rs.8.55 or 2.03%. The stock hit an intraday high of Rs.442 and low of Rs.418. The total traded quantity was 1066 compared to 2 week average of 1099.

Source : Equity Bulls

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