Kamat Hotels Board recommends 25% dividend

Kamat Hotels India Ltd has announced that the Board of Directors of the Company at its meeting held on May 30, 2007, inter alia, has recommended payment of dividend @ 25% for the year ended on March 31, 2007 subject to approval of the shareholders.

The stock closed the day at Rs.166, down by Rs.2.65 or 1.57%. The stock hit an intraday high of Rs.184.40 and low of Rs.166. The total traded quantity was 22996 compared to 2 week average of 8005.

Source : Equity Bulls

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