Apar Industries Board recommends 20% final dividend

The Board of Directors of Apar Industries Ltd at its meeting held on May 30, 2007, inter alia, has recommended Final Dividend @ Rs 2.00 (20%) per share on Equity Shares of Rs 10.00 each for the Financial Year 2006-2007. This recommendation is over and above the Interim Dividend @ Rs 1.50 (15.00%) per share already paid on Equity Shares of Rs 10/- each.

The stock closed the day at Rs.170, down by Rs.2.70 or 1.56%. The total traded quantity was 2568 compared to 2 week average of 3132. The stock hit an intraday high of Rs.175.90 and low of Rs.169.

Source : Equity Bulls

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