Josts Engineering Board recommends 100% dividend

Josts Engineering Company Ltd has announced that the Board of Directors of the Company at its meeting held on May 30, 2007, inter alia, has recommended a dividend of Rs 5/- (50%) per share for the financial year ended March 31, 2007 and Rs 5/- (50%) per share as a special dividend for the Centenary Year, making total dividend of Rs 10/- (100%) per share.

The stock closed the day at Rs.435, down by Rs.24.30 or 5.29%. The total traded quantity was 2581 compared to 2 week average of 421. The stock hit an intraday high of Rs.499.85 and low of Rs.422.60.

Source : Equity Bulls

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