Ambika Cotton Board to consider dividend

Ambika Cotton Mills Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 22, 2007, to consider and take on record the Audited Financial Results for the year ended March 31, 2007 and consideration of payment of Dividend in respect of the above Financial Year.

The stock closed the day at Rs.138.60, down by Rs.10.45 or 7.01%. The stock hit an intraday high of Rs.150 and low of Rs.135.60. The total traded quantity was 26080 compared to 2 week average of 8880.

Source : Equity Bulls

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