Tata Tea Board recommends 150% dividend

Tata Tea Ltd has announced that the Board of Directors of the Company at its meeting held on June 01, 2007, inter alia, has recommended a dividend of Rs 15/- per equity share of 10 each, fully paid, in respect of the financial year 2006-07.

The stock closed the day at Rs.952.30, up by Rs.31.30 or 3.40%. The stock hit an intraday high of Rs.970 and low of Rs.938.05. The total traded quantity was 371475 compared to 2 week average of 226485.

Source : Equity Bulls

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