Savera Industries Board recommends 20% dividend

Savera Industries Ltd has announced that the Board of Directors of the Company at its meeting held on July 14, 2007, inter alia, has recommended a dividend @ 20% (Rs 2.00 per share) for the financial year 2006-07.

The stock was trading at Rs.74, up by Rs.0.75 or 1.02%. The stock hit an intraday high of Rs.74 and low of Rs.71.20. The total traded quantity was 2750 compared to 2 week average of 5600.

Source : Equity Bulls

Keywords