TIMKEN India Ltd board recommends dividend of Rs. 50

The Board of Directors of TIMKEN India Ltd at its meeting held today, has recommended payment of Dividend of Rs. 50 per equity share of Rs. 10/- each fully paid up for the year ended 31 March, 2020. The Dividend will be paid to eligible shareholders after obtaining approval of the members at ensuing Annual General Meeting.

Shares of TIMKEN INDIA LTD. was last trading in BSE at Rs.897.35 as compared to the previous close of Rs. 899.75. The total number of shares traded during the day was 1521 in over 298 trades.

The stock hit an intraday high of Rs. 918 and intraday low of 897.35. The net turnover during the day was Rs. 1380957.

Source : Equity Bulls

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