The Indian Hotels Company Ltd board recommends dividend of Rs. 0.40

The Board of Directors of The Indian Hotels Company Ltd at their meeting held earlier today recommended a dividend of Rs.0.40/- per Equity Share of Rs. 1/- each fully paid up of the Company @ 40% (previous year Rs. 0.50/- per Equity Share of Rs. 1/- each fully paid up @ 50%), subject to approval of the Members at the Annual General Meeting (AGM).

Shares of INDIAN HOTELS CO.LTD. was last trading in BSE at Rs.111.45 as compared to the previous close of Rs. 110.55. The total number of shares traded during the day was 282455 in over 2435 trades.

The stock hit an intraday high of Rs. 114.7 and intraday low of 107.55. The net turnover during the day was Rs. 31642768.

Source : Equity Bulls

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