Magna Electro Castings Ltd Board recommends Dividend of Rs. 1.50

The Board of Directors of Magna Electro Castings Ltd at its meeting held on June 25, 2021, inter alia, has recommended a Dividend of Rs. 1.50 Per Share of Rs. 10 each (15%) on the Equity Share Capital of the Company. subject to the approval of Shareholders at the ensuing Annual General Meeting for the financial year ended March 31, 2021.

Shares of MAGNA ELECTRO CASTINGS LTD. was last trading in BSE at Rs.180 as compared to the previous close of Rs. 180.2. The total number of shares traded during the day was 11527 in over 113 trades.

The stock hit an intraday high of Rs. 184 and intraday low of 177. The net turnover during the day was Rs. 2061833.

Source : Equity Bulls

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