Bajaj Electricals Board on meeting May28 recommends 100% Dividend

Bajaj Electricals Ltd has announced that the Board of Directors of the Company at its meeting held on May 28, 2009, inter alia, has recommended a dividend of 100% (Rs 10) for the year ended March 31, 2009 on the Equity Shares, subject to approval of the Shareholders in the ensuing Annual General Meeting. The stock was trading at Rs.352, up by Rs.2.35 or 0.67%. The stock hit an intraday high of Rs.369 and low of Rs.348. The total traded quantity was 7884 compared to 2 week average of 8017.

Source : www.equitybulls.com/admin/news2006/news_det.asp?id=53025