IndiaNivesh declares 20% dividend
IndiaNivesh declares 20% dividend >The members of IndiaNivesh, at the 76th annual general meeting (AGM) of the company held on Sep. 17, 2007, approved declaration of dividend at the rate of Rs 2 a share of Rs 10 each, for the financial year 2006-2007.
India Nivesh swung to a loss for the quarter ended June 2007. During the quarter, the company reported a loss of Rs 3.88 million, compared with a profit of Rs 14.16 million in the corresponding quarter, last year.
Total income dipped 97.73% to Rs 0.35 million, with other income rising 94.44% to Rs 0.35 million, compared with the corresponding quarter, a year ago.
Shares of the company were last trading up Rs 0.7, or 0.2%, to Rs 356. The total volume of shares traded was 22,300 at the BSE. (Monday)
