Friday, April 29, 2011

INDIA: Prism Cement skips final dividend

The Board of Directors of Prism Cement Ltd at its meeting held on April 29, 2011, inter alia, has recommended that the Interim Dividend @ Re. 1.00 per share aggregating to Rs. 58.70 crores (including dividend distribution Tax) paid on November 08, 2010 be treated as Final Dividend.

The stock closed the day at Rs.55.95, down by Rs.0.95 or 1.67%. The stock hit an intraday high of Rs.57.15 and low of Rs.54.35.

The total traded quantity was 3.43 lakhs compared to 2 week average of 0.59 lakhs.

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