Engineers India is trading higher by 4% at Rs 173 after the company announced that its board will meet on Saturday to consider interim dividend.
A meeting of the Board of Directors of the Company will be held on March 15, 2014, inter alia, to consider the declaration of interim dividend on the equity shares of the company for the financial year 2013-14, Engineers India said in a BSE filing.
The state owned company has fixed March 21, 2014 as the record date for interim dividend, it added.
The company had paid total dividend of Rs 6 per share, include interim dividend of Rs 3 per share on face value of Rs 5 per share during the previous financial year 2012-13.
The stock opened at Rs 169 and touched a high of Rs 173 on the BSE. A combined around 120,000 shares changed hands on the counter in early morning deals on the BSE and NSE.
A meeting of the Board of Directors of the Company will be held on March 15, 2014, inter alia, to consider the declaration of interim dividend on the equity shares of the company for the financial year 2013-14, Engineers India said in a BSE filing.
The state owned company has fixed March 21, 2014 as the record date for interim dividend, it added.
The company had paid total dividend of Rs 6 per share, include interim dividend of Rs 3 per share on face value of Rs 5 per share during the previous financial year 2012-13.
The stock opened at Rs 169 and touched a high of Rs 173 on the BSE. A combined around 120,000 shares changed hands on the counter in early morning deals on the BSE and NSE.
