DCI Board to Consider Dividend for 2010-11 (India)

A meeting of the Board of Directors of Dredging Corporation of India Ltd will be held on May 30, 2011, to consider the audited financial results for the year ended March 31, 2011 and also consider recommending dividend, if any for the approval of the shareholders in the ensuing Annual General Meeting to be held by August/September 2011.

The stock was trading at Rs.327.10, down by Rs.5.45 or 1.64%. The stock hit an intraday high of Rs.338 and low of Rs.326.15.

The total traded quantity was 2182 compared to 2 week average of 4760.

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Source: equitybulls, May 12, 2011;