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Ahmednagar Forgings recommends dividend

14 Nov 2011 Evaluate

Ahmednagar Forgings has informed that the board of directors of the company at its meeting held on November 12, 2011, have recommend a dividend of Rs. 2 per equity share of Rs. 10 each for the financial year ending June 30, 2011, subject to approval of shareholders of the company in the ensuing Annual General Meeting.

The above information is part of the company’s filing submitted to the BSE.

Peers
Company Name CMP
Bharat Forge 1709.60
Ramkrishna Forgings 591.05
MM Forgings 477.80
Happy Forgings 1761.80
Balu Forge Inds. 421.50
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