The board of Pioneer Investcorp, at its meeting held Aug. 20, 2007, recommended a dividend of 15%, that is Rs 1.5 a share of face value Rs 10 each for the year 2006-07. Pioneer Investcorp announced a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the company`s profit went up 11.59 times to Rs 100.15 million from Rs 8.64 million in the same quarter last year.
Monday, August 20, 2007
Pioneer Investcorp recommends 15% dividend
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