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Date: 2013-08-01

FAG Bearings Board recommends Dividend of Rs 4.50

FAG Bearings India Ltd has announced that the Board of Directors of the Company at its meeting held on February 12, 2009, inter alia, has recommended a dividend for the year ended December 31, 2008 at the rate of Rs 4.50 (2007: Rs 4.00) per equity share.

The stock was trading at Rs.255.55, up by Rs.21.55 or 9.21%. The stock hit an intraday high of Rs.255.55 and low of Rs.226.25.

The total traded quantity was 974 compared to 2 week average of 300.


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