Cranes Software International Ltd has announced that the Board of Directors of the Company at its meeting held on June 26, 2008, inter alia, has recommended (Subject to approval of the shareholders) an equity dividend as follows: Regular Dividend of 20% & a special Dividend of 40%, thereby aggregating to 60% (Re 1.20/- per share) for the year 2007-08.
The stock was trading at Rs.122, down by Rs.2.40 or 1.93%. The stock hit an intraday high of Rs.123 and low of Rs.119.55.
The total traded quantity was 1459 compared to 2 week average of 3996.
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