NIIT Technologies Board recommends dividend of Rs 6.50

NIIT Technologies Ltd has announced that the Board of Directors of the Company at its meeting held on June 11, 2008, inter alai, has recommended dividend of Rs 6.50 per equity share (previous year: Rs 6.50 per equity share).The stock was trading at Rs.131.65, up by Rs.7.90 or 6.38%. The stock hit an intraday high of Rs.132.25 and low of Rs.125.35.The total traded quantity was 175211 compared to 2 week average of 205978.