Ingersoll Rand India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 28, 2008, for taking on record the Audited Financial Results for the year ended March 31, 2008 and also to recommend a final dividend for the year ending March 31, 2008.
Suggestion:
Corporate holds close to Rs 600 crore in cash or roughly Rs 200 per share in cash. There could be a large dividend pay-out or announcement of new business plans..stock is worth taking a chance with a Rs 300 stop loss.
No comments:
Post a Comment