The board of directors of BEML at its meeting held on Feb. 18, 2008 approved payment of interim dividend of 55% on the paid-up share capital of the company for the year 2007-08.
The company registered a 11.84% growth in net profit to Rs 592.40 million for the quarter ended December 2007 as compared with Rs 529.70 million for the corresponding quarter last year.
Shares of the company were last trading down Rs 34.50, or 2.82% at Rs 1188. The total volume of shares traded at the BSE was 12,923. (3.02 p.m, Monday).
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