SKF Zooms on Payout Move

SKF India surged over 16 per cent from its previous close of Rs 429.25 to touch its 52-week, and settled for a close at Rs 476.25. A shade less than 6 lakh shares were traded on the counter.

The company declared a divided of Rs 4.50 per share, for the year ended December 31, 2006. The stock has been gaining over the past one month, and has registered a gain of nearly 32 per cent.

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