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FAG Bearings Board to consider Dividend for 2009

FAG Bearings India Ltd has announced that a meeting of the Board of Directors of the Company will be held on February 11, 2010, inter alia, to consider the Annual accounts for the year ended December 31, 2009, Quarterly results for the period ended December 31, 2009 and Recommendation of Dividend for the year 2009.

The stock was trading at Rs.555.40, down by Rs.29.10 or 4.98%. The stock hit an intraday high of Rs.584.35 and low of Rs.546.

The total traded quantity was 755 compared to 2 week average of 1462.

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